Section 6a: The equity savings plan for financing small and medium-sized enterprises and mid-cap companies

A written contract is signed between the subscriber and one of the bodies mentioned in article L. 221-32-1 when a share savings plan is opened to finance small and medium-sized enterprises and mid-sized enterprises. This contract informs the subscriber that only one plan may be opened per taxpayer or by each spouse or partner in a civil solidarity pact subject to joint taxation and that the amount paid into the…

The operations authorised under the plan in accordance with the Insurance Code are those that fall within class of business 24 of article R. 321-1 of that Code.

I. – The plan is opened on the date of the first payment. II. – When the plan is opened with an organisation other than an insurance company, the organisation managing the plan credits the cash account with the payments made by the account holder, the amount of cash proceeds from the securities held in the associated securities account, repayments and the amount of sales of these securities. The account…

In accordance with the provisions of article L. 141-7, the Banque de France collects statistical information on share savings plans from custodian-account holders, as defined by order of the Minister for the Economy. This information is collected for the previous calendar year before the end of February each year. It is communicated by the Banque de France to the Minister for the Economy before the end of April of the…

I. – The number of employees, turnover and balance sheet total of the company issuing the securities registered in the plan, referred to in a) of 2 of Article L. 221-32-2, are assessed under the conditions defined in Articles 1, 3, 5 and 6 of Annex I to Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of…

I. – For the application of a, b and c of 3 of article L. 221-32-2, the number of employees, turnover and balance sheet total mentioned in 2 of the same article are determined in accordance with I of article D. 221-113-5. The data used to determine eligibility for the plan are those relating to the last financial year ended prior to the date on which the securities concerned are…

The provisions of articles 91 quater G to 91 quater K ter of appendix II to the general tax code are applicable to the share savings plan intended for the financing of small and medium-sized companies and companies of intermediate size.