France

Currency Euro (€) (EUR)
Payroll Frequency Monthly/paydays are at the end of each month
Capital Paris
Date Format dd/mm/yyyy
VAT 20% standard rate

Employer of record Services
TopSource offers complete payroll, EOR and contractor management services for France. TopSource provides Employer of Record services to global companies establishing a presence in France that do not wish to be burdened with the complications of France employment regulations.
TopSource serves as an outsourced Global Employment Solutions provider. We provide comprehensive employment services such as payroll, payroll related compliances, leave and attendance administration, HR management, and assistance with employer compliances.
If you have an established presence in France, our payroll bureau services are available. But if you are seeking to avoid the complications of a subsidiary—or wish to establish a presence quickly an convert to a subsidiary later—our EOR service is ready to support you today.

Services we offer

Payroll Processing
• Payroll bureau solutions for your France entity
EOR
• Employment solutions/leasing • Providing documents associated with employment
• Employee on-boarding process and documentation • Monthly salary calculation
• Salary disbursement to employee’s account • Pay slip generation (If applicable)
• Employee statutory benefits administration and deduction
Supplementary services
• Foreign exchange and money transfer services for payment of employees and 3rd parties

Company formation in France
We can help with company registration, company incorporation along with all the necessary documentation in France. We can also assist foreign companies to smoothly setup a company anywhere in France.

Statutory Compliances
We offer high-quality corporate statutory compliance services in France. Our services meet highest standards and meet all your compliance requirements.

  • Minimum Wage

    €10.03 per hour or €1,521.22 per month

  • Taxes
    Employer
    13.00% – Health, Maternity, Disability, Death 0.30% – Autonomy Solidarity Contribution
    8.55% (ceiling of 3,311 EUR) – Old Age Insurance 5.25% or 2.45% – Family Benefits
    4.05% (ceiling of 13,244 EUR) – Unemployment 0.15% – AGS (Wage Guarantee Insurance)
    Employee
    6.9% (ceiling of 3,311 EUR) – Old Age Insurance 9.20% – Social Security Surcharge
    0% – Up to 9,807 5.05% – 9,807 – 27,086
    9.15% – 27,086 – 72,617 11.16% – 72,617 – 153,783
    13.16% – 153,783 and up
About Employment in France

Working Hours

Full time employment is considered 35 hours weekly. Employees must not work more than 48 hours weekly, 44 hours per week during 12 consecutive weeks, and 10 hours a day.

Vacation Days

Employees are entitled to 2.5 working days off per month when they have worked for less than a year at a company and 25 days per year from 1 year on.

Maternity Leave

The number of children is the determining factor in duration of maternity leave. Single birth, bringing mothers number of children to one or two: 16 weeks (6 before birth, and 10 after)
Single birth, bringing mothers number of children to three or more: 26 weeks (8 before birth, 18 after)
Birth of twins: 34 weeks (12 weeks before, 22 weeks after)
Birth of triplets or more: 46 weeks (24 weeks before, 22 weeks after) If the mother suffers an illness during pregnancy, she is entitled to two additional weeks before birth, and four additional weeks after birth.

Paternity Leave

Male employees are entitled to three days leave on the birth or adoption of a child. They are also entitled to 11 consecutive days paternity leave (18 if there are multiple births or adoptions), which must be taken within the four months following birth or adoption.

Sick days

There is no official regulatory number of sick days an employee is entitled to. The period of paid sick leave is dependent on years of employment in the company and number of days the employee will be absent. A doctor’s note must be sent within 48 hours after the employee has become ill.

Health Insurance

The government healthcare system covers about 70%-80% of resident’s health care costs. The remainder is usually paid by a supplementary private health insurance company that is either paid out of pocket or by the employer of individual.

Pension

The legal minimum retirement age in France is 62 for those born after 1 January 1955 but the normal retirement age is between 65 and 67. Employees pay 6.85 percent of monthly income and employers pay 8.5 percent up on earnings up to a ceiling of EUR 3,170 per month Social Security: Employers contribute 47.45% of workers’ wages. The social security ceiling is 39,732 EUR annually and 3,311 EUR monthly.

Termination/Severance

Notice must be given as follows: 1 month for employment between 6 months and 2 years; 2 months for employment over 2 years; 3 months for executives.
There is no specific labour code regarding resignation, it can be submitted verbally or written. There is no compulsory time when notice has to be given this is usually decided between employee and employer before the employment commences.
The minimum legal severance pay will be 25% of a month’s salary per year of seniority up to ten years of service (versus 20% before). After ten years of service, severance pay will remain unchanged (i.e. 1/3 of a month’s salary per year of seniority above ten years of service
To learn more, contact us now.

Contact Sales

0203 6915303
contactus@topsource.co.uk

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