France Improves Its Attractiveness For Inbound Expatriates

Employees hired in France or posted to France from abroad may be exempt from contributing to French pension schemes due to France’s effort to transform economic growth and aid businesses. The new ‘PACTE’ (Action Plan for Business Growth and Transformation) law adopted in April 2019 includes a specific exemption of pension contributions for inbound expatriates […]

Stéphanie Le Men-TenailleauPartner, GALAHAD cabinet d’avocats

CBM Audit & Conseil – Updates – August 2019

CBM Audit & Conseil has been recently appointed in order to assist France based Dentsu Aegis Network subsidiary, in: Participating in the preparation of quarterly and annual financial statements Reviewing financial closure procedures, identify areas for improvement and assist in the implementation Participating in the smooth running of internal and external audits Participating in the collection and analysis […]

Stéphane BellangerPartner, CBM Audit & Conseil

Log Book No. 127 – July 2019

Harassment: acknowledgement of the existence of acts of harassment outside of work. An employee complained about acts constituting psychological harassment during his end-of-career leave with cessation of work.  The trial judges rejected his claims for compensation in this respect because he could not put forward any deterioration of his working conditions, since he no longer occupied […]

Lionel ParairePartner, Galion

CBM Audit – Update July 2019

CBM has been appointed in order to assist France based Inglot subsidiary, a private Polish cosmetics company, specializing in the manufacturing of make-up products, in preparing the monthly tax compliance, the payroll & the year-end financial statements. Inglot Cosmetics is now one of the world’s leading manufacturers in colour cosmetics, with a notorious brand and […]

Stéphane BellangerPartner, CBM Audit & Conseil

ADDAX Avocats joins IR as the exclusive Debt & Asset Recovery Member in France

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Michel Mall of ADDAX Avocats. Michel has joined IR as our exclusive Debt & Asset Recovery Member in France. Michel MALL has a Master Degree in Industrial Property and Agreements. He began his career as an in-house lawyer where he gained extensive experience […]

Michel MallAssociate Lawyer, ADDAX Avocats

CBM has been elected member of the France Invest Ethics Commission

CBM has been elected a member of the France Invest Ethics Commission (https://www.franceinvest.eu/club/commission-de-deontologie) after being appointed an associated member of the French Private Equity Association in 2017. As such, is also a member of Invest Europe (formerly known as European Private Equity & Venture Capital Association – EVCA). France Invest unites and represents all parts of the […]

Stéphane BellangerPartner, CBM Audit & Conseil

Company Formations: A jurisdictional guide to setting up a business

QUESTION ONE – What are the most common structures used when international clients want to form a company in your jurisdiction? Any examples? The most common structure is the simplified stock cor­poration (SAS). QUESTION TWO – Please detail some of the favourable and unfavourable legislation that businesses considering establishing a presence in your jurisdiction should […]

Frédéric MeunierManaging Partner & Founder, Squareness

Benoît Couty of Pichard & Associés recently participated in an article published by Accountancy Daily

French tax rates for high net worth individuals lowered The French finance bill for 2019 adjusted the general 30% flat tax on financial incomes, the real estate wealth tax and the business transmission tax regime for high net worth individuals in a bid to keep more wealthy French at home. Benoît Couty, partner at Pichard & […]

Benoît CoutyPartner, Pichard & Associés