4 ms·
French here. This is very true. The whole economic incentives are made for big CAC40 companies whose owners/CEO are friends with the lawmakers. The small and me
by tasogare 6y ago
French here. This is very true. The whole economic incentives are made for big CAC40 companies whose owners/CEO are friends with the lawmakers. The small and medium companies, as individuals, are the most taxed out there. If you own a company and paid yourself you had to pass through 4 layers or so of taxation.
> Financial and investing groups in France are very conservative.
A friend set up a company, like you said having first another job, and it took 3 years IIRC to get a loan from a bank. All its initial money was love money coming from family and friends investors.
- harha 6y agoSame in Germany, unless you hire full time lawyers and accountants you’ll end up burning a lot of money on these services, mistakes they make and all sorts of authorities.