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When compared to other countries, due to high regulation, banks in France aren’t always very cooperative. This applies when trying to open a business bank account, and, of course, when requesting a loan.
In the recent years, countries have adopted a pretty harsh stance on money laundering. As you might expect, France is no exception. In 2016, the Sapin Bill was passed to help prevent money-laundering and terrorism. How do they do that? By having all company creators declare every beneficial owner.
If you’re not prepared, doing business with the French can be like navigating a minefield. There are many things foreigners need to pay attention to that aren’t obvious if you don’t know about them.
You’re creating a business in France, and your business plan made it apparent that you needed some funding. If so, you’re going to need to talk to a banker, and that can be a surprisingly difficult task.
The social protection of managers depends on two things: the legal structure of the business, and their place within it.
Choosing a legal status is a necessary step to create your company in France. Basically, it allows you to define a general framework for your business, under which your company will evolve in accordance with the law. While all of this sounds incredibly complicated, it’s really not that bad once you break down the choices available to you.
Will the United Kingdom have its companies flee towards other European countries? As businesses start to worry that there might be a hard Brexit without a proper agreement, this seems more and more likely.
While Taxes in France appear to be extremely high at first glance, you should keep in mind that the French make a clear distinction between taxes and social contributions. If you were to just take taxes into account, French taxes would actually be lower everywhere except for the top category.
The impact of Brexit on workforces If necessary, the UK will leave the EU without a proper agreement. Ever since Theresa May confirmed that she
