Major Changes for Businesses with the 2025 Budget
The French government recently adopted the 2025 budget, which brings significant changes for businesses operating in the country. Here are the key takeaways:
Tax Measures
- Corporate Income Tax (CIT): The CIT rate remains unchanged at 25%.
- Research and Development (R&D) Tax Credit: The R&D Tax Credit is extended until 2025 and its rate is increased from 30% to 40%.
- Innovation Tax Credit: The Innovation Tax Credit is also extended until 2025, with an increased rate of 30%.
- Digital Services Tax (DST): The DST is abolished for small businesses with less than €250 million in turnover.
- Solidarity Contribution on Wealth (CFF): The tax is abolished for business owners.
Support Measures
- Energy Transition Fund: The government allocated €1.5 billion to support businesses in their energy transition efforts.
- SME Support Fund: €1 billion is allocated to support small and medium-sized enterprises (SMEs) in innovation and growth.
- Investment in Infrastructure: The budget includes €11 billion for infrastructure projects, such as transportation, energy, and digital connectivity.
- Skills Development: €6 billion is earmarked for skills development programs to address labor market shortages.
Other Changes
- Mandatory Electronic Invoicing: The use of electronic invoicing becomes mandatory for all businesses with a turnover of €10,000 or more.
- Extended Parental Leave: Parental leave is extended from 16 to 24 weeks for the birth or adoption of a third child or subsequent children.
- Increased Cybersecurity Measures: The government has allocated €2.5 billion to enhance cybersecurity for businesses and public organizations.
Impact on Businesses
The changes in the 2025 budget are expected to have a positive impact on businesses in France. The tax incentives will encourage investment in innovation and R&D, while the support measures will provide financial assistance and resources for growth. The government’s focus on energy transition, infrastructure, and skills development will also create opportunities for businesses in these sectors.
Businesses should carefully review the changes and consult with professionals to understand how they will impact their specific operations. The government has provided a dedicated website (www.economie.gouv.fr/budget-2025) with detailed information and resources on the budget measures.
Overall, the 2025 budget provides a supportive environment for businesses in France, fostering innovation, growth, and competitiveness.
Ce qui change pour les entreprises avec l’adoption du budget 2025
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economie.gouv.fr a new article on 2025-02-18 18:39 titled “Ce qui change pour les entreprises avec l’adoption du budget 2025”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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