In general, taxation system in France is determined by the French Parliament votes setting the kinds of taxes which can be levied and the rates of the taxes which can be applied. Taxes are then collected by the central government, local governments and social security association (ASSO). All the people who have their tax residence in France are subject to French tax, no matter if they are natural or legal persons either living in France or just have their homes, principal residence, workplaces or economic interests in France – they are all treated as taxable. Moreover, despite of the nationality, a person who is a tax resident in France is also taxable on his or her worldwide income.
There are various types of taxes in the country such as taxes on production and importation, value-Added Tax or VAT which is a consumption tax, which applies to goods and services located in France, tax on petroleum products, taxes on wealth, including local property taxes on real estate, capital gains taxes which are payable when assets are disposed, taxes on the sale of buildings (in addition to local taxes), inheritance, gifts, assignment of businesses and registration of vehicles (total taxes should not exceed 75% of income) as well as succession and gift taxes which apply to gifts and inheritances.
Income taxation in France Income taxes in France include corporate tax, income tax for individuals, tax for social purposes which is a calculated tax on all income available to individuals in a year and is a subject to industrial and commercial profits, land income, non-commercial and agricultural profits, salaries/wages, pensions/annuities, movable income, capital gains. These taxes are usually payable in the year after the income is earned by filing a French tax declaration stating the total taxable income received. The declaration should be filed by the normal filing deadline.
Personal income tax Applies to all the incomes gained during any individual business activity in the country. However, those tax payers whose personal net income does not exceed €7,920 are exempted from the income taxation. It is calculated in accordance with the total income of the household which is equally distributed between each member of the household.
Corporate income tax This type includes annual tax made by corporations and other commercial entities and can be applied to approximately 1/3 of French companies with a standard rate of 33.3% and generally based on company’s turnover.
Capital gain tax Capital gain tax needs to be paid on the sale of land, buildings, and shares. It includes 19% capital gains tax and a 15.5% social charge which is 34.5% in total. In addition, there is also a supplementary tax on large gains. It comprises 5 different French tax rates depending on the amount of profit gained.
Residence tax This tax applies to all buildings which have such extras as gardens, garages, private car parks etc. needs to be paid by any person who has a residential unit at his or her disposal.
Land tax The property tax on built lands is applied to properties built in France. The taxable properties consist of all permanent constructions, i.e. buildings (blocks of flats, houses, workshops, warehouses, etc.). The tax base is equal to 50% of the notional rental value of the building (i.e. the value set by the tax administration) and on land/location value. There are many exemptions and exceptions. In 2005, the product amounted to €17.73 bn.
Professional tax This tax concerns people who are self-employed in France which amount is calculated by multiplying the taxable net by the rates approved by each local beneficiaries (communities and organizations) within limits set by national legislation.
Order one of the provided Caymanian individual support or wealth management services and we shall provide you a custom, tailor-made solution. Confidus Solutions, collaborates with a number of professionals from different industries, develops an efficient strategy and creates a unique solution designed for each customer specifically. Once the communication is established, you will receive a list of documents and information required to proceed.
Support & legal services in Cayman Islands Confidus Solutions employs a wide range of experts in different fields: lawyers, real estate experts, bank agents, accountants, tax consultants, and other professionals. Our company's representatives have vast experience dealing with individual clients, providing wealth management, personal tax planning, due diligence as well as transaction assistance services. Confidus individual services can provide you tailor-made solutions in Cayman Islands.
Membership in International Unions Whether it is an alliance, incorporated union, federal union or supranational body here is the list of unions the country is a member of. Slovenia is a member of several unions. They are European Union, International Monetary Fund, North Atlantic Treaty Organization, Organisation for Economic Co-operation and Development, Schengen Area, United Nations, World Bank, World Trade Organization.
European Union Slovenia is a member of European Union. On 1 May 2004, it joined the EU as a full member state. The EU is a unique economic and political partnership between 28 European countries that together form a politico-economic union and cover much of the European continent. It covers an area of 4,324,782 km, with an estimated population of over 508 million. People can travel freely throughout most of the continent. Operating as a single market, the EU is a major world trading power. And it's become much easier to live, work and travel abroad in Europe.
International Monetary Fund Slovenia is a member of International Monetary Fund. On 14 December 1992, it joined the IMF as a member. The IMF is an organization headquartered in Washington, D.C., of 189 countries working to foster global monetary cooperation, secure financial stability and facilitate international trade. The IMF now plays a central role in the management of balance of payments difficulties and international financial crises. The union is governed by and accountable to the all 189 member countries. As of 2010, the fund had SDR 476.8 billion (about US$ 755.7 billion).
North Atlantic Treaty Organization Slovenia is a member of North Atlantic Treaty Organization. Slovenia has been a part of NATO since 29 March 2004, and therefore has been a member of NATO for 19 years. The North Atlantic Treaty Organization (French: Organisation du Traité de l'Atlantique Nord; OTAN) is an intergovernmental military alliance based on the North Atlantic Treaty which. NATO's headquarters are located in Haren, Brussels, Belgium. NATO promotes democratic values and encourages cooperation on defence and security issues. The organization constitutes a system of collective defence whereby its member states agree to mutual defense in response to an attack by any external party. NATO is committed to the peaceful resolution of disputes.
Organisation for Economic Co-operation and Development Slovenia is a member of Organisation for Economic Co-operation and Development. On 21 July 2010, it joined the OECD as a member. The Organisation for Economic Co-operation and Development (French: Organisation de coopération et de développement économiques, OCDE) is an international economic organisation of 34 countries, founded in 1961 to stimulate economic progress and world trade, and promote policies that will improve the economic and social well-being. It is a forum in which governments can work together to share experiences and seek solutions to common problems. OECD work with governments to understand what drives economic, social and environmental change. OECD measures productivity and global flows of trade and investment.
Schengen Area Slovenia is a member of Schengen Area. On 21 December 2007, it was accepted into Schengen Area. The Schengen Agreement is a treaty which led to the creation of Europe's borderless Schengen Area. It entitles every EU citizen to travel, work and live in any EU country without special formalities. It was signed on 14 June 1985 by five of the ten member states of the then European Economic Community near the town of Schengen, Luxembourg. Schengen cooperation enhances free movement of persons by enabling more than 400 million EU citizens to cross internal borders without being subjected to border checks.
United Nations Slovenia is a member of United Nations. On 22 May 1992, it joined the UN at its inception date as a full member state. Founded in 1945, the United Nations is an intergovernmental organization to promote international co-operation. The work of the United Nations are guided by the principles contained in its founding Charter. It is currently made up of 193 Member States. The headquarters of the United Nations is in Manhattan, New York City, further main offices are situated in Geneva, Nairobi and Vienna. Its objectives include maintaining international peace and security, promoting human rights, fostering social and economic development, protecting the environment, and providing aid.
World Bank Slovenia is a member of World Bank. On 25 February 1993, it became a member of the World Bank Group. The World Bank is international financial institution that provides loans to developing countries. It's like a cooperative, made up of 189 member countries. These member countries are represented by a ministers of finance who are the ultimate policymakers at the World Bank. The World Bank's official goal is the reduction of poverty.
World Trade Organization Slovenia is a member of World Trade Organization. On 30 July 1995, it joined the WTO as a member. The World Trade Organization is an intergovernmental organization which regulates international trade. At its core are the WTO agreements ratified in national parliaments. It is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence.
Membership in International Unions Whether it is an alliance, incorporated union, federal union or supranational body here is the list of unions the country is a member of. Slovenia is a member of several unions. They are European Union, International Monetary Fund, North Atlantic Treaty Organization, Organisation for Economic Co-operation and Development, Schengen Area, United Nations, World Bank, World Trade Organization.
European Union Slovenia is a member of European Union. On 1 May 2004, it joined the EU as a full member state. The EU is a unique economic and political partnership between 28 European countries that together form a politico-economic union and cover much of the European continent. It covers an area of 4,324,782 km, with an estimated population of over 508 million. People can travel freely throughout most of the continent. Operating as a single market, the EU is a major world trading power. And it's become much easier to live, work and travel abroad in Europe.
International Monetary Fund Slovenia is a member of International Monetary Fund. On 14 December 1992, it joined the IMF as a member. The IMF is an organization headquartered in Washington, D.C., of 189 countries working to foster global monetary cooperation, secure financial stability and facilitate international trade. The IMF now plays a central role in the management of balance of payments difficulties and international financial crises. The union is governed by and accountable to the all 189 member countries. As of 2010, the fund had SDR 476.8 billion (about US$ 755.7 billion).
North Atlantic Treaty Organization Slovenia is a member of North Atlantic Treaty Organization. Slovenia has been a part of NATO since 29 March 2004, and therefore has been a member of NATO for 19 years. The North Atlantic Treaty Organization (French: Organisation du Traité de l'Atlantique Nord; OTAN) is an intergovernmental military alliance based on the North Atlantic Treaty which. NATO's headquarters are located in Haren, Brussels, Belgium. NATO promotes democratic values and encourages cooperation on defence and security issues. The organization constitutes a system of collective defence whereby its member states agree to mutual defense in response to an attack by any external party. NATO is committed to the peaceful resolution of disputes.
Organisation for Economic Co-operation and Development Slovenia is a member of Organisation for Economic Co-operation and Development. On 21 July 2010, it joined the OECD as a member. The Organisation for Economic Co-operation and Development (French: Organisation de coopération et de développement économiques, OCDE) is an international economic organisation of 34 countries, founded in 1961 to stimulate economic progress and world trade, and promote policies that will improve the economic and social well-being. It is a forum in which governments can work together to share experiences and seek solutions to common problems. OECD work with governments to understand what drives economic, social and environmental change. OECD measures productivity and global flows of trade and investment.
Schengen Area Slovenia is a member of Schengen Area. On 21 December 2007, it was accepted into Schengen Area. The Schengen Agreement is a treaty which led to the creation of Europe's borderless Schengen Area. It entitles every EU citizen to travel, work and live in any EU country without special formalities. It was signed on 14 June 1985 by five of the ten member states of the then European Economic Community near the town of Schengen, Luxembourg. Schengen cooperation enhances free movement of persons by enabling more than 400 million EU citizens to cross internal borders without being subjected to border checks.
United Nations Slovenia is a member of United Nations. On 22 May 1992, it joined the UN at its inception date as a full member state. Founded in 1945, the United Nations is an intergovernmental organization to promote international co-operation. The work of the United Nations are guided by the principles contained in its founding Charter. It is currently made up of 193 Member States. The headquarters of the United Nations is in Manhattan, New York City, further main offices are situated in Geneva, Nairobi and Vienna. Its objectives include maintaining international peace and security, promoting human rights, fostering social and economic development, protecting the environment, and providing aid.
World Bank Slovenia is a member of World Bank. On 25 February 1993, it became a member of the World Bank Group. The World Bank is international financial institution that provides loans to developing countries. It's like a cooperative, made up of 189 member countries. These member countries are represented by a ministers of finance who are the ultimate policymakers at the World Bank. The World Bank's official goal is the reduction of poverty.
World Trade Organization Slovenia is a member of World Trade Organization. On 30 July 1995, it joined the WTO as a member. The World Trade Organization is an intergovernmental organization which regulates international trade. At its core are the WTO agreements ratified in national parliaments. It is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence.
Adult literacy rate in Mexico is 95.1%. Male literacy is 96.2%. Female literacy is 94.2%. Therefore, male literacy and female literacy differ by 2%. Government expenditure on education is 4.8% of GDP. The education index of Mexico is 0.638 - formal education levels in the country are average, but most of the population has a secondary school education at least; higher education is possible and not uncommon. People in Mexico speak the Spanish language.
The Republic of Poland, or simply Poland, is located in Central Europe and is part of the European Union. While the founding of the Polish state dates back to 966, Poland regained its independence and in 1989 made its way towards the advanced economy it is now. Poland is the eighth largest and is considered one of the most dynamic economies in the EU. It also has a leading school education system in Europe. Poland offers its citizens free university education, a universal healthcare system and state-funded social insurance. It is also a member of the Schengen Area, NATO, the OECD and the United Nations.
Poland is considered one of the most successful countries in the transition from communism to a market economy. The return of democracy was followed by the liberalization of the economy, the privatization of small and medium-sized state-owned companies and rapid growth in the private sector. Poland is the leading producer and exporter of apple concentrate and one of the leading producers of cabbage, berries and carrots. In addition to agriculture, Poland's most important economic sectors are coal mining, mechanical engineering and shipbuilding, glass, iron and steel production as well as food and beverage processing and the textile industry.
It is estimated that around 36% of foreign investment goes into manufacturing. Other attractive sectors for foreign investment in Poland are logistics and transport, financial services, and IT and data transmission. Also thanks to the growth of the Polish economy, the real estate market has attracted the attention of both domestic and foreign investors.
If you are considering starting a business in Poland and are looking for the most advantageous and profitable ideas, below are some of the most attractive sectors along with the benefits they can offer.
Polish IT and software development company The IT and software development sector in Poland is one of the most vital and robust industries with good fundamentals and further growth prospects. The Polish IT sector is considered to be the leader in the region, with the demand for qualified IT engineers constantly growing. The main reason and at the same time the advantage of starting an IT company in Poland is the huge human capital – highly qualified IT engineers.
Poland tends to excel when it comes to IT graduates – around 40,000 young people receive top-notch university education in IT and software development every year. The high quality of IT training is evidenced by numerous international programming competitions and rankings, such as B. Top coders. Polish IT specialists are in high demand not only locally but also abroad. Other advantages of starting an IT company in Poland are high product quality and low production and labor costs compared to other countries.
These are the main reasons why companies like Microsoft, Google, HP and IBM have opened their offices in Poland and other foreign companies are located in all major cities of Poland. The two most popular cities for IT companies are currently Warsaw and Wroclaw. Although some of the world's largest technology companies have entered the Polish market, there are still many opportunities and prospects for IT and software development in Poland. One of the reasons why this sector is still very encouraging is the rapid development and new products such as mobile solutions, cloud computing and blockchain technologies. In addition, Poland offers certain state aids for investors, and special economic zones are being developed to provide investors with all the technology infrastructure.
Polish R&D company The R&D sector in Poland is considered one of the success stories among EU Member States. The main players in the R&D sector are the Polish Academy of Sciences together with other higher education institutions and individual R&D companies. The Polish government also encourages R&D activities by funding special programs through which numerous investment opportunities for R&D projects are available. Meanwhile, Polish universities educate highly skilled workers, which is relatively cheaper compared to other EU countries.
Research and development activities are progressing in all major sectors of the economy, especially electronics, aeronautics, telecommunications and IT, biochemistry and biotechnology, pharmaceuticals and other innovative technologies.
The development of telecommunications and economic globalization have made it possible for interested investors to set up companies all over the world. With proper research, financial investment and legal support, business ventures can be safely incorporated in almost any country in the world, but due to the country's special international status and lack of business regulation, incorporating a business in the Vatican is not advisable, we usually recommend one of the following options instead choose: Italy, New Zealand, San Marino or United Kingdom.
Many countries offer specific advantages, unfortunately the current Vatican company formation process is proving to be quite an inefficient, sometimes impossible and risky proposition. At the moment we are not dealing with the incorporation in the Vatican, choose one of the alternatives, because in this situation it would be more efficient to look at overseas options that offer greater opportunities for business development, such as B. Italy, New Zealand, San Marino or United Kingdom.
Company registration procedures in the Vatican Company Registration – is a procedure of preparing constitutive legal documents according to the legal regulations and domiciliary court requirements, submitting the entire package to the official state institution responsible for keeping all records in the Central Register of Companies, as well as obtaining an official decision on company incorporation from the competent authority. Establishing a legal company on the territory of a particular jurisdiction is an integral part of growing one's business, which every investor and entrepreneur must undergo.
Unfortunately, the political and economic situation in the Vatican is currently not the most favorable for company formation and international business development. Confidus Solutions cannot guarantee that any business structure will be timely registered in the Vatican, if registered, however. Also, we recommend you to reconsider incorporating your company in the Vatican, as Vatican companies may also have major problems opening bank accounts and making international bank transfers. You could consider Italy, New Zealand, San Marino or the UK as possible options.
Opening a bank account in the Vatican Due to the country's special international status and lack of corporate regulation, opening a bank account in the Vatican may not be the most efficient solution, if at all. If you are looking for opportunities to invest in foreign companies, you may want to consider opening a bank account in another jurisdiction. Our experts in corporate law, international investment and world economy advise potential investors, venture capitalists and entrepreneurs in detail on the current market situation and which banks can be considered as the most efficient solution instead of the Vatican bank account.
Virtual office in the Vatican for tax purposes Having a registered address, local presence and office in a country of domicile is a relevant matter for each country's tax authorities. However, for international business, a much more acceptable solution would often be to simply set up a virtual office dedicated solely to receiving and forwarding incoming mail, arranging shipping, setting up a bank account, and handling local phone calls.
If you are about to research a company formation in the Vatican, it is important to know that currently in the Vatican there is a special international status of the country and a lack of corporate regulation, which makes the formation of a company in the Vatican a high-risk company, therefore we do not offer this service, as well as the establishment of other corporate and tax structures. Based on your needs, we strongly recommend looking at the following solutions: Italy, New Zealand, San Marino or United Kingdom.
The total population of Belgium is 11,498,519 people. The people of Belgium speak Dutch, German and French. The linguistic diversity of Belgium is quite diverse according to a fractionation scale, which is 0.5409 for Belgium. The average age is around 43.1 years. Life expectancy in Belgium is 80. The female birth rate in Belgium is 1.8. About 22% of the Belgian population is obese. Ethnic diversity is quite diverse according to a fractionation scale, which for Belgium is 0.5554. Details on the language, religion, age, gender distribution and advancement of the people of Belgium can be found in the sections below, as well as the section on education in the country.
Population In Belgium, the population density is 368 people per square kilometer (957 per square mile). Based on these statistics, this country is considered densely populated. The total population of Belgium is 11,498,519 people. Belgium has approximately 1,387,940 foreign immigrants. Immigrants in Belgium make up 0.5 percent of the total number of immigrants worldwide. Immigrants in Belgium account for 10.4 percent of the total number of immigrants worldwide. The ethnic diversity of Belgium is quite diverse according to a fractionation scale based on ethnicity. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Belgium is 0.5554. This means that there is a relatively high number of unique ethnic groups in Belgium. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read below the Belgian statistics on the average age and gender distribution at different ages.
Age The average age is around 43.1 years. The average age for men is 41.7 and the average age for women is 44.4.
Gender The sex ratio, or number of males per female (estimated at birth), is 1.045. It can be further broken down into the following categories: sex ratio below 15 - 1.04; sex ratio from 15 to 64 - 1.02; sex ratio over 64 - 0.71; Overall sex ratio - 0.96. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.
Religion The majority religion in Belgium is Christianity, whose adherents make up 64.2% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. Besides Christianity, there are several other religions in the country. Other religions in Belgium are Islam, Buddhism, folk religions, Judaism. Belgium's religious diversity is vaguely diverse according to a fractionation scale based on the number of religions in Belgium. The index of religious fractionation in Belgium is 0.2127. This score means that within the country there is a major belief with a few other subordinate beliefs.