DO YOU WANT TO LEARN MORE ABOUT CORPORATE TAX RULES IN FRANCE?
Click here to learn more about:
- Corporate taxes and determining taxable earnings
- Value-Added Tax (TVA) and customs costs
- Professional tax
- Property and community taxes
- Repatriation of earnings
Don't hesitate to contact specialized professionals for advice regarding your individual case.
TAX INCENTIVES DO EXIST. TAKE ADVANTAGE OF THEM!
We can also help you identify the resources for which you may be eligible and constitute your application. Please contact us so that we may contact you. Without attempting to provide an exhaustive list, here are some of the more interesting opportunities available, resources that make France the most enticing country for innovative young companies today.
Research tax credit (Crédit d'impôt recherche, or CIR): in some cases, your research-related expenses may entitle you to a tax credit (CIR) that you can apply against your corporate tax liability. If you are in a situation where you do not have to pay corporate tax, the CIR is reimbursed to you after three years.
New technology tax credit (Crédit d'impôt nouvelles technologies): reserved for SMEs, this tax credit is equal to 20% of your expenses on new technologies (limited to 100,000 euros for a given 36 month period). The new technology tax credit program ended on Dec. 31, 2007, but is currently being reconsidered for continuation.
The CICE (Crédit d'impôt pour la compétitivité et l'emploi) has been introduced to enhance the competitiveness of businesses in France. It will be used to boost investment, research, innovation, training, employment and the exploration of new markets, and to help firms recover their working capital. The CICE will benefit all businesses, regardless of their legal status – sole proprietorship, partnership, joint-stock company, etc. – or economic sector (agriculture, crafts, commercial, manufacturing, services, etc.).
The CICE is based on all wages paid to salaried employees in a given calendar year. Salaries must not be more than 2.5 times the French minimum wage.The rate of the tax credit shall be 4% for wages paid in 2013, rising to 6% as from 2014. You will find further information here