If you want to open a company in France and need payroll services, our team of accountants can help you. We invite you to explore these lines and understand what payroll in France entails. Check out our online services too.
| Quick Facts | |
|---|---|
| What does a payroll specialist in France do? | He/she calculates salaries and related taxes and distributes the wages according to the company’s policies. |
| What is a payslip? | A document containing information about the salary of an employee, including the paid contributions to the state. |
| Importance of the payroll system | Employee data (working hours, days off, medical leave, etc.) is registered through a dedicated payroll platform to calculate the salaries before distribution. |
| Signatures before the distribution of salaries | By the company managers and/or administrators |
| Benefits for employees in France | – health insurance, – sick leave, – parental leave, – unemployment benefits, – work injury insurance, etc. |
| Individual income tax in France | Imposed at progressive rates from 0% to 45%. |
| Annual paid leave in France | 30 days |
| Maternity leave | 16 weeks |
| Labor accident insurance in France | Between 0.5% and 3% |
| Content of a work contract | – type of contract, – activities, – working hours, – remuneration, – company rules, etc. |
| Minimum wage | Around 1,801/month |
| Extra salaries in France | 13th salary |
| Payroll cycle | Monthly |
| Types of work contracts | Full-time, part-time, project-based, etc. |
| Why choose our accountants in France | For complete accounting services like: – payroll, – bookkeeping, – HR administration, – support in annual financial statements & tax returns, etc. |
What is payroll?
Payroll is a process through which salaries of employees in a firm are calculated and distributed. Such a process is normally handled by a payroll specialist.
What are the main payroll services you offer in France?
- calculating and processing payroll – we can calculate and process payroll for employees, including taxes, deductions, and other withholdings,
- handling tax filings – we can handle tax filings on behalf of employers, including social security contributions, unemployment insurance contributions, and other payroll taxes,
- managing employee benefits – healthcare, retirement, and other benefits,
- providing HR support – we can provide HR support, including managing employee records, handling employee inquiries, and assisting with compliance issues.
How is payroll done in France?
- our French payroll specialist has access to the list of company employees & their remuneration,
- the taxes to be paid are calculated first,
- with the help of a special program/software, payroll specialists start calculating the wages,
- once executed, a payroll report is sent to the company management,
- if there are no mistakes or modifications, salary taxes are paid,
- then, the salary payment/distribution follows.
NOTE: Salary calculations & payment are made considering leaves, benefits, bonuses, etc.
You can also explore this infographic with information on payroll services we offer in France:
What are the payroll taxes in France?
- 42%-45% – Employer social contributions,
- 22%-23% – Employee social contributions.
What is the unemployment insurance in France?
4% paid by the employer.
Are family allowances available in France?
Yes, 5.25% of the total salary, paid by the employer.
Are there any other social contributions paid by companies/employers in France?
Yes, for:
- Housing,
- Transport,
- Apprenticeships,
- Solidary contribution, etc.
What is the payroll cycle in France?
Monthly.
What is a payslip?
- the type of document comprising individual tax breakdowns, respectively every single contribution,
- this document is processed by a payroll specialist such as our experts in France.
What is the system used by payroll specialists in France?
The declaration Social Nominative (DSN).
Where is payroll registered in France?
All payroll data is sent to the French Social Security Administration.
Are there any specific payroll requirements in France?
- companies with more than 50 employees must submit all declarations by the 5th day of the month, while large enterprises have a deadline until the 15th,
- around EUR 4,005 is the monthly ceiling for payroll calculations.
Why is it recommended to hire a payroll specialist for your firm in France?
Employing payroll experts and employers in France can save time and effort and reduce the risk of errors and non-compliance.
Besides assistance with payroll in France, if you are planning to open a branch office in France, the services of our agents are at your disposal. Please contact our French company incorporation agents for any services. They can guide you in detail about employer payroll taxes in France.