France has a potentially alluring separate tax program for people who wish to run their own business. This tax program is simplified and is likely to benefit those in their first year of sales and operation. The entrepreneur tax also has the benefit of being pay-as-you-go, meaning those starting new businesses must only pay as they accrue sales. Under this French small business program new business owners can pay their tax liability based on a formula based on expected profits, though a higher than expected operating profit will result in a much higher tax bill. Those opening a business in France may choose which method of taxation they fall under and should consult a French tax attorney.
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Different Types of Taxation for Entrepreneurs in France
Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.
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