Recent changes to French tax law could have serious repercussions for high net worth individuals who don’t incorporate the new legislation into their tax planning strategies. On 20 December 2018, the French Parliament approved the Finance Bill for 2019. The bill contained significant alterations that will impact a range of taxes, including income tax, investment […]
Foreign investments in France are becoming increasingly regulated, handing more control to the French Government. More foreign investments will be subject to prior authorisation, thanks to a new decree dated November 29, 2018, which provides for the expansion of the 2014 decree. In addition, the Action Plan for Business Growth and Transformation (the ‘PACTE’), which […]
Hervé de KervasdouéPartner, BG2V
Corporations are consistently faced with newly emerging regulatory and legal risks, particularly so during the last few years with the multiplication of texts regarding obligations concerning governance and corporate responsibility. There is an increasing liability on corporations and their executives to provide a duty of care around the verification and independence of service providers. Their […]
France’s new Pay as You Earn (PAYE) tax system will have implications for foreign employers, including, in some cases, the appointment of an accredited tax representative in France. The PAYE system went live on January 1st 2019 and is designed to compel employers to withhold income tax from their employees’ taxable salaries and pay it […]
Negotiation has undoubtedly turned into the new keystone of French labour law, due to two recent major pieces of legislative reform relating to industrial relations and employment litigation. No less than five orders were adopted on 22 September 2017, as part of the ‘flexisecurity’ movement, with the aim of revising our old labour code, while […]
French insolvency law is constantly being reshaped, with multiple new laws, amendments and reforms taking place across the last three decades. This article aims to present the latest amendments introduced by the ‘PACTE Act’, which is currently being discussed by the French parliament. The PACTE Act, has a broader scheme than just insolvency procedure, but […]
A number of legislative measures restraining the attorney-client privilege have been implemented in France during the past 20 years. The most controversial of these restraints affect tax attorneys, who are often authors of the outlines of tax regularisation. As a fundamental ethical principle of the profession, the attorney-client privilege is actively protected by French attorney […]
” I feel honored to be listed for the second year in a row by the notorious Decideurs Magazine among the best tax lawyers of France in 4 different categories (wealth tax, litigation and readjustment assistance, wealth tax regulation and litigation, taxation of international groups) and I am particularly proud of entering for the first […]
The firm Cabinet Carrel (Alexandra Carrel, partner, and Françoise Escoffier, of counsel) and BG2V (Stanislas Richoillez, partner, and Mathilde Périer, associate) assisted Anagenesis Biotechnologies in raising capital for the second time since its creation in 2011. Boehringer Ingelheim Venture Fund (BIVF) and Cap Innov’Est (CIE), a French inter-regional seed fund, which already holds capital in […]
Hervé de KervasdouéPartner, BG2V
BG2V assisted the founders of Luckey Homes, a French start-up specialized in property management for owners and users of short-term rental reservation platforms, in its acquisition by Airbnb. BG2V assisted Luckey Homes’ founders for all of the corporate, tax law, employment law and IP aspects of this transaction. The firm’s range of expertise and the […]
Hervé de KervasdouéPartner, BG2V
An initial coin offering (ICO) is a concept that has come to real prominence during the last three years, alongside the rise of blockchain or distributed ledger technology (DLT), as […]
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Major importance is vested in intellectual property rights when technology transactions are taken into consideration. Therefore it is appropriate to assert that the relationship between these rights and the said transactions demonstrates an intricate nature. According to a business-wise approach, the protection provided with the related IP rights and the proper setting to be established […]