Article L3332-24 of the French Labour Code
November 7, 2023
This section applies to transfers by a company of up to 10% of its total issued securities to members of a company savings plan.
This section applies to transfers by a company of up to 10% of its total issued securities to members of a company savings plan.
Except in the cases listed in the Conseil d’Etat decree provided for in article L. 3324-10, shares or units acquired on behalf of employees and former employees are delivered to them at the end of a minimum period of five years from the date of acquisition of the securities. This period does not apply if the liquidation of assets acquired under the company savings plan is used to purchase company…
The free shares referred to in Article L. 3332-14 are only available after a minimum period of five years from their payment into the plan. The provisions of articles L. 225-197-4 and L. 225-197-5 of the French Commercial Code are applicable.
The sums mentioned in article L. 3332-11 may be deducted by the company from its profits for the purposes of corporation tax or income tax, as the case may be. They are not taken into account for the application of employment legislation and are excluded from the basis of assessment for contributions defined inarticle L. 242-1 of the Social Security Code. They are exempt from income tax for beneficiaries. To…
A decree in the Conseil d’Etat shall determine the terms and conditions for the application of this chapter.
Subject to the specific provisions of this chapter, the provisions relating to the company savings plan are applicable to the inter-company savings plan.
An inter-company savings plan may be set up by collective agreement concluded under the conditions set out in Book II of Part Two. If this plan is set up between several individual employers, it may also be established according to one of the methods provided for in articles L. 3332-3 and L. 3332-4. In this case, the plan is approved in the same terms within each of the companies and…
The agreement sets the rules for the inter-company savings plan. These rules determine in particular: 1° The signatory companies or the professional and geographical scope ; 2° The nature of the sums that may be paid in; 3° The various possibilities for allocating the sums collected, in particular the number, management orientation and risk profile of the funds used; 4° The conditions under which account management fees are paid by…
When the establishment of an inter-company savings plan between several individual employers or membership of such a plan is not established by virtue of an agreement with the employees, the provisions of article L. 3332-8 are applicable.
The inter-company savings plan may collect sums from profit-sharing, company profit-sharing, voluntary payments by employees and the persons mentioned in article L. 3332-2 belonging to companies within the scope of the agreement and, where applicable, additional payments by these companies.
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is a Registered Trademark of
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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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