Contracting in France through CPM
Contracting in France through CPM - Factsheet 106 (PDF)
CPM France operates under the CPM Group and provides all our contractors based in France with a complete, turnkey solution to their French contracting requirements.
The British or French arm of the group signs the contract with the agency or client, CPM invoices the client in the usual way and on receipt of payment from the agency or client, makes a payment to the contractor, under French legislation and Social Security rules.
There is a fundamental difference in France as the employee is technically responsible for his or her own income taxes. CPM will however arrange for these to be paid at the appropriate time on receipt of the funds from the contractor. No tax is deducted from the funds received from the client other than the employer's social security costs and an admin charge.
French Social Security Laws are far more complicated than those of the UK and clients should bear this in mind.
As an example of salary payments.
An employee earning € 4,000 will receive €1,548 after all social deductions. This includes the employer and employee element of the social costs.
The above figures may differ depending on circumstances and in some cases on the industry in which the employee works.
About CPM
Based at Haseley Manor in rural Warwickshire, the philosophy behind the company is simple – make life for the freelancer as easy and straightforward as possible by providing comprehensive administrational support services, allowing them to spend the maximum amount of time doing what they do best – IT contract work.
CPM aims to provide IT-specific administration services to the tens of thousands of freelance contractors in the United Kingdom more cost effectively than those offered by traditional accountancy practices.
It provides a comprehensive portfolio of services, which can be tailored for every freelance UK IT professional, and specialist working at home or abroad, whether they are working as a consultant or as a freelance operative within a management, support, programming or hardware structure. They may also be operating on a PAYE Limited company or self-employed basis.
CPM is managed by a team of former IT industry employees who genuinely understand the individual needs of the freelance contractor. These include founder Solomon Williams, a Chartered Certified Accountant, who has extensive experience in a variety of business start-ups and operations throughout the UK and Europe.
If you wish to find out more feel free to Contact Us
Disclaimer: The information contained in this factsheet is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts Involved. Given the changing nature of laws, rules and regulations, there may be delays, omissions or inaccuracies in information contained in this factsheet. Accordingly, the information on this factsheet is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. Before making any decision or taking any action, you should consult a CPM professional.