Many non-residents who let out furnished property in France are likely to pay less in tax by registering as a micro-entreprise business.
A Covid-19 government funded job retention scheme is in place to enable employers to keep employees on the payroll.
A hardship grant of up to €1,500 a month, as well as suspension of taxes and social security contributions, is available for small business owners.
There has been a loosening up of France's strict tenancy controls, but there remain significant limitations.
The social insurance fund for the self-employed has been abolished, so what are the consequences for small business owners in France?
Most businesses in France are liable for local business rates, which must be paid this month.
Business start-ups in France which choose the 'régime réel' form of taxation are subject to a particular set of rules for social security contributions.
Self-employed business owners have been granted a right to unemployment benefit in France, albeit bound with some tight conditions.
The relief from social security contributions granted to micro-entreprise start-ups is to be substantially reduced.
A non-compete clause that prevents a former employee from exercising a new professional activity is null and void, a French court has ruled.
Some chateau owners seeking to run a chambre d’hôte are being advised that their property must be classed as a hotel, with significant financial implications.
The lack of limited liability and the requirements of French law
frequently requires that a small business owner needs to take out insurance
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