The government in France has confirmed that French incorporation tax called Impots sur les societes, also referred to as IS, will be reduced from 2017.
The existing incorporation is 15% up to 38,120 euros of profit, then 33.33% for profit ranging above 38,120 euros. From 2017 incorportated companies such as EURL, SARL, SAS, SASU opting for Impots sur les societes, will be paying 28% of incorporation tax for their profit ranging from 38,000 euros to 75,000 euros.