ARTICLE · 18 JULY 2018

Looking Forward | Loi Pacte: Making French Business Great Again

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Next step is the Loi Pacte, intended to help companies innovate, evolve, grow, and create new jobs.

FranceEmployment and HR

Flichy Grangé Avocats

The Macron government speeds ahead with its reforms and bills to help favour economic development and modernization of the French model by finding inspiration in (and improving upon) what exists in other legal systems and political cultures. Next step is the Loi Pacte, intended to help companies innovate, evolve, grow, and create new jobs.

Here are the ten main goals of this law:

1. Simplifying thresholds inducing new obligations.

This is intended to favor and help small and medium sized companies.

2. Removal of the "forfait social" (employer social contributions) on profit-sharing and participation.

Incentive agreements will be facilitated for companies with fewer than 250 employees.

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