There are two business tax systems : income tax (self-employed, EURL) and company tax (limited companies - SARL, SA...).

• Income tax : companies with a craft or trade activity are subject to income tax in the category "Bénéfices Industriels et Commerciaux" (BIC) (industrial and commercial profits). No distinction is made for tax purposes between the profit of the company and the remuneration of the director.
Profits are determined either on an inclusive basis by the tax office by applying a reduction representing expenses to the declared profit (the micro-company regime), or by the company director, who determines his own taxable profit (simplified real regime).
The progressive tax-scale of income tax for individuals ("IRPP") is applied; the rate consequently varies according to income and the family situation.

• Company tax : a distinction is made between company profits and the directors' remuneration. Net profit is taxed at a fixed rate (an average of 35.33%) and the directors are taxed personally on the remuneration and dividends received.

Contact :

Chambre de Métiers et de l'Artisanat de la Haute-Corse
Service Économique
3, rue Marcel Paul - 20200 Bastia
Tel : 33 (0)4 95 32 83 00