The question of when to launch a business is not insignificant : if there is a question of temporality to be apprehended with regard to the market on which one wishes to launch, the regulatory and legal aspects can also play an important role and facilitator. This is the goal of a number of reforms put in place by the current government to encourage business start-ups .
SO, 2018 WOULD BE THE IDEAL YEAR TO UNDERTAKE?
Since the end of 2017, the recovery of the French economy is more sustained : INSEE has revised upward its growth forecast to 1.9% , and believes that growth should continue at an equivalent rate, or even higher, current 2018 with a forecast of 2%.
Admittedly, the French economy is facing worrying difficulties: 40% of companies, most of them in the industry, have a lot of trouble recruiting. The year 2018 could experience a scissors effect between the decline in subsidized jobs, introduced by the previous government, and the implementation of the reforms of the current government.
Nevertheless, the government continues its proactive policy in favor of the company. A number of measures, already effective, are dedicated to encouraging entrepreneurship , the most sustainable way to create jobs.
THE MEASURES TAKEN BY THE GOVERNMENT
Thus, at the end of 2017, the government has put in place the following elements:
- Doubling the ceiling of the turnover of micro-entrepreneurs
The entrepreneur is eligible for the tax status of a microenterprise subject to turnover. However, this ceiling of turnover has been doubled for micro-entrepreneurs . Previously at € 82,000 in 2017 for the sale of goods, it rose to € 170,000 this year, while the ceiling increases from € 33,200 in 2017 to € 70,000 in 2018 for the provision of services. The ceiling for VAT exemption remains the same , which can be a problem for people who will exceed the limit during the year.
- Decrease in social contributions for the self-employed
The self-employed will benefit from a reduction in social security contributions to offset the 1.7 percentage point increase in the CSG .
- Reduction of the corporate tax rate
As of January 1, 2018, the profit portion of less than € 500,000 is taxed at a corporate tax rate reduced by 28% (the normal rate being 33.33%) which will gradually become the new normal rate of tax. taxation for all companies by 2020.
- Exemption from corporation tax in ZRR
This measure is intended to encourage family transfers for businesses in rural revitalization zones . Indeed, this exemption of tax spread over 8 years ( total exemption for the first 5 years, then decreasing the last 3 years ) was canceled in case of family transmission.
- Gradual elimination of the RSI
Faced with the many dysfunctions of this regime, the self-employed will be progressively attached to the general system to benefit from a system of protection a priori more efficient at the logistical level than the RSI which will be gradually phased out .
This “Social Security of the Independents” will however have to prove itself because by its nature, the treatments that it manages remain separated from those of the General Regime and nobody can promise that some problems will not remain.
- Creation of the SME Innovation Account (CPI)
A real incentive for entrepreneurs selling their business to support the creators of tomorrow, the creation of the SME Innovation Account consists of the establishment of an account to allow a tax deferral on the added value achieved by these entrepreneurs during of the sale of their business . Thus, the money from the sale can be reinvested in SMEs and will be taxed as a capital gain only on leaving the capital of the company in which the investment was made.
- Opening of ACCRE to all entrepreneurs
Aid to the unemployed person or entrepreneur who will be renamed “Exemption of start of activity creation or takeover of business” (Article L.131-6-4, I of the CSS), will be extended to the set of entrepreneurs . In particular, it provides for exemption from various social security contributions (family allowances, health insurance, maternity, retirement, old age, disability and death) subject to income conditions. Nevertheless, the expansion of the ACCRE will not come into effect until 1 January 2019.
- Unemployment insurance reform
As early as the summer of 2018, a new “universal” unemployment scheme should be introduced that would include the self-employed and the resigning employees, without modifying the current compensation rules. One of the objectives of this upcoming reform is to particularly support departing employees by maintaining their unemployment benefits in the event of starting a business.
Thus, many reforms are being implemented to support innovation, lower the cost of labor and reduce corporate taxation, with a view to encouraging entrepreneurship. By reducing the existing brakes, all these devices could encourage future entrepreneurs to take the plunge, and this from 2018 but still need the demand, orders are there!