France

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Social Security Charges

High social security charges for both the employer and the employee. Although the income tax rates are in line with most Western European countries, the retentions can be low, making contracting unattractive.
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Employment Structure

Portage Salarial is a peculiar French employment structure without labour leasing. The contractor must be able to find their work, and the portage company provides a form of employment. This structure will have the support of the social security net while allowing the contractor to remain independent.
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Our Expertise

It would be best to exercise care in order to avoid unlawful Delit de Manchandage as we can advise on the routes to take.

Self-employed Solution

Other Deductions 45%
Management Fee 5%
Retained Income 50%

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Self-employment in France is available under two structures. Where the annual income is below €72,500, there is the Micro-Enterprise scheme with lower social security contributions but without the ability to claim business expenses. The rest of the cases will use the Regime Reelle Simplifie where standard social security costs are charged but expenses and the social security costs are allowable expenses for tax purposes. As shown in the chart, a self-employed individual should be able to retain approximately 50% of their emoluments.

Employed Solution

Other Deductions 50%
Management Fee 5%
Retained Income 45%

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Open to all nationals and those who want continuous employment. This solution will appeal to non-EU citizens or British nationals after 01/01/2021, who will need a work permit to work. As shown in the chart, an employed individual should be able to retain approximately 45% of their emoluments.

Limited Company / PSC Solution

Other Deductions 27%
Fixed Costs 6%
Retained Income 67%

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Open to all nationals and those who want continuous employment. This solution will appeal to non-EU citizens or British nationals after 01/01/2021, who will need a work permit to work. As shown in the chart, an employed individual should be able to retain approximately 45% of their emoluments.