Individuals of legal age whose tax residence is in France may open a share savings plan with a credit institution, the Caisse des dépôts et consignations, the Banque de France, La Banque Postale, an investment firm or an insurance company governed by the Insurance Code. The same person may hold only one share savings plan. A plan may have only one holder. The plan gives rise to the opening of…
I. – 1° The sums paid into the share savings plan are used for one or more of the following purposes : a) Shares, with the exception of those mentioned in article L. 228-11 of the French Commercial Code, or company investment certificates, cooperative investment certificates, mutualist certificates mentioned in articles L. 322-26-8 of the French Insurance Code and L. 221-19 of the French Mutual Code and parity certificates mentioned…
I. – After the fifth year, partial withdrawals of sums or securities and, in the case of capitalisation contracts, partial redemptions do not result in the closure of the equity savings plan. II. – Before the end of the fifth year, any withdrawal of sums or securities from the plan or any redemption will result in the closure of the plan. By way of derogation from this provision, withdrawals or…
Taxpayers whose tax residence is in France may open an equity savings plan for the financing of small and medium-sized enterprises and mid-cap companies with a credit institution, the Caisse des dépôts et consignations, the Banque de France, La Banque Postale, an investment company or an insurance company governed by the Insurance Code. Each taxpayer or each spouse or partner in a civil solidarity pact subject to joint taxation may…
1. Amounts paid into the equity savings plan for the financing of small and medium-sized enterprises and mid-cap companies are used for one or more of the following purposes: a) Shares, excluding those mentioned in article L. 228-11 of the French Commercial Code, or company investment certificates and cooperative investment certificates ; b) Shares in limited liability companies or companies with equivalent status and equity securities in companies governed by…
II and III of article L. 221-31 and article L. 221-32 are applicable to the share savings plan intended for the financing of small and medium-sized enterprises and intermediate-sized enterprises.
Taxpayers whose tax domicile is in France may open an SME innovation account with a credit institution, the Caisse des dépôts et consignations, the Banque de France or an investment firm. Each taxpayer or each spouse or partner in a civil solidarity pact subject to joint taxation may only hold one PME innovation account. An account can only have one holder. The PME innovation account gives rise to the opening…
I. – The holder of an SME innovation account defined in article L. 221-32-4 may deposit in this account units or shares in a company subject to corporation tax that it has acquired or subscribed to outside this account, subject to compliance with the following conditions: 1° The company issuing these units or shares meets the conditions mentioned in 2° of B of 1c of article 150-0 D of the…
I. – Cash withdrawals may be made from the cash account associated with the SME Innovation Account defined in article L. 221-32-4. II. – In the event of the liquidation of a company whose shares are held in the securities account associated with the SME Innovation Account, the sums allocated to the holder of this account in respect of the cancellation of the said securities which are not included in…
The institution with which an SME innovation account defined in Article L. 221-32-4 is opened shall keep, for each unit or share held in the securities account, as well as for the cash held in the cash account, the information required for the application ofArticle 150-0 B quinquies of the General Tax Code.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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