• [En]
  • [Fr]
  • [Es]
  • [It]
  • [De]
  • [Ru]
  • [Tr]
  • [Pl]

  +33 9 73 22 01 51

  office(at)lawyersfrance.eu

+33 9 73 22 01 51
office(at)lawyersfrance.eu
Company Formation France

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Set Up a Trust in France

Updated on Wednesday 13th December 2017

Rate this article
5 5 1
based on 0 reviews


Set-up-a-trust-in-FranceFrance is one of the European countries in which establishing a trust is one of the possibilities for those interesting in asset protection solutions. The Trust Law which was enabled in 2011 also provides for a new taxation regime for trusts in France. The legislation also brought several changes in the reporting requirements for the trustees.

Our company formation consultants in France can offer full information on the Trust Law. We can also assist those interested to open a company in France.

What is a trust, according to the French legislation?

France did not have a law on the establishment of trusts until 2011, however it did recognize international trusts, which is why the government at the time created the legal framework which would allow wealthy individuals to benefit from enhanced estate planning tools.

Under the French Trust Law, the trust is a structure for asset protection and tax minimization purposes by a settlor – the person creating it. However, in order to be allowed to set up a trust in France, at least one of the following requirements must be met:

  • -          the settlor is a French resident;
  • -          the beneficiary or beneficiaries are French residents;
  • -          the property conveyed in the trust deed is registered in France.

Our company registration agents in France can assist those interested in setting up a trust.

How to create a trust in France

The trust is not created by registration with the French Trade Register, but it is established by drafting, signing and notarizing a deed of trust through which the possessions of the settlor are placed in the hands of the trustee who will administer them on behalf of the beneficiaries. The French trust can also be set up by drafting a testament.

Reporting requirements for trustees in France

Furthermore, the trustee – the person or French company in charge with the administration of the assets held in trust- is subject to certain reporting requirements with the French tax authorities:

  • -          offering information about any changes brought to the trust;
  • -          offering information about the content of the trust deed;
  • -          offering information on the value of the assets held in the trust.

For full information on the requirements to establish a trust, do not hesitate to contact our French company formation advisors.\

 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Paris

Call us now at +33 9 73 22 01 51 to set up an appointment with our lawyers in Paris, France. Alternatively you can incorporate your company without traveling to France.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in France.

Contact

Online Incorporation

tax-calculator-france

Tax Calculator

tax-calculator-france

Testimonials

Mihai-Cuc.jpg
Starting a company in France can be difficult since it involves such complex procedures. The team from CompanyFormationFrance is very qualified and benefits from extensive expertise in this area.
Mihai Cuc, Partner of
Enescu & Cuc Law Firm
Read more testimonials

We recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg