Tax system of French immigrants

# French Immigration # Introduction Many friends will have the idea of immigrating to France. To tell the truth, emigrating to France is indeed a very good decision. Because of French culture, welfare benefits are very good. So, what is the tax system in France? Introduce yourself on the Internet.

French goods are subject to value-added tax after sale, and the tax rate is about 19.6%. In fact, this tax does not need to be paid by suppliers. Generally, value-added tax is added to the wholesale price, which is included in the customer's payment, and the company's expenses can be deducted from the value-added tax to be paid. For example, the company will pay VAT of 654.38+00,000 euros this month. As a result of buying a car for the company's use, the car contains 8,000 euros of VAT, so the company only needs to pay 2,000 euros of VAT this month. France implements a free tax declaration system, which is levied once every quarter in principle, and the amount is declared by the operators themselves. In addition, the company also has to pay employees other related benefits (such as medical benefits, unemployment benefits, pensions, etc.). ).

These related welfare expenditures account for about 45% to 55% of wages, of which the boss helps employees pay about 33%. For example, the employee's monthly salary 1200 euros, in addition to the employee's salary, the boss has to pay about 396 euros to the government, and the other part is paid by the employee.

The minimum wage in France is around 809 euros. If an employee of a company is unemployed or retired, the government will refund the unemployment benefits and pensions paid to the employee in batches.

Whether it is the calculation of value-added tax, the declaration of wages or the declaration of tax payment, it is handled by accountants. For large enterprises, you can hire specialized accountants; For a small company, you can ask an accounting firm to serve you. Pay a certain service fee every month, about 1000~2500 RMB (calculated by turnover). If the turnover is high, the accounting expenses will be higher. Everyone who works or does business in France needs to pay personal income tax once a year. The annual income below 1.068 euros is not taxed, and the individual income tax above 1.068 euros is levied 10% ~ 50%. The French government stipulates that joint-stock companies and limited liability companies operating in France should pay 25% tax if their net profit is less than 40,000 euros, and 33% tax if their net profit exceeds 40,000 euros, but the tax rate will be adjusted from time to time. Loss-making enterprises only need to pay more than 700 euros/year. If it is a newly established company, it is completely exempt from profits tax in the first two years, 5% of 25% net profit in the third year, 50% of 25% net profit in the fourth year, 75% of 25% net profit in the fifth year and all of them in the sixth year. France's import tax rate is the same as that of other western countries. For example, the tariffs on clothing and building materials are all around 15%.

If it is an electronic product, you may need to apply for special inspection. Relevant French consulting companies can handle these procedures. The specific tax rates of various commodities can be found on the official website of French Customs. French taxes are related to China people, such as customs duties, value-added tax and related benefits, personal income tax and corporate profit tax, while others, such as inheritance tax and super-rich tax, are mostly unrelated to China people. After paying business tax in France, profits can be remitted freely.