Corporate income tax decrease - Production taxes decrease - Strengthening of companies’equity capital - New aids for employment> Read more
The transition to a sustainable economy is undoubtedly the challenge of the century. The European Union is committed to promoting investment in more sustainable activities and bringing more transparency to financial actors to this end.> Read more
The European Union’s Council updated on 6 October 2020 the European blacklist of non-cooperative jurisdictions for tax purposes.
These are countries that have refused to engage in a discussion with the EU or to remedy shortcomings in good governance for tax purposes at the global level. The purpose if this list is to ensure that the EU’s international partners respect the same standards as the Member States do.
Two countries are added to the blacklist, two were removed.> Read more
The health crisis related to COVID-19 had a significant impact on merger and acquisition transactions during this period.
The announced economic crisis could also have a significant impact on the activity related to these transactions despite the measures taken by the French government.
Companies, depending on their business sectors, may be in a range of situations from those not affected to those whose activities have been halted, suspended or affected.
In this new period of crisis, relations between sellers and buyers will no longer be the same as the latter will try to manage as best they can the risks related to the deterioration of the economic context. As a consequence, risk management will be at the center of future M&A transactions.> Read more
Ahead of the Regulation (EU) 2019/452 dated March 19, 2019 regarding foreign direct investment (« FDI »), which will enter into force on 11 October 2020, and in the context of the COVID-19 pandemic, Germany decided in June to strengthen
"I want to propose a new generational pact for tomorrow. The effects of the crisis mean that we will have to invest on an unprecedented scale, but we will ensure that the next European generation benefits from it. This is a great opportunity for Europe. It is time to add the chapter written by our generation for a sustainable Union. We owe it to future generations."
It was in these terms that Ursula von der Leyen presented to the European Parliament on 27 May the 750 billion euro recovery plan called "Next Generation EU".> Read more
The emergency Act No. 2020-290 dealing with the covid-19 epidemic of 23 March (Loi n° 2020-290 d'urgence pour faire face à l'épidémie de covid-19) created a state of public health emergency in France.> Read more
Pursuant to the Law of March 23, 2020 (Loi n° 2020-290) introducing a state of health emergency in France, the Order of March 25th (Ordonnance N ° 2020-318) has extended several time limits applicable to legal persons and entities without legal personality under private law, for the presentation and the approval of their financial statements.> Read more
To allow and facilitate remote participation for companies, the French government has subsequently adopted an Order (Ordonnance N° 2020-321) on March 25th allowing a easing of the rules for meetings and deliberations of the governing bodies and the general meetings.> Read more
After three and a half years of negotiations, Brexit has finally become a reality. The execution of the withdrawal agreement and its entry into force on 31 January 2020, marks the end of the period provided for in Article 50 of the Treaty on European Union (TEU) and the beginning of a transitional period.> Read more
The very first legal action under the French Act No. 2017-399 of 27 March 2017 on the duty of vigilance of mother companies and multinationals or principals, also known as the "Potier Act" or “Vigilance Act”, has been brought.> Read more
Order no. 2019-1234 and Decree no. 2019-1235 of 27 November 2019 transpose EU Directive 2017/828 of 17 May 2017, which aims to promote long-term commitment of shareholders, and reorganize the obligations relating to the remuneration of corporate officers in listed companies.> Read more