Banking and finance news
Mission Transition Écologique: the new platform designed to help VSEs and SMEs in their approach The "Mission Transition Écologique" platform is designed to help VSEs and SMEs access the most appropriate assistance for their situation.
Sale of a business: no automatic transfer of receivables to the buyer In the absence of an express clause to the contrary, the sale of a business does not automatically entail the transfer to the buyer of the seller's obligations, nor of the buyer's...
Suspension of payment of claims during a judicial liquidation When a company is in the process of judicial liquidation, its creditors no longer have the right to claim payment of their debts directly from the company.
Ecological transition for VSEs and SMEs: aid schemes deemed too complex While there are currently 340 eco-transition aids available to businesses, it can be difficult for them to access them easily.
Updated energy checklist, essential support for companies The Energy Crisis Committee offers business leaders a checklist, which has just been updated, to help them make the right decisions when it comes to...
The multiple activities of VSEs when it comes to capital gains tax exemption A small business can benefit from a capital gains exemption on the sale of an asset, but only under certain conditions. In a recent dispute, the Conseil d'Etat had to intervene...
payment deadline on December 15The tax notices for the business property tax (CFE) are online. Liable companies have until December 15, 2023 to pay the balance. CFE
growth of your business with the ETIncelles program The French government is launching ETIncelles to support small and medium-sized enterprises (SMEs) with high potential in their development, and enable them to become intermediate-sized companies (ETIs). the
at work and occupational diseases: deadline for registration for the AT/MP account on 11 December Mandatory for any company covered by the general scheme, regardless of its workforce, registration for the AT/MP account must be done before 11 December.
Bercy launches "Rencontres de la simplification de la vie des entreprises The government recently launched a public consultation aimed at business leaders and entrepreneurs.
Very small businesses benefit from the monumental Grand Paris Express construction site The law creating the Grand Paris Express was passed in June 2010. To support this project, the French government is relying in particular on very small businesses.
SMEs lag behind in digital transformation France Num has presented the results of the 4th edition of its annual Barometer. The study shows that SMEs are lagging behind in terms of digital...
Launch of the 12th Industry Week In 2023, Industry Week will be held from November 27 to December 3, providing an opportunity to promote the sector's professions to the general public.
Accessibility fund supports local shops and establishments Since November 2, small businesses have been able to apply for assistance in financing part of their work.
New features for the National Register of Companies A decree issued on October 17 lays down new provisions concerning the registration and correction of information entered in the National Register of Companies (RNE).
Failure to provide a statement of natural and technological risks does not result in termination of the commercial lease The fact that a lessor fails to provide a statement of natural and technological risks that is less than 6 months old is not sufficient reason to terminate the lease....
Local business taxation mapped city by city The Direction générale des Finances publiques (DGFIP) has launched a new tool presenting local business tax data in the form of dynamic maps.
An Urssaf inspection may be deemed irregular The Urssaf can have a tax reassessment annulled by a judge if certain procedures are not rigorously respected, as recently happened to a company.
Generalized electronic invoicing: timetable unveiled The obligation for VAT-registered businesses to use electronic invoicing will apply from 2026.
Electronic invoicing: how to get started? Now that the timetable for the widespread introduction of electronic invoicing has recently been unveiled, companies may find it difficult to navigate their way through the software available on the market...
The European VIDA Directive and its impact on e-commerce In December 2022, the European Commission presented a draft directive called VIDA (Directive on VAT in the Digital Age), which has since been approved by the...
Guichet unique: no more paper forms Companies can no longer submit paper forms to the registries, except in the case of certain exceptional formalities.
Help! helps self-employed workers in difficulty The French social security organizations have joined forces to offer "Help!", a special service for self-employed workers in difficulty.
The right to protection of personal data is not absolute The right to protection of personal data is not absolute, says the French Supreme Court in a recent ruling. Let's decipher this decision.
Wrong VAT rate: what consequences for the craftsman? Companies are responsible for collecting VAT on behalf of the government. In the event of an error in calculating the rate, it is not possible to claim a supplement from the customer.
Banks and artificial intelligence together against fraud Faced with new threats, banks are adapting and making massive use of artificial intelligence tools.
Ma TPE gagne avec le numérique" training course, registration deadline October 22 The Île-de-France DRIEETS and France Num are offering a free training course for VSE managers, entitled "Ma TPE gagne avec le numérique" ("My VSE wins with digital").
Two more years for Mission France Recouvrement On September 12, a decree was issued to extend Mission France Recouvrement until the end of 2025, thus offering two more years for its...
Italy, a pioneer in electronic invoicing Italy is a pioneer in electronic invoicing. Today, almost 8 out of 10 companies use electronic invoicing.
E-invoicing reform postponed by a year Already in place since 2020 in the public sector, the dematerialization of invoices issued in France between companies subject to VAT has finally been postponed.
A company is liable if its legal representative commits an offence. In order for a company to be held criminally liable, the offence must have been committed by its legal representative on behalf of the company.
Sale of shares: partners, even minority shareholders, are jointly and severally liable to the purchaser In the event of a sale of shares, all associates are jointly and severally liable to the purchaser.
Payment delays lengthen for very small businesses In the first half of 2023, very small businesses are facing longer payment delays, as revealed by a study published in September.
The French government uses dormant bank accounts to increase funding for associations The French government has announced its intention to increase funding for small associations by almost 20 million euros by tapping into inactive bank accounts.
France Num barometer: VSEs and SMEs reassess their confidence in digital transformation As it does every year, France Num has published the results of its barometer, the aim of which is to present changes in the digital perceptions and uses of...
What is the notice period for terminating an established business relationship? Producers, distributors and service providers who abruptly terminate an established commercial relationship without offering their partners sufficient notice are liable.
Reindustrialization boosts construction sector Penalized by the crisis in housing construction, the building sector is benefiting from France's industrial development.
Despite obstacles, business relocations on the rise in France Business relocations are set to rise sharply in France in 2023, with many SMEs and ETIs deciding to completely overhaul their business model.
The "Osez l'export" (Dare to export) plan to support French companies in their quest for international success The French government has unveiled a brand new plan to support French companies in their quest for international success.
The Conseil d'Etat clarifies the notion of commercial aid deductible from taxable profit Aid granted to a company by another company is not in principle deductible from its taxable profit, unless it is of a commercial nature.
Micro-entrepreneurs: option to opt for lump-sum payment until September 30 Active micro-entrepreneurs have until September 30, 2023 to opt for the lump-sum payment at source.
Commercial premises: work prescribed by the authorities is the responsibility of the lessor A landlord who receives a notice from the authorities requiring him to carry out restoration work on his commercial premises cannot require his tenant to do the work....
Tax authorities have the right to check the existence and amount of tax loss carryforwards from statute-barred years. The tax authorities have the right to verify the existence and amount of losses carried forward from previous tax years for which the statute of limitations has expired.
Small communications agencies: malfunctions observed in local authority tenders Local authorities issue invitations to tender that pose challenges for small communications agencies, placing them in tricky situations.
Withholding tax for the self-employed in 2024: when and how to opt for quarterly instalments? Self-employed workers, to benefit from quarterly withholding tax, you need to opt for this system by the deadline.
Tax integrated group: the information letter sent to the parent company does not require hierarchical approval The Conseil d'Etat recently ruled on two obligations incumbent on the tax authorities when a member of a fiscally integrated group is subject to an accounting audit.
VAT group: opt in before October 31 to benefit from its advantages Since January 1, a new VAT tax regime has been in force: the VAT group. What does it involve? Which companies are concerned?
A company's inaction may constitute opposition to a tax audit In a decision handed down on June 9, 2022, the Nancy administrative court of appeal ruled that a company's inaction could lead to opposition to a tax audit, which...
Recovery of social security contributions from the personal assets of sole traders A decree issued on July 17 sets the thresholds applicable to the recovery of social security contributions from an entrepreneur's personal assets.
Labour market: employers back in control of employees Business owners are finding it less difficult to hire staff this year. This should have an impact on wage negotiations.
Allocation of the balance of the taxe d'apprentissage possible since August 28 The balance of the taxe d'apprentissage (apprenticeship tax) can now be allocated to the relevant establishments and training courses via the SOLTéA platform.
Electronic invoicing postponed The Ministry of the Economy has announced the postponement of the generalization of electronic invoicing, an obligation that was due to come into force on July 1, 2024.
Risks in the workplace: focus on the "Captage fumées de diesel" prevention subsidy To protect the health of their employees, certain companies can benefit from the "Captage fumées de diesel" prevention subsidy.
AI use on the rise in companies with over 10 employees A survey conducted by Pôle emploi shows that over a third of establishments with 10 or more employees are using Artificial Intelligence (AI).
Insufficient shareholders' equity: new rules apply The decree of July 25, 2023 sets out new rules to be applied when a company's shareholders' equity falls below half of its share capital.
Over 80% of companies still in business after 3 years A recent INSEE study shows that financial and insurance companies have a higher survival rate than sole proprietorships.
The "Créer sa Réussite" program renewed The French Ministry of Labor, Employment and Integration has decided to renew the "Créer sa Réussite" program launched by BGE in October 2021.
Principal residence and judicial liquidation: the burden of proof lies with the entrepreneur In a recent ruling, the French Supreme Court (Cour de cassation) specifies that in order to oppose the compulsory sale of a property, the entrepreneur must provide proof that it is his...
Launch of the Mon Accompagnateur Rénov' platform 2023 sees the launch of the Mon Accompagnateur Rénov' accreditation application platform, which has been extended to private players since July 3.
3006, a toll-free number for business start-ups The Chambers of Trades and Crafts now offer a toll-free number, 3006, to answer questions from craftspeople.
Business climate remains stable in France in July The business climate remained relatively stable in July, according to INSEE.
Banque de France tests its climate indicator with companies This year, several hundred companies are testing a climate indicator proposed by the Banque de France.
Unannounced tax inspections: procedures and consequences If tax officials turn up at a company's door without warning, it's probably an unannounced tax audit.
When to file a declaration of confidentiality for annual financial statements? A company can opt to keep its annual financial statements confidential, so that they are not made public, in whole or in part.
Tax relief: how is interest on arrears calculated? When the tax authorities are obliged to reimburse a taxpayer for a tax rebate, interest on arrears is charged.
Tax reassessment of an SME: what is the deadline for responding in the event of a dispute? Following an audit of a company's accounts, the tax authorities may apply a tax reassessment procedure.
Omissions on invoices: beware of penalties In the event of an omission or error on an invoice, the professional incurs a flat-rate tax fine of 15 euros.
No more paper till receipts from August 1 Initially scheduled for January 1, then April 1, the end of automatic receipt printing will finally take effect on August 1.
IA Booster France 2030: supporting the adoption of AI by SMEs and ETIs The IA Booster France 2030 program aims to support SMEs and ETIs in implementing AI solutions to enrich their offerings and modernize...
Variation in commercial lease rents frozen at 3.5% year-on-year While inflation remains high, the 3.5% rent increase freeze for households and SMEs has been extended...
France Num, a program to support the digital transformation of businesses France Num is an online platform designed to support small and medium-sized French businesses in their digital transformation.
New rules for meat origin on takeaways from October 1 The country of origin of beef, pork, poultry and lamb will be compulsory for takeaway restaurants.
Essential aid for damaged businesses Following the damage and looting of several businesses, the government has announced a number of support measures.
Challenges and benefits for businesses with the end of the copper network The copper network, which provides telephone, Internet and TV services, is gradually being phased out and replaced by fiber optics.
Electronic invoicing: equip yourself to stay competitive Get ready now for electronic invoicing, which will be mandatory by 2024-2026, depending on the size of your company. Think about your IT equipment.
Declining access to credit for VSEs: SDI proposes 3 solutions to reverse the situation Households are not the only ones having difficulty financing their projects. The bank credit acceptance rate for very small businesses has been falling since last year.
Obligation to transmit transaction data: which companies are affected? From July 2024 to January 2026, all companies established in France will have to progressively adopt the receipt and issue of electronic invoices, as well as the obligation to...
Payment terms for SMEs continue to fall The latest report from the Observatoire des délais de paiement shows that, in 2022, payment times have started to fall again, despite supply tensions and the return of...
From paper filing to expert mode: a new era for annual accounts With the aim of simplifying the filing of annual accounts on the one-stop shop, INPI has introduced an "expert mode" since April 27.
Tax support service for SMEs extended to 36 new départements The General Directorate of Public Finances recently announced the extension of the tax support service for small and medium-sized businesses to 36 new départements.
Which companies are affected by the transmission of payment data? The future obligation for companies to receive and issue electronic invoices will be accompanied, from 2024, by the obligation to also transmit their payment data on all electronic...
One-stop shop ready to serve businesses from June 30 The long-awaited one-stop shop will be officially launched on June 30, following the government's announcement.
Heavily indebted companies: higher capital requirements for banks Banks will have to redo their calculations when lending to highly indebted companies.
Canvassing: uninformed customers do not have to pay for services provided Consumers do not have to pay for services if they have not been informed of their right of withdrawal.
Unjustified retention of a partner in an SCP: damages are not tax-deductible Expenses incurred by a partner in an SCP to retain his shares in the partnership when he has ceased his professional activity cannot be deducted from his...
Requalifying a rental contract as a commercial lease: what is the limitation period? In a recent decision, the French Supreme Court (Cour de cassation) ruled on the starting point of the limitation period for an action to requalify a rental contract as a commercial...
Cash flow difficulties for very small businesses Against a backdrop of high inflation, the cash position of very small businesses continues to deteriorate. Nevertheless, managers remain optimistic.
Polygraphe, a tool to identify false online reviews Developed by the DGCCRF, Polygraphe aims to combat false reviews on online consumer platforms.
Corporation tax: next payment due on June 15 Companies subject to corporation tax (IS) have until June 15 to make their quarterly advance payments.
How will I receive invoices from my suppliers from July 1, 2024? Get ready for the change from July 1, 2024: all businesses, without exception, will have to receive electronic invoices from their suppliers in order to combat...
2 procedures for securing electronic invoices A decree issued on May 16 specifies the procedures for securing invoices sent electronically.
A major reform for the craft industry: new Code to come into force in July On March 28, the French President signed the decree establishing the legislative part of the Code de l'Artisanat.
Mergers & Acquisitions: SME purchase prices on the decline Against a backdrop of inflation and rising interest rates, the price of SMEs in the eurozone has fallen sharply.
Customer-oriented accounting Accounting is constantly adapting to changing times. Not only does it have to modernize, but there's an emerging trend to take into account the needs of...
CSRD: a mandatory CSR approach for SMEs from 2024 onwards The European CSRD directive will soon oblige more companies to provide extra-financial sustainability reporting, progressively from January 1, 2024.
Exemption from payroll tax: clarifications from the Conseil d'État In a recent ruling, the French Conseil d'Etat (the highest administrative court in France) clarifies the conditions required for exemption from payroll tax.
VSE/SMEs remain concerned about repayment of their EMPs Despite the easing of repayment conditions for state-guaranteed loans, business leaders fear they may find themselves in financial difficulty.
When does the warranty against hidden defects apply? To benefit from the warranty against hidden defects, the buyer must inform the seller of the use he intends to make of the item purchased.
Import/export: towards a single EORI SIREN number Companies carrying out import/export operations must have an EORI number. Since April 5, 2023, this unique Community number can be based on the SIREN.
Damage caused by an equipment rental company on a worksite: who is liable? The contractual liability of a construction company cannot be engaged when the damage is caused by the company to which it has rented equipment.
The "guichet d'aide au paiement des factures de gaz et d'électricité de mars et avril" is open until August 31. The "guichet d'aide au paiement des factures d'énergie" for the submission of applications for the months of March and April is now open.
Bank financing for SMEs slows down According to the banks, SMEs will use less and less bank financing in 2023.
Tax audit: when to contact the departmental contact? In the event of difficulty during and/or after a tax audit, the taxpayer can contact the auditor's line manager and the departmental contact.
Conditions of validity for subletting commercial premises When a commercial lease has been sublet without the lessor's consent, the lessor cannot sue the subtenant.
CFE and CVAE: 2 instalments due by June 15 at the latest Companies now have just a few weeks to pay their CFE and CVAE online.
What's new on the bodacc website? In 2022, the bodacc (Bulletin des annonces civiles et commerciales) surveyed users to find out what they thought of the website. The results were...
Building: ways to contain the rise in construction prices Construction prices remain high, mainly due to inflation in materials prices.
Electricity buffer and tariff shield: submission of eligibility certificate postponed Businesses eligible for the electricity buffer or the tariff shield have until June 30, 2023 to send their supplier a certificate of eligibility for one of these two...
Office design for greater productivity at work Business leaders have every interest in designing comfortable, functional workspaces to attract new recruits and retain staff.
Simplified rules for the liberal professions: a major reform for their attractiveness The reform of SELs (sociétés d'exercice libéral) aims to simplify the rules applicable to the liberal professions and make them more attractive.
The new Urssaf inspection procedure An April 12 decree modifies and improves the Urssaf inspection procedure. Here's what you need to know.
Door-to-door sales contracts: the burden of proof lies with the seller In the event of disagreement over the provision of contractual information in the context of an off-premises sale, the professional seller must prove that he has complied with his obligations...
Construction companies: how to stand out from the competition in 2023? Construction companies have a bright future ahead of them, but they need to know how to make the most of it and attract customers.
French Tech 2030: a program to get 100 strategic startups off the ground A new acceleration program called French Tech 2030 has been launched to make France the new technological champion of tomorrow.
Deployment of electronic invoicing: sign up for the pilot phase to test the system As part of the general roll-out of electronic invoicing, the French administration is launching a pilot phase and a call for applications to test the system between January and June...
"Baisse les Watts" helps very small businesses reduce their energy bills for free Launched in November 2022, the "Baisse les Watts" program aims to support VSE/SMEs in controlling their energy consumption.
GDP growth forecasts revised upwards In its latest monthly survey, the Banque de France forecasts French GDP growth of 0.2% in Q1 2023.
Dark stores are warehouses according to the Conseil d'État In a recent decision, the French Conseil d'Etat has qualified dark stores as warehouses within the meaning of the town planning code and the Paris local town planning scheme.
Acts or deliberations of a shareholders' meeting contrary to the articles of association of an SAS may be annulled Extra-statutory deeds that do not comply with SAS bylaws may be annulled.
Temporary goodwill depreciation scheme The Finance Act 2022 introduced a temporary measure aimed at stimulating the economy after the Covid crisis, which allows tax deductions for the depreciation of goodwill...
What level of information should be given to companies during a tax audit of computerized accounting systems? The Conseil d'Etat has issued new clarifications concerning the level of information to be given to a company in the event of a tax audit of computerized accounting.
MLP regulations to change in 2024 From September 1, 2024, the rules governing changes of legal form for sociétés civiles professionnelles will change for the sake of greater clarity.
Small businesses: streamlined accounting obligations Whatever their legal form, small businesses must comply with certain accounting rules.
Capital losses: a more flexible adjustment procedure The adjustment procedure applicable to companies whose shareholders' equity has fallen below half their share capital has recently been made more flexible.
How to find a business premises close to home? There are many advantages to finding a business premises close to home that is suited to your needs. Here are a few tips to help you do just that...
In the event of cessation of activity, the collective bargaining agreement does not apply According to the Conseil d'Etat, a collective bargaining agreement cannot be concluded in a context of economic difficulties for the company, or in other situations listed in the French Employment Code....
How to prepare for the 2023 financial year-end? Most companies close their accounts on December 31. From January through to the deadline for filing the 2023 tax return (May 18 for...
Schemes to help very small businesses pay their energy bills 2023 Since the war in Ukraine and the ensuing sharp rise in gas and electricity prices, very small businesses have been able to benefit from a number of...
Launch of a scheme to help businesses set up in rural communities The Direction Générale des Entreprises (DGE) and the Agence Nationale de la Cohésion des Territoires (ANCT) are launching a scheme to support the installation of shops in rural communities.
Specificities and taboos of B2B sales BtoB sales have a number of characteristics that distinguish them from BtoC sales. One of these is that the end-user of the product or service is not directly the customer...
Company car tax: what to expect in 2023? Company car tax (TVS) is now split in two. Its calculation is based on daily rather than quarterly use.
The return of the tax credit for energy renovation work by SMEs The Finance Act for 2023 has reinstated the tax credit for energy renovation expenditure on buildings incurred by VSEs/SMEs in 2023-2024.
Unpaid invoices: what is the time limit for taking legal action against a consumer? The law is particularly protective of consumers in the event of an unpaid bill to a professional.
Cyber attack on a company: compensation conditional on filing a complaint With hacking and malicious acts on the increase in recent years, the cyber insurance framework is evolving.
How can I develop my company's CSR? Corporate Social Responsibility (CSR) is more than ever at the heart of the news. Those who neglect or ignore it have much to gain.
A joint and several business lease for micro-businesses An ordinance dated February 8, 2023 has just introduced a joint and several real business lease for micro-entrepreneurs.
How to account for expense claims An expense report is a document that covers all expenses incurred by a member of staff in the course of his or her work, using his or her own funds....
The time has come for companies to file their 2023 tax returns What do the various returns entail, and what are the deadlines beyond which companies risk penalties?
Electronic invoicing: the scope of e-reporting of transaction data E-reporting involves transmitting certain billing and payment data to the tax authorities.
Co-management of a SARL: the individual liability of a co-manager may be engaged The fact that a SARL is managed by several people does not mean that only one of the managers can be held individually liable.
Don't underestimate cash flow when starting up a business How much cash do you need to set up your business, and for what purposes? Although every structure and every business sector is different, the need for cash...
Purchasing pooling on the rise in the corporate sector Faced with rising prices, more and more companies are turning to pooled purchasing.
Electronic invoicing: the first steps to follow From July 1, 2024, all businesses will have to accept electronic invoices. Electronic invoices will be issued progressively between 2024 and 2026.
Is your company concerned by the obligation to issue electronic invoices? From July 1, 2024, certain companies will have to comply with a new obligation: issue electronic invoices for all their commercial transactions.
Overseas SMEs have been facing difficulties for the past 2 years Overseas SMEs are suffering from their remoteness, and have seen their cash flow impacted by various crises since the end of 2020.
How long does it take to open a micro-business? Anyone wishing to set up their own business must first choose their status. The simplest, quickest and least costly way to set up a business...
How the war in Ukraine transformed the European energy market Since the start of the Russian-Ukrainian war a year ago, the European energy market has undergone major upheavals.
Why should an association apply for a SIRET number? Registration in the SIRENE register is not compulsory for associations. However, it is highly recommended.
Partial reopening of Infogreffe until June 30 for certain administrative procedures The Infogreffe portal has been partially reactivated following major malfunctions at the one-stop shop for company formalities.
Electronic invoicing mandatory from 2024 On January 1, 2020, companies became obliged to issue electronic invoices. It is set to become more widespread according to a precise timetable.
Business insolvencies at their highest since 2015 In one year, bankruptcies have risen by over 16% in the European Union.
Obligation for micro-entrepreneurs to open a bank account By law, all businesses must open a business bank account when they are set up, with the exception of micro-enterprises, which are exempt. However, micro-businesses have an interest in...
Successful cyberattacks on businesses on the decline in 2022 The CESIN 2023 Barometer shows a decline in the number of successful cyberattacks, which now affect fewer than one in two businesses.
Construction: production costs stabilize at a high level Despite some stabilization, production costs remain high in the construction industry, and are set to remain so in 2023.
Decline in the number of RGE-certified building firms At a time when the energy renovation market is taking off, the number of RGE-qualified companies and craftsmen is falling.
Practical guide to the 2022 research tax credit published The French Ministry of Higher Education and Research has just published a guide to the 2022 research tax credit on its website.
Business start-ups: the year 2022 in review While the number of business start-ups had already reached an all-time high in 2021, a new record was set in 2022.
Construction: buoyant activity for equipment manufacturers in 2022 The French construction equipment and materials sector has forecast an increase in activity in 2022, both in terms of value and volume.
Alternatives to the annual corporate budget Companies are trying to adapt to fast-changing markets by using alternative methods to the traditional annual budget.
VAT and the financing of public services: a reminder from the Cour des Comptes (French Audit Office) In a report, the Conseil des prélèvements obligatoires, part of the Cour des Comptes, reminds us of the objective of VAT yield.
Electricity: MWh price capped at 280 euros in 2023 for very small businesses At a time when rising energy prices are having an impact on many businesses, the price of a megawatt-hour (MWh) has been capped at 280 euros this year for very small...
Unpaid invoices: beware of tax deductions for doubtful debts Tax deductions are possible in the case of doubtful debts, but beware: they may be challenged by the tax authorities.
Clarification from the French tax authorities on VAT liability for payments on account for the supply of goods Since January 1, VAT has been payable on advance payments for the supply of goods.
EMP repayment can be spread over 10 years Bruno Le Maire recently confirmed that companies that have taken out a state-guaranteed loan will be able to spread repayment over 10 years.
Setting up a profit-sharing scheme through a unilateral decision within the company The aim of profit-sharing is to involve employees in the success and smooth running of the company. It is optional and involves the payment of bonuses.
New tax measures for businesses in 2023 The Finance Act for 2023 includes new measures for businesses. Here's the lowdown.
Micro-entrepreneurs: how to obtain payment for unpaid invoices? Late payment, underpayment, refusal to pay... micro-entrepreneurs are not immune to unpaid invoices.
Business-to-business payment terms down since the end of the Covid crisis Business-to-business payment terms created a great deal of tension during the Covid-19 crisis. However, payment times now seem to have returned to normal.
Urssaf helps companies cope with rising energy prices Faced with the difficulties encountered by small and medium-sized businesses due to rising gas and electricity prices, Urssaf is offering assistance by granting...
RNE, the new platform for company registration since January 1 The National Business Register has become the single register for French companies. From now on, this organization will centralize all information concerning structures operating on the French market...
CFEs replaced by the one-stop shop for business formalities As of January 1, 2023, all business start-up, modification and cessation formalities must be carried out online via the one-stop shop for business formalities (guichet unique des formalités...
Penalties for anti-money laundering breaches to rise in 2022 The fight against money laundering and terrorist financing continues, with a sharp increase in sanctions in 2022.
Inflation also affects the consumer credit market The health crisis, the war in Ukraine and the ensuing rise in prices have had a significant impact on consumer credit.
Business formalities: one-stop-shop back-up procedure in the event of malfunctioning A decree dated December 28 sets out the terms and conditions of the emergency procedure applicable in the event of "serious operating difficulties" at the one-stop shop.
Mortgages: monthly usury rates from February 1 The French Ministry of the Economy has approved the monthly adjustment of the usury rate, which has until now been revised quarterly. This is a temporary measure to adapt to rising interest rates...
Plan to help VSEs and SMEs emerge from the crisis extended To help businesses cope with inflation, the government has decided to extend the business support plan introduced in June 2021.
PGE: less than 100 billion euros to be repaid by companies Of the 144 billion euros of PGE granted since the beginning of the health crisis, 98 billion euros remain to be repaid by companies.
Threat of power cuts and gas shortages recedes In France, the threat of power cuts and gas shortages seems to be receding for the end of winter, according to RTE and GRTgaz.
New measures for self-employed work stoppages in 2023 The Social Security Financing Act for 2023 includes several derogatory measures concerning work stoppages for self-employed workers most affected by the crisis...
Self-employed: what daily benefits are available for sick leave? The daily allowance system for self-employed workers is subject to strict rules.
Eurozone: growth forecasts revised upwards Economists are beginning to revise their growth forecasts for the eurozone upwards, allaying fears of recession.
TVS replaced by tax on CO2 emissions and tax on emissions of atmospheric pollutants In 2023, the tax on company vehicles will be abolished and replaced by two new taxes to be paid in January.
Annual accounts: now filed via the one-stop shop As of January 1, companies required to file their annual financial statements must now do so via the "guichet électronique des formalités des entreprises".
Urssaf inspection: a 3-month limit for companies with fewer than 20 employees On January 1, the measure limiting the duration of Urssaf inspections to 3 months for companies with fewer than 20 employees was made permanent.
Insurance: virtually no ESG products for companies French insurers offer very few ESG (Environment, Social and Governance) products for companies.
Generalized carbon accounting to measure the impact of goods and services Generalized carbon accounting would make it possible to know precisely the carbon footprint of each of the goods and services marketed by companies.
Banks optimistic about resilient VSE/SME activity Reassured by the resilience of their businesses, banks show a certain optimism despite the fears of VSEs and SMEs for 2023.
Business formalities: the one-stop shop causes concern Since the beginning of the year, all procedures and formalities for setting up, modifying or cancelling a business have been carried out via a one-stop shop.
Self-employed workers: lower social security contributions A decree published in December by the government reduces the sickness and maternity contributions of certain self-employed workers.
Purchasing managers, essential links in the midst of the supply crisis In a context marked by inflation, shortages and the energy crisis, buyers play a crucial role for companies.
The government wants to encourage VSEs and SMEs to share in the value created within the company. The various value-sharing schemes are struggling to win over very small businesses. The government intends to convince them.
What can we expect for small businesses in 2023? Faced with pressure on wages, rising energy costs and a shortage of manpower, very small businesses are likely to be penalized in 2023.
Slight rise in bank charges in 2023 The rise in bank charges should remain moderate this year, according to the annual survey by the CLCV association.
Business power cuts: is the loss of perishable goods covered by insurers? In the event of a power cut, the loss of perishable foodstuffs suffered by businesses is not systematically covered by insurance.
Denmark experiences its 1st year without a bank robbery With cash accounting for an increasingly small proportion of transactions in Denmark, bank robbers are turning away from banks.
European gas: wholesale prices 5 times lower than in August For several weeks now, European wholesale gas prices have been falling, thanks to high inventory levels and falling demand.
French inflation slows to 5.9% in December Inflation slowed slightly in France last month, coming in at 5.9% year-on-year, compared with 6.2% in November.
Businesses face higher penalties for late payment of invoices The ECB has raised its interest rates, which should lead to an increase in the penalties due by a company for late payment of its invoice.
The French want to keep the euro A majority of French people are attached to the euro, whereas 10 years ago almost a third preferred to return to the franc.
Corporate profit margins eroded by inflation Corporate profit margins are down slightly on 2021, when they reached 34% of value added.
SG, the new bank born of the merger between Crédit du Nord and Société Générale Launched at the end of 2020, the project to merge the Société Générale and Crédit du Nord networks has now been legally formalized.
Business start-ups: the symbolic milestone of one million registrations will be passed in 2022 In 11 months, 980,000 businesses have been created in France. The million mark should be reached this year.
Dollar: markets worried about a crash in 2023 While 2022 was an exceptional year for the dollar, the world's leading currency is set for trouble in 2023.
European banks face a high cyber threat The digitization of banks, the outsourcing of services and data, and certain security flaws explain the level of cyber risk.
Insurance rates: contained rises in 2023, sharp increases in 2024 While the rise in insurance rates should be contained in 2023, industry players could revise their prices upwards in 2024.
Cash payments decline in favor of bankcards The Covid-19 pandemic has contributed to an accelerated decline in cash, as shown by a recent survey by the European Central Bank.
From January 1, 2023, businesses, local authorities and associations will benefit from the electricity price buffer. In response to the explosion in energy prices, Bercy has announced the roll-out of the electricity buffer for consumers with business contracts.
Commodity prices set to soar again in 2023 After a slight dip at the end of 2020, commodity prices are set to soar again in 2023, according to analysts at Goldman Sachs.
The World Bank lowers its growth forecasts for the Chinese economy The World Bank has lowered its growth forecasts for China in 2022 and 2023 due to "significant risks" associated with the...
Points to bear in mind for HR professionals in 2023 The role of human resources managers is constantly evolving to adapt to new trends. Let's take a look at what's in store for them in 2023.
Power cuts: insurers won't always compensate businesses The power cuts announced for this winter raise the question of compensation for businesses by their insurers.
ING to close its last retail customer accounts Following its decision to withdraw from the French market, ING will soon be definitively closing the last accounts of its retail customers.
SMEs help local authorities cut their electricity bills Like the French, local authorities have been hard hit by rising electricity prices.
Invoicing: electronic invoicing, a revolution Initially perceived as an additional constraint by companies, the reform of electronic invoicing may turn out to be a good opportunity to modernize your business...
Building and civil engineering: solutions for zero-emission worksites? The construction and public works sector emits large quantities of greenhouse gases, and solutions for achieving carbon neutrality are costly.
Excessive insurance fees: ACPR warns professionals The Autorité de contrôle prudentiel et de résolution has called on insurers to be more transparent about the fees they charge.
Associations report worsening household finances Inflation and the energy crisis are making households more vulnerable, and more and more of them are turning to food aid.
Social security contributions: option for quarterly payment possible until December 31 Companies wishing to opt for quarterly payment of their social security contributions must inform their Urssaf or MSA office before December 31.
Bank credit up again for businesses Outstanding loans to businesses rose by 8.6% year-on-year, a trend that was even more marked for large companies.
Terms and conditions for the implementation of power cuts in businesses The government has unveiled the conditions for implementing the power cuts that businesses may have to contend with.
Associations: it is now compulsory to declare donations received Non-profit organizations are now required to declare donations received and tax receipts issued.
Building and civil engineering professionals: compulsory ten-year civil liability insurance is very important The Spinetta law requires all building professionals to take out ten-year civil liability insurance. What does it actually cover?
VSEs and SMEs need to speed up e-invoicing rollout The new e-invoicing reform will be phased in between July 1, 2024 and January 1, 2026.
Thermal renovation of housing: craftsmen want administrative simplification The red tape involved in obtaining the RGE label is holding back the deployment of thermal renovation work.
Filing a tax claim possible until December 31 It is possible for a company to contest a tax claim by submitting a request to the tax department. This is known as a contentious claim.
Gas shortages: Europe will have to cope in the coming years While the risk of a gas shortage seems to have been averted for this winter, the coming years look very uncertain for European countries.
Supply of goods : VAT payable on advance payments from 2023 On January 1, VAT liability for the supply of goods will change slightly.
Business gifts 2022: what taxation applies? Business gifts are commonplace, especially in the run-up to the festive season. The tax treatment of these expenses is strictly regulated.
Apply to SIE for a 2022 CET rebate Subject to certain conditions, you may be eligible for a rebate on the territorial economic contribution for 2022.
Closing the books: how to avoid an anxiety-inducing period? For most companies, the festive season is also the end of their financial year. This is often a time of...
Businesses concerned about the risk of power cuts With January shaping up to be a complex month in terms of electricity supply, businesses are trying to prepare for the risk of load shedding.
Which banking professions have been boosted by the crisis? The energy crisis, the war in Ukraine and inflation are creating new needs among bank customers, and boosting certain business lines.
PGE Résilience could be extended by a year The state-guaranteed Resilience loan, designed to help businesses impacted by the war in Ukraine, could be extended until December 31, 2023.
ECB raises capital requirements for certain banks The European Central Bank notes that several lenders have failed to comply with its advice to reduce their exposure to leveraged loans.
Anytime announces partnership with PRO BTP, leading construction insurer Anytime, a subsidiary of Orange Bank, and PRO BTP, a leading insurer in the building and civil engineering sector, announce their distribution partnership with a view to strengthening their offer dedicated to building and civil engineering craftsmen.
Central bank communication in support of monetary policy In recent years, central banks' communications strategy has evolved considerably, particularly with regard to the general public.
Asian stock markets destabilized by protests in China After a weekend of demonstrations against the Chinese government's zero Covid policy, Asian stock markets are down.
How to prepare for the 2022 financial year-end? December 31 is generally chosen as the closing date for the financial year, as it corresponds to the end of the calendar year.
Recruiting difficulties: an obstacle to business competitiveness According to the latest Syntec Conseil barometer of French competitiveness, companies are very concerned about recruitment difficulties.
Energy bills: a new one-stop shop for businesses Companies that do not benefit from the tariff shield can apply for state aid via a new one-stop shop.
Financial difficulties: the Banque de France answers 3414 The Banque de France's telephone information services have been centralized into a single national number, 3414.
Pan-European payment project EPI focuses on instant payments In March, the EPI project abandoned the card component, and is now focusing on instant payments and digital wallets.
Eurozone inflation nearing peak? While inflation seems to have peaked in the United States, what's the situation in the eurozone countries?
Changes to the conditions for obtaining the flat-rate deduction for professional expenses Certain professions can claim a "specific flat-rate deduction for professional expenses" of up to 30% of their remuneration.
Greenwashing: financial supervisors launch a call for evidence The European financial authorities (EBA, EIOPA and ESMA) have decided to launch a "call for evidence" dedicated to greenwashing until January 10, 2023.
United Kingdom: mortgage rates exceed 6%. Government announcements have caused panic in the UK mortgage market.
Cryptocurrency: banks profit from FTX bankruptcy Traditional banks, very cautious about crypto-currencies, see FTX's bankruptcy as yet another reason to be wary of them.
How to optimize cash flow with VAT credit? In principle, a company can deduct the VAT it has paid to its suppliers.
Results of a study on French banking behavior A study by the French Banking Federation has examined the banking behavior of the French and their perception of innovations.
2022 cotisation foncière des entreprises to be paid by December 15 Companies and sole proprietors must pay their cotisation foncière des entreprises by December 15 at the latest.
Explosive ATM robberies on the rise in Germany In Germany, banks are concerned about the sharp rise in the number of ATM explosions.
Fake business start-up training: Caisse des Dépôts tackles CPF fraud Since 2020, CPF fraud has claimed many victims. Caisse des Dépôts has launched a vast dereferencing operation.
A commercial lease can only be renewed with the tacit agreement of the tenant. The renewal of a commercial lease must be tacitly and unequivocally accepted by the tenant.
India, a reservoir of dynamic fintechs India is home to a large number of fast-growing fintechs, particularly in the instant payment sector.
Bitcoin scam: US financial watchdog files complaint According to the U.S. Securities and Exchange Commission, 4 people have embezzled nearly $300 million in Bitcoins.
The articles of association set the conditions for dismissal of an SAS director In a recent decision, the French Supreme Court (Cour de cassation) ruled that the terms and conditions for the dismissal of a SAS executive are set out in the company's bylaws.
60% of banknotes issued in France are held abroad A recent study by the Banque de France reveals that more than half of all banknotes issued in France circulate outside the country.
The dangers of split payments In the face of inflation, individuals are increasingly resorting to fractional payments, a practice that carries risks.
ATMs: banks speed up rationalization of their ATM fleets BNP Paribas, Crédit Mutuel and Société Générale, which announced the pooling of their ATMs a year ago, are putting their plan into action.
New acceleration in inflation threatens business activity Inflation is back on course, after slowing for 3 months. Estimated at 6.2% in October, it represents a threat to growth.
Employee savings: what are the advantages for managers? Company directors can benefit from attractive tax advantages when they use employee savings schemes.
What are the 4 new mandatory statements on invoices? A recent decree, which came into force on October 10, requires companies to include 4 new items of information on invoices.
Climat Finance Day: financial players urged to be more transparent The 8th annual climate finance meeting took place on October 27 at the Palais Brongniart in Paris.
French banks underline their climate protection efforts With Climate Finance Day just 48 hours away, the French Banking Federation is highlighting banks' commitment to the climate.
Financing: companies penalized by rising interest rates In its latest annual report, the French High Council for Financial Stability (HCSF) points to a tightening of financing conditions for businesses.
300 financial institutions call on companies to reduce their carbon footprint CDP is calling on the 1,000 most polluting companies to adopt serious carbon reduction targets.
Real estate market tense up All players in the sector have observed a rise in mortgage rates since the beginning of the year, which is not without consequences.
Companies faced with rising dollar and interest rates The rise in interest rates and the dollar have added to an already complex context for companies, with inflation and the energy crisis as the backdrop.
Mastercard launches crypto-currency buying and selling service US giant Mastercard intends to make crypto-currencies an everyday means of payment.
Clement weather and lower consumption: energy prices on the decline Lower consumption and mild temperatures across Europe are driving down gas and electricity prices.
Banks concerned about digital euro project The central bank's digital currency project aims to make life easier for Europeans. However, banks are not hiding their concerns.
Unions oppose the abolition of 1 and 2 cent coins Evoked for several years by the European Commission, the abolition of the 1 and 2 euro cent coins worries the CGT des Monnaies et Médailles.
General strike on Tuesday, October 18: what disruptions can be expected? On Tuesday October 18, a day of cross-industry mobilization will lead to disruptions in several sectors.
Italian bank Intesa Sanpaolo launches 4-day week Italy's leading bank is now offering certain employees the option of a 4-day week, i.e. 36 hours a week, with no loss of pay.
Bank charges: how will they change in 2022? In France, bank charges have remained stable overall this year, as shown by the latest report published on October 12 by the Observatoire des tarifs bancaires (OTB).
BNP Paribas acquires fintech Kantox BNP Paribas has announced the acquisition of fintech Kantox, which offers companies an automated foreign exchange risk management solution.
Business insolvencies up sharply in Q3 The number of business failures rose significantly in the 3rd quarter of 2022, according to a recent study published by Altares.
Digital Service Act regulations: what are the implications for VSEs and SMEs? The Digital Service Act regulation will impose new requirements on e-commerce platforms, with repercussions for VSEs and SMEs.
The usury rate weighs on consumer credit The usury rate is being criticized not only by mortgage professionals, but also by consumer credit specialists.
Fintech Bizao accelerates its expansion in Africa Founded in 2019, the French startup plans to pursue its development in Africa while continuing to design new products and services.
Online fraud: UK banks want tech giants to reimburse victims Nearly €550 million had to be paid out by banks to fraud victims between 2020 and 2021.
Towards an increase in home savings plan rates in 2023 The rate of return on home savings plans could rise in the coming months in the wake of high inflation in France over the past year.
Three banks pool their ATMs and cheque processing BNP Paribas, Crédit Mutuel and Société Générale have announced the pooling of their ATM and check processing networks.
Startups tackle energy-efficient building renovation In France, the building sector has a central role to play in achieving carbon neutrality by 2050.
French attitudes to cyber security A survey by the French Banking Federation reveals that the French are, on the whole, aware of cyber-risks.
Are VSEs and SMEs prepared for climate risks? Although VSEs and SMEs are aware of climate risks, they are ill-prepared for them, as a recent study reveals.
Livret A: no rate increase on November 1 despite high inflation There will be no boost for Livret A holders. At least not yet.
Banking: 3400 fewer jobs in 2021 despite dynamic hiring The banking sector has lost almost 3,400 jobs in 2021, or 1% of its workforce.
Companies facing difficulties in repaying their PGE Against a backdrop of rising energy prices and supply tensions, many companies are finding it difficult to repay their PGE.
Finance Watch warns of banks' exposure to fossil fuels According to a study by the NGO Finance Watch, the world's 60 largest banking groups hold 1,350 billion in fossil fuel assets.
Production taxes: VSEs and SMEs stand to gain the most from the abolition of the CVAE The abolition of the CVAE (contribution sur la valeur ajoutée des entreprises), scheduled for 2023 and 2024, will mainly benefit VSEs and SMEs.
Businesses: PGE Resilience extended to the end of the year Set up to support companies economically affected by the war in Ukraine, the new state-guaranteed loan (PGE) has been extended until December 31, 2022.
Very small businesses say they are ready to raise wages Recruitment difficulties are among the main obstacles currently facing very small businesses, according to the Bpifrance Le Lab and Rexecode barometer.
Electricity: RTE to return 1 billion euros to customers in 2023 At the beginning of 2023, the high-voltage line operator will redistribute more than 1 billion euros in surplus revenue to its customers.
Energy prices threaten household and business solvency Soaring energy prices are threatening the solvency of households and businesses alike, and increasing the risk of default.
NetZero, the startup that seduced the Tesla boss Elon Musk, the richest man on the planet, has been seduced by NetZero, a French start-up specializing in biochar production.
VAT group option available until October 31 at the latest The Finance Act for 2021 provides for the creation of a specific scheme known as "Groupe TVA" applicable from 2023.
Wall Street banks consider leaving Mark Carney's climate alliance Leading US banks fear legal action and threaten to leave the Glasgow Financial Alliance for Net Zero.
Turkey: MIR payment cards suspended by Isbank and Denizbank Following recent statements by the US Treasury, 2 of the 5 Turkish banks using Russian MIR bankcards have backed down.
Depositing cash in a tobacconist's shop now possible Brink's has just launched a solution for depositing cash into your bank account at a tobacconist's counter.
Cyber risk: central banks face an upsurge in cyber attacks Faced with an increase in ever more sophisticated cyber attacks, banks and fintechs have stepped up their cybersecurity.
Banks commit to capping fees by 2023 Banks have pledged not to increase their charges by more than 2%, announced the French Ministry of the Economy on September 13.
BPCE brings together Dalenys and Payplug to create a new payment player BPCE has announced the merger of its two payment subsidiaries, Dalenys and Payplug, to form a new entity under the Payplug brand.
NewSpace: French start-ups take on the space industry NewSpace start-ups from France are on the rise, taking advantage of the satellite boom to gain a foothold in the space industry.
Payment giants to better track gun sales A new merchant code will enable payment giants Visa, Mastercard and American Express to better track gun sales.
Repayment of state-guaranteed loans: VSEs in difficulty To cope with the economic shock caused by the Covid-19 crisis, the government set up an exceptional aid scheme in 2020: state-guaranteed loans...
Energy: Deutsche Bank supports the green transformation of SMEs Germany's largest bank has affirmed its commitment to accelerating the green transformation of businesses by launching a loan program for investments in energy efficiency...
Reclaim Finance launches website to compare banks' environmental impact The NGO Reclaim Finance has launched a website that lets you choose your bank according to environmental criteria.
How are companies anticipating soaring energy prices? Office managers and company directors are looking for ways to limit the rise in their energy bills this winter.
Starling Bank reviews its European expansion plans UK fintech Starling Bank has withdrawn its application for a European banking license, limiting its ability to expand outside the UK.
Banks take steps to reduce energy consumption With the threat of electricity shortages looming over Europe this winter, banks are implementing a series of measures.
B2B: fractional payments target the corporate market Fractional payment players, after focusing primarily on the consumer market, are now setting their sights on the corporate market.
Gas and electricity: assistance for energy-hungry businesses extended and expanded The scheme to help companies that consume large amounts of gas and electricity has been extended, announced the French Minister of the Economy and Finance on Tuesday September 6.
Energy and environmental transition: Bpifrance bets on Greentechs Greentechs, startups offering innovative solutions that improve users' environmental impact, are on the rise in France and Europe.
Strong growth in the factoring market After a sharp downturn in 2020, the factoring sector recorded a record level of activity in 2021, and 2022 looks just as promising.
Banking crisis in Lebanon: savers reclaim their money Faced with the informal banking restrictions imposed in Lebanon, many customers are trying to assert their rights through the courts.
Neobank Vybe placed in compulsory liquidation Vybe went into receivership on July 12. Its 40,000 customers will soon no longer have access to its services.
Regulated savings: Caisse des Dépôts called to order by the Court of Auditors In its report on regulated savings, the French Audit Office (Cour des Comptes) warns Caisse des Dépôts of the risks weighing on the savings fund.
Currency shortage: Crédit Agricole Val de France blames the Banque de France The Banque de France denies having been responsible for a "currency shortage", as indicated on a Crédit Agricole Val de France poster.
Participative financing: one more year to obtain new approval Participatory finance platforms will have one more year to obtain the new approval required by the European Commission.
ECB: towards a probable 75 basis point rate hike The likelihood of an ECB rate hike of 75 basis points as early as September 8 is growing.
Banks: back-to-school hot topics The back-to-school season promises to be a busy one for banks, who face a number of challenges in a turbulent environment.
Ethereum: from cryptocurrency to decentralized global server Ethereum is now the world's second most widely used blockchain after Bitcoin. What are its strengths and limitations?
Bercy calls on banks to curb interest rate rises The French Ministry of the Economy and Finance has asked banks to curb the rise in mortgage interest rates.
French banks hit by Italian political crisis Moody's has placed 14 major Italian banks, including two subsidiaries of French banks, on negative outlook.
What tax regime will apply to cryptocurrencies in 2023? The tax regime applying to cryptocurrencies varies according to the nature of the gains generated by these digital assets.
Rising interest rates: the European Central Bank sounds the alarm Faced with rising interest rates, the European Central Bank has placed 31 eurozone banks on high alert.
Cryptocurrencies, a still underdeveloped payment method While merchants are legally entitled to be paid in cryptocurrencies, this payment method remains rare. Why is this?
Neobanks: the promise of international payments 10 years ago, neobanks made free international payments one of their main arguments for attracting customers.
Real estate: the French take advantage of still favorable lending conditions The French are reacting to the tightening of borrowing conditions, and many are keen to take advantage of the still favorable environment.
Banks' dependence on cloud giants worries the BIS In a recent report, the Bank for International Settlements warns of banking institutions' dependence on cloud giants.
Consumer credit in full swing Since the beginning of the year, the French have turned to consumer credit on a massive scale.
Cessation of payments: when should it be declared? When a company is unable to pay its debts with its available assets, it is in a situation of cessation of payments or bankruptcy.
Stricter conditions for access to mortgages Lending rates have been on the rise for several months now, making it more difficult for low-income borrowers to obtain a mortgage.
Societe Generale: loss of 1.5 billion euros in Q2 The bank was affected by an exceptional charge for the sale of its Russian subsidiary Rosbank.
Financial products: "influencers" in the sights of the AMF and ARPP The Autorité des marchés financiers (AMF) and the Autorité de la régulation professionnelle de la publicité (ARPP) have announced a collaboration to monitor the financial communications of influencers.
PGE: the Cour des Comptes' mixed assessment The Cour des Comptes (French Audit Office) has issued a generally positive assessment of state-guaranteed loans, which have not been marketed since June 30.
Local businesses are hiring despite difficulties in finding workers Nearly 20% of local businesses hired at least one employee in the first half of 2022, according to the U2P employment barometer published by Les Echos.
Shortage of manpower: which sectors are most affected? Caregivers, pharmacists, carpenters, carers, blacksmiths... In France, more and more sectors are struggling to recruit.
Recruitment: 9 out of 10 VSEs/SMBs have difficulty finding the right candidate According to the Confédération des PME business survey, 9 out of 10 small businesses are having difficulty recruiting the right profiles.
Agricultural startups: launch of the 1st class of French Tech Agri20 The French Minister for the Digital Economy recently announced the launch of the 1st class of French Tech Agri20.
US banks strengthen their presence in Paris Forced to transfer their teams to continental Europe since the Brexit, US banks are strengthening their presence in Paris.
Professional equality index: what are the new obligations for companies? The professional equality index has recently been strengthened to force companies to be more transparent.
Livret A: another rate increase expected in February 2023 Given rising inflation and higher interbank rates, the Livret A rate is set to rise again in 2023.
Whatsapp use: $1 billion in fines for Wall Street banks Several banks will have to pay a total of $1 billion for failing to adequately control the use of certain communication channels.
Retailers closed during Covid-19 must pay rent In a decision handed down on June 30, the French Supreme Court (Cour de cassation) rejected the request of retailers wishing to circumvent their obligation to pay rent due to the...
The Livret d'Epargne Populaire to help boost purchasing power Still largely unknown, the Livret d'Epargne Populaire savings account is seen by the government as a tool to combat inflation.
Startups fall for revenue-based financing To optimize their cash flow, companies have a new alternative to traditional bank credit: revenue-based financing.
Barcelona: an attractive city for French entrepreneurs An increasing number of French start-ups are choosing to set up in Barcelona, a city that benefits from strategic positioning and reserves of skilled labor.
Neobanks: dedicated offers for teenagers A number of neobanks have entered the teen segment, offering a payment card and a current account that can be managed via a mobile application.
Credit risk, a source of concern for banks Faced with an uncertain economic climate and the threat of recession, banks will have to increase their provisions for the risk of non-payment.
BlackFin raises 350 million euros to invest in financial startups As the economic situation worsens, BlackFin has announced that it has raised 350 million euros for its new fund dedicated to finance and insurance startups.
Business insolvencies intensify in Q2 Since February, the upward trend in business insolvencies has accelerated. However, the level remains fairly low.
Companies confronted by the euro's fall against the dollar The euro has hit a 20-year low against the dollar. This fall represents an additional difficulty for companies.
French VSE/SME business resilient despite slowdown Despite an economic context weakened by inflation and the war in Ukraine, French VSE/SME business should hold up well in 2022.
Mortgages: borrowing conditions worsen Faced with rising interest rates and longer processing times, some households are seeing their borrowing conditions deteriorate.
Cryptocurrency: a risky investment for individuals The number of French people who have already bought cryptocurrencies has risen sharply in 2021. How can we explain this trend?
Biotechs multiply clinical trials Biotechs - young companies with annual sales of less than $500 million - are developing more and more products.
Automated carbon audits: a booming market More and more startups are entering the booming market for automated carbon audits for businesses.
Australia: neobanks face competition from traditional banks One after another, Australia's neobanks are winding down their operations. The latest is the Volt neobank.
Shopify launches payment solution in partnership with PayPal Shopify has announced the launch of Shopify Payments in France, a payment solution already deployed in 18 countries.
Fintechs need to develop new strategies Rising interest rates, economic uncertainty, inflation: fintechs are being forced to develop new strategies, just like banks.
Non-reimbursement of bank fraud: UFC-Que Choisir files a complaint The UFC-Que Choisir association has filed a complaint against 12 banks, accusing them of failing to reimburse customers who have fallen victim to fraud.
Banking incident charges fall for vulnerable customers The average annual bank charges for the most vulnerable customers fell by 17% in 2021, according to the latest report from the Banking Inclusion Observatory.
LBO loans pit the financial sector against the ECB LBO loans, or leveraged buyouts, have been under fire for months from the European Central Bank, which says they are too risky.
Inflation: banks must resume wage talks With inflation rising rapidly, banks have no choice but to resume pay talks as soon as possible.
VSE/SME: more flexible profit-sharing agreements The draft law on purchasing power contains new measures designed to facilitate the implementation of profit-sharing agreements in SMEs.
Customer data: banks try to catch up with Gafa Banks, long on the sidelines when it comes to customer data, are now beginning to exploit it to offer new services.
Companies: the growing use of freelance consultants Freelancing is on the up: companies are increasingly turning to independent consultants in their search for flexibility.
Financial authorities take aim at WhatsApp American and European financial authorities are keeping a close eye on the use of encrypted messaging in investment banking.
United States: SEC makes greenwashing a priority The U.S. securities regulator wants to increase the transparency of asset management companies with regard to their ESG funds.
Financial authorities denounce life insurance greenwashing The joint unit of the AMF and ACPR has denounced the practice of greenwashing in the life insurance sector, and would like to see it better regulated.
French companies gradually withdraw from Russia French companies are gradually winding down their operations in Russia, without deserting the country altogether.
Digital transformation: French SMEs lag behind According to a recent study by BCG and Medef, many French SMEs have not really begun their digital transformation.
From unicorn to centaur: European startups consolidate their position European startups are becoming increasingly important. There are several indicators to measure these transformations.
Fake passbook and cryptocurrency scams explode Financial authorities are warning of an explosion in financial product scams, particularly via cryptocurrencies and fake passbooks.
Climate: BoE forecasts bill of £209-334 billion The financial sector could see its annual profits cut by 10-15% by 2050, according to the Bank of England, following its first stress test on the...
Credit: the usury rate poses a problem for local authorities Some local authorities have recently had their loan applications rejected because of the usury rate set by the Banque de France.
Yen falls to lowest level against the dollar since 1998 The yen's sharp depreciation, in decline since March, is linked to a divergence in monetary policy between the Bank of Japan and the Fed.
State-supported Relance equity loans extended to 2023 A May 5 decree extends government-backed equity loans until December 31, 2023.
Shareholders' agreement: beware of the non-competition clause Whether or not a non-competition clause is included in a shareholders' agreement, it must meet certain conditions of validity. Here's how.
Deutsche Bank repatriates IT experts from Russia Deutsche Bank has offered to relocate some of its IT experts working in Russia to its new technology center in Berlin.
Fluctuating exchange rates: how to protect yourself? Daily fluctuations on the currency markets expose companies to foreign exchange risk.
Apple launches Apple Pay Later, a fractional payment solution The Cupertino-based firm has announced the launch of its fractional payment service, Apple Pay Later, enabling customers to pay for purchases in 4 instalments.
Sole proprietors: business assets separate from personal assets Since May 15, sole traders have been governed by a single status, and can no longer opt for the EIRL status.
Health crisis: what impact on French productivity and competitiveness? The 3rd report from the CNP (National Productivity Council) raises the question of whether the French economy has lost or gained in efficiency as a result of the...
UFC-Que Choisir denounces banking incident fees A press release published on Tuesday June 7 by the consumer association UFC-Que Choisir denounces the high level of charges for banking incidents.
Russia moves ever closer to default Unable to pay interest on its dollar-denominated debt due to US sanctions, Russia is close to default.
Finance and energy transition: the ECB warns of the risk of greenwashing In its Financial Stability Report, the European Central Bank warns that the risk of greenwashing remains a major concern.
Gas and electricity: assistance for high-consumption businesses As part of its economic and social resilience plan, the French government has announced the introduction of assistance for companies that consume large quantities of gas and electricity....
Fintech: investors are taking fewer risks Alerted by the uncertain economic climate, investors have been more cautious since the start of the year, and are turning away from fintechs.
5 markers of the transformation of the corporate debt market The corporate debt market is in a state of upheaval, driven by inflation, rising interest rates and the withdrawal of the ECB.
ECB looks forward to close collaboration with future AMLA anti-money laundering agency The European Central Bank intends to work closely with the future European anti-money laundering agency.
Businesses: hiring remains at a high level Despite the war in Ukraine and growth coming to a virtual standstill, companies continue to hire on a massive scale.
United Kingdom: colossal fraud involving government-backed loans State-guaranteed loans to British companies during the health crisis were the subject of massive fraud.
The rise of fractional payments for food shopping In some countries, fractional payment operators now offer the option of paying for groceries in several monthly instalments.
Corporate and household debt worries supervisors The Bank for International Settlements is concerned about corporate and household debt, seeing it as a threat to the financial system.
Russian companies: payment defaults on the increase As a result of the financial sanctions imposed by Europe and its allies, Russian companies are increasingly defaulting on their payments.
Towards a Livret A interest rate of 2% this summer? The Banque de France is due to recalculate the Livret A interest rate on July 15. In view of inflation, this could rise to 2%.
Société Générale finalizes the sale of its Russian subsidiary Société Générale Group has just finalized the sale of its Russian subsidiary Rosbank to Interros Capital, a Russian investment fund.
Mastercard aims to enhance the shopping experience with biometric payment Mastercard unveils its biometric payment program, enabling customers to pay by fingerprint or facial recognition.
NGOs accuse banks of signing a blank check to TotalEnergies Several environmental NGOs are denouncing a general loan granted by 12 banks, including 3 French banks, to TotalEnergies.
Bank transfer fraud: Crédit Agricole CIB partners with Trustpair Crédit Agricole's investment bank has partnered with fintech Trustpair to combat money transfer fraud.
LCL enters the instant mini-credit market LCL has entered the instant mini-credit market with a loan offer from 200 to 2000 euros, repayable in 3 months.
When tobacconists become bank branches After opening Nickel accounts and Loomis ATMs, tobacconists are now offering a new Brink's service.
PayPal now offers loans to French VSEs and SMEs PayPal is launching a Revenue-Based Financing offer in France, i.e. loans based on the sales generated by very small businesses on its platform.
Life insurance and PER management fees to be clearer from June 1 From June 1, 2022, bankers and insurers will have to make it easier to compare pension savings plans (PER) and life insurance policies.
The impact of the war in Ukraine on the ruble market Since the start of the war in Ukraine, the ruble market, now tightly controlled by the Russian government, has undergone a metamorphosis.
Mortgage rates: how banks argue against rising rates After years of low rates, banks need to find new arguments to convince their customers to invest in property.
VAT and e-commerce: what rules apply? VAT rules for e-commerce have changed since July 1, 2021. Here's what you need to know.
Digital currencies: countries speed up transition to counter cryptocurrencies The majority of central banks have decided to press ahead with the launch of their digital currencies to counter cryptocurrencies.
Corporate environmental data published on Impact.gouv.fr Impact.gouv is a platform designed to raise companies' awareness of their environmental, social and governance (ESG) performance.
Financial institutions threatened by global water crisis Water-related problems pose a threat to financial institutions, which underestimate the risks to which they are exposed.
In El Salvador, bitcoin convinces few users El Salvador was the first country in the world to adopt bitcoin as a legal tender. 9 months later, the crypto-currency is struggling to gain a foothold.
Meta suffers a setback with its payment offering in Brazil Meta, the parent company of WhatsApp, Facebook and Instagram, sees the launch of its payment service in Brazil delayed.
Brexit: many trade flows interrupted between the UK and the EU A new study published by the London School of Economics shows that many British SMEs have given up exporting to the European Union.
Apple Pay in the sights of the European Commission The European Commission believes that Apple is blocking competition by restricting access to iPhone NFC technology for Apple Pay.
Greenwashing: HSBC singled out by UK advertising regulator The UK's advertising regulator is about to call HSBC to order for greenwashing.
Banks maneuver to save Gefco Faced with the risk of sanctions, Gefco's banks have pulled out all the stops to ensure the sale of the stake held by Russian Railways.
Beijing fears US sanctions At an emergency meeting on April 22, Chinese regulators voiced their fears of sanctions similar to those imposed on Russia.
Raw materials: why prices will continue to rise In its latest annual report, the World Bank predicts that commodity prices will remain high until 2024.
Russian banker: European companies in trouble Manufacturers have taken out nearly $22 billion in credit with Russian lenders, according to Bloomberg.
China's "zero Covid" policy sends the yuan plummeting China's zero Covid policy and the confinement of 44 Chinese cities are driving down the yuan, under the watchful eye of the People's Bank of China.
A new presidential term in an uncertain economic climate As Emmanuel Macron prepares to begin his second term in office, France's economic situation appears highly uncertain. We take a closer look.
Germany: Volkswagen Financial Services more profitable than banks In Germany, the profitability of banks has been overtaken by that of the carmakers' financial branches.
Banque de France to strengthen security of bank cheques The Banque de France has decided to reinforce the security of bank cheques, considered to be the most fraudulent means of payment in 2020.
Presidential election: French banks under pressure With 48 hours to go before the outcome of the presidential election, banks are worried about the economic consequences of a possible Marine Le Pen victory.
Revenue-based financing: loans based on company revenues The European payments giant is making its mark on the banking market with the launch of a dedicated financing service for small businesses.
Subcutaneous contactless payment chips: a growing trend The BBC looks into the subject of electronic payment chips implanted under the skin for contactless payment.
Bank deposit guarantee: resources for the scheme on the rise The resources of the Deposit Guarantee and Resolution Fund, which protects savers' deposits, have increased considerably for 2021.
Banque de France aims to speed up use of instant transfers The Banque de France has decided to promote the use of instant transfers, which are developing too slowly in France despite some progress.
NFT: transactions down in the first quarter After a very encouraging performance in 2021, trading volumes on the NFT market are slowing down.
USA: bank deposits on the decline After years of rising bank deposits in the US, the trend is reversing, with a decline expected in 2022.
Mortgages: the end of very low interest rates Interest rates on mortgages, which have long been at historically low levels, have been rising steadily since January. Analysis.
Cyber-attack: the filing of a complaint is a prerequisite for insurance cover A new bill proposes to make reimbursement of cyber incidents conditional on the victim lodging a complaint within 48 hours of payment.
4-day week: a large-scale trial in the UK The UK is to carry out a large-scale trial of the 4-day week, involving 3,000 employees in 60 companies.
Get free company information Pappers, Societe.ninja, LegalTile... Several companies offer free access to commercial register information.
Russia succeeds in recovering the rouble Several exceptional measures have enabled Russia to restore the ruble to its pre-war level.
Europe takes new measures against Russian banks The 27 member states of the European Union have agreed a new round of sanctions against Russian banks.
Cybersecurity: 7 ways to protect your business A security breach or the disclosure of confidential data can have serious consequences for a company's business.
Instant micro-credit players called to order In a press release, the French financial watchdog has called to order instant micro-credit startups attempting to take advantage of regulatory loopholes.
A rebound in business failures in the first quarter In the first quarter of 2022, the number of business failures rose again after 2 years at their lowest level.
Societe Generale discontinues its banking and insurance activities in Russia Societe Generale announces the sale of its entire stake in Rosbank, as well as its insurance subsidiaries in Russia.
Swoon parent company placed in receivership Bad news for savers planning to turn against Swoon's parent company: Financière de Garantie has been placed in receivership.
3 key points for improving customer relations Customer satisfaction indicators, often overlooked, are a goldmine that can be exploited to improve your service strategy.
A practical guide to successfully selling your startup The Galion Project and Edmond de Rothschild bank have published a practical guide to help entrepreneurs successfully sell their start-up.
SME mergers & acquisitions slow down in 2022 The overall value of mergers & acquisitions fell in Q1 2022, as the war in Ukraine weighed on the market after a very dynamic year.
Global warming: the IPCC's solutions for limiting it The IPCC has just published the latest part of its report on solutions for containing climate disruption by sector of activity.
Portailpro: a website dedicated to tax and social security procedures for businesses On February 24, the French government announced the launch of the Portailpro.gouv.fr website, enabling companies to complete their tax and social security formalities.
Sole proprietorship: what the separation of assets changes The law of February 14, 2022 created a new, more protective status for sole traders. As of May 15, only business assets will be...
Payment times: SMEs better than large companies As the effects of Covid-19 gradually fade, payment times are falling, particularly among SMEs.
Banking: Russian nationals in France penalized Since the start of the war in Ukraine, international sanctions have become increasingly severe, penalizing many Russian nationals abroad.
European Payments Initiative abandons its project for a European card payment system The European Payments Initiative (EPI), the project for a pan-European payment system, is taking a new direction, focusing solely on instant payments and digital wallets.
Ukraine war threatens rail Silk Road Russia's invasion of Ukraine could threaten the 11,000 kilometers of rail linking China to Europe. Read on.
How banks operating in Russia cope with cyber risk Fearing a higher risk of cyber attacks, banks operating in Russia are trying to isolate their local subsidiaries from the parent company.
Employee brown-out: a new challenge for VSEs and SMEs From telecommuting to the sometimes forced return to the office, the health crisis has led some employees to experience a profound loss of meaning at work.
BNP Paribas suspends its activities in Russia The BNP Paribas group announced on Monday evening that it was suspending "all new investments" and "all new projects" in Russia.
From Covid to Ukraine: what is the financial situation of French VSEs and SMEs? A study by the Conseil d'analyse économique details the financial situation of companies and households after two years of the pandemic.
Payments: ACPR warns of over-ambitious business plans by fintechs In a report, the ACPR warns of the over-optimistic business plans of fintechs specializing in payments and electronic money.
French deeptech: unprecedented number of start-ups and financing in 2021 Three years after the launch of the French Deeptech Plan, Bpifrance takes stock: more French deeptech companies are also raising more funds.
Pôle emploi: opening up to competition to reduce unemployment? A recent note from the Conseil d'analyse économique (French Council for Economic Analysis) raises the possibility of opening up Pôle emploi to competition from private service providers.
The right to a bank account simplified from June 13 Individuals who are refused a bank account will soon be able to take their case to the Banque de France more quickly to assert their right to a bank account.
International banks slow to withdraw from the Russian market Most of the international banks present in Russia seem to have started a race against time to avoid having to leave the country.
Joe Biden launches work on a digital dollar On March 9, the American president announced the launch of a project to create a digital dollar. Read on.
European banks under-report climate risks According to the ECB's assessment, the major banks in the eurozone are not sufficiently disclosing data relating to climate risks.
Telecommuting: how Covid prompted companies to reorganize The health crisis has prompted companies to adopt telecommuting on a massive scale, and the new form of the scheme seems to be taking hold. Here's an overview of the subject.
Ukraine: France less exposed to soaring prices than its neighbors Less dependent on Russian gas than some of its neighbors, France also has limited trade relations with Russia. Here's how.
European banks still relegate women to the background Although women are more present on boards of directors, they are still under-represented at the highest levels of European banks.
Cybersecurity: the Cloud exposes companies to cyber risk The French National Agency for Information Systems Security warns businesses of the cyber risks of storing data in the cloud.
War in Ukraine: companies worried about their export insurance cover French companies with Russian partners are worried about their export insurance cover in the current climate.
Next40/FT120: who's behind the startups' fundraising? Cédric O recently unveiled the list of French startups selected for inclusion in the Next40 and French Tech 120 indices.
Fuel costs per kilometer: higher scales in 2021 The tax authorities have published the fuel expenses scale for the 2021 tax return, to be filed in spring 2022.
Funding for startups founded by women on the decline By 2021, funding for startups founded by women has worsened. Male teams are still preferred by investors. Read more.
Private equity giants compete with banks The big players in the private equity sector are differentiating themselves from banks by offering their customers additional services. We take a closer look.
Visa, Mastercard and American Express suspend operations in Russia War in Ukraine. American payment giants Visa, Mastercard and American Express have announced the suspension of their operations in Russia.
Mathematics teaching at lycée: banks express alarm With the reform of the lycée system, the overall number of hours allocated to each subject has been redistributed, and mathematics is one of the big losers.
Cryptocurrencies to the rescue of the Ukrainian economy Ukraine has just passed a bill legalizing the use of cryptocurrencies, in the hope of bolstering the country's economy.
Law to promote self-employed professional activity published The bill in favor of independent professional activity, known as the "Independent Plan", was definitively adopted on February 8, 2022.