IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2017 | Removal date: open ended
Still in force

FDI: Financial incentive

Article 71 of the Finance Law 2017 introduced an extension of the "impatriate" regime from five to eight years. The regime provides third-party nationals moving to France for business purposes with numerous tax incentives, such as income tax reliefs for the first five years of their stay.
At the beginning of his speech, Valls hinted at the prospect of attracting investments from the UK to France following the Brexit vote. He mentioned that "Our attendance today is also marked by a very particular context: the British people's decision to leave the European Union. (...) This decision (…) has sent shock waves across the European community at large as well as, in a very specific way, among many companies located in the UK. (...) Today, we are offering solutions to companies looking for answers to their questions so that they can anticipate and plan for the future". Similarly, according to the French law firm Fidal, these incentives are meant to lure top executives from the United Kingdom following the Brexit vote. Hence, the United Kingdom was selected as an affected trading partner.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.