The recently-introduced auto-entrepreneur scheme is designed to simplify the bureaucratic red tape that has made it so difficult for new businesses to start-up in France. It also goes some way to relieving the financial burdens placed on new businesses in their early years. Businesses can now pay their social contributions based on actual, rather than estimated, earnings.
Over 120,000 businesses have registered under the scheme since its introduction. It is an ideal scheme for British expats who want to set up a business in France. However, the costs and lengthy processes involved proved quite a deterrent. Previously, if you had an idea you thought might turn into a decent business, you might have been put off trying. With the new scheme, it is more viable “just to give it a go” in the spirit of the true entrepreneur.
I would be interested to hear from anyone in the region who is thinking of registering, or indeed has already registered, as an auto-entrepreneur. What has been your experience? Is it a great improvement? Would you have gone into business without auto-entrepreneur?
Update on August 5th, 2019
Since publishing this post, a few things, including the terminology, have changed. The new name for auto-entrepreneur is now micro-entrepreneur. For more info, here is an interesting guide on the Micro-Entrepreneur Business: https://www.french-property.com/guides/france/business/micro-entrepreneur.