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[ESTABLISHING A BUSINESS ENTITY IN FRANCE]
eliminated by an applicable tax convention or where the EU interest and royalties directive applies. Where the payment is made to an entity or individual located in a non- cooperative tax jurisdiction, a 75% withholding tax applies. • Interest payments made to a non- resident (individual or legal entity) are generally exempt from withholding tax in France. However, if the payment is made to a non-resident
(entity or individual) located in a non- cooperative tax jurisdiction, a 75% withholding tax applies. • Obligation to register a transient branch A transient branch must be registered with the local Registry of Commerce and Companies (“ registre du commerce et des sociétés” ) in order to allow employees to work within it. This registration must be done even if the transient branch is open only for a few months.
ILN Corporate Group – Establishing a Business Entity Series
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