3 ms·
At least for France, there is less to recommend doing a startup than in the US. The social security regime is worse (than for others eg employees, govt workers
by marmaduke 5y ago
At least for France, there is less to recommend doing a startup than in the US. The social security regime is worse (than for others eg employees, govt workers), the tax schemes are complex and penalizing at the low end, and the amount a company has to pay an employee is near double what the employee sees in the bank, because near half goes to support the social security net. I’ve been here a decade and wouldn’t start one, even after doing autoentrepreneur unless it was the only choice.
- sokoloff 5y agoIf you’re stuck in France, could you not start a company anyway and only hire remote workers from outside of France?
- vkou 5y ago> and the amount a company has to pay an employee is near double what the employee sees in the bank, because near half goes to support the social security net In dollar values, in the US, that same amount will go to pay for health insurance and benefits and social security and medicare taxes. Combined with lower wages, and your overall payroll expenses will still be much lower in France. There aren't a lot of senior engineers making north of $300,000 USD/year in France. But there are a lot in SV.