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Section 2: Aid for property investment and leasing granted to businesses

Article R1511-4 of the French General Code of Local Authorities

I. – For the application of this section, the market value of the land or buildings used as a reference for determining the amount of aid that may be granted by the local authorities and their groupings, under the conditions laid down in Article L. 1511-3, is set by the departmental or, where applicable, regional director of public finance or by an expert. In cases where its opinion is required…

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Article R1511-4-1 of the French General Code of Local Authorities

For the application of this section, aid granted in the forms provided for in Article L. 1511-3 for the financing of real estate projects under leasing and hire-purchase contracts is considered to be investment aid. This aid can only be granted if the leasing or hire-purchase contract still has a duration of at least five years after the anticipated completion date of the investment project. Where the beneficiary company is…

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Article R1511-4-2 of the French General Code of Local Authorities

The deliberative assemblies of the territorial authorities and their groupings determine the conditions for the allocation, liquidation, payment, cancellation and repayment of aid granted under this section. Benefit from this aid is subject to the company’s compliance with its tax and social security obligations. The agreement referred to in paragraph 2 of Article L. 1511-3 includes a declaration in which the beneficiary company mentions all the aid received or applied…

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Article R1511-5 of the French General Code of Local Authorities

In order to encourage the creation or expansion of economic activities in the investment aid zones for small and medium-sized enterprises for the period 2022-2027 mentioned in Article 3 of Decree no. 2022-968 of 30 June 2022 on regional aid zones and investment aid zones for small and medium-sized enterprises, local authorities or their groupings may, alone or jointly, grant, subject to the provisions of Commission Regulation (EU) No 651/2014…

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Article R1511-10 of the French General Code of Local Authorities

In order to encourage the creation or expansion of economic activities in the regional aid areas delimited by Decree no. 2022-968 of 30 June 2022 on regional aid areas and investment aid areas for small and medium-sized enterprises for the period 2022-2027, local authorities or their groupings may, alone or jointly, subject to the provisions of subsections 4 and 5 of this section, grant the aid referred to in Article…

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Article R1511-12 of the French General Code of Local Authorities

The amount of aid for property investment that local authorities and their groupings may grant pursuant to Article L. 1511-3 is calculated by reference to the market value of the land and buildings set, according to market conditions, under the terms and conditions set out in article R. 1511-4. The limits and conditions for granting aid are, depending on the areas, categories of business and investment amounts concerned, those set…

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Article R1511-13 of the French General Code of Local Authorities

Aid for real estate investment that has the effect of increasing the total amount of public aid granted for the same project to more than: Article L. 1511-1-1, aid for property investment that has the effect of bringing the total public aid granted for a single project to more than : a) €52.5 million in French Guiana and Mayotte; b) €45 million in Saint-Martin; c) €37.5 million in Guadeloupe and…

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Article R1511-14 of the French General Code of Local Authorities

I. – Aid for property investment may only be granted if the beneficiary has submitted an application to this effect before the start of the investment. Where the beneficiary is a large company, aid may only be granted if the application file shows that at least one of the following conditions is met: a) A significant increase, as a result of the aid, in the size of the project or…

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Article R1511-15 of the French General Code of Local Authorities

The amount of rental aid may not exceed a percentage of the amount of rent corresponding to the market value of the rented property within the limit, depending on the zone in which the rented property is located, of the rates set out in Annex 3 to the decree referred to in l’article R. 1511-10. However, where aid is granted during the three tax years following the creation or takeover…

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