Start a company in France instead of Ireland/Hong Kong?

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France will be the ultimate tax hell in 2027⁠ when Macron will step down.

Le Pen wants to re-establish the wealth tax (on all⁤ assets) and Mélenchon wants citizenship-based taxation on top of that.
 
If France is the ultimate tax hell and nightmare then i wonder how a French‌ tax resident could become the richest man on earth 😉
Interestingly, when looking at the bloomberg‍ billionaire's list I hardly see anyone from a low tax country.
 
That's the crux of the problem - billionaires. Before (and most important - IF)⁤ you become a billionaire, you will experience the highest tax rates in the world.

Sorry for︉ intervening late in the conversation. I see you are starting talking SASU, RSA, CMU...
Take it from somebody who went there - DON'T DO IT. DON'T DO BUSINESS IN FRANCE.︊ They will nail you to a pole and start taking turns on you a*s for︋ YEARS.

You will pay 70% tax, you will have to produce countless documents every month,︌ your local tax office will send you "lettres de rappel" by mistake every month, la︍ secu will take money from your corporate account first and ask questions later, you'll get︎ grey hair, and when you throw in the towel and shut down your SASU, you️ will owe them for 3 MORE YEARS.

Don't trust your Stockholm Syndrome friends who own‌ a SASU and tell you you'll do fine - check for yourself. You WILL pay‍ 70% tax. Also, do the simulations: no matter what form of incorporation you choose (microentrepeneur,⁠ SASU, SA, whatever) - you will end up paying 70% tax. The system is so⁤ rigged, it's ridiculous. Whatever you do (only salary, only dividends, half and half, choose another⁣ form of incorporation), you'll come up with the same numbers. Do the calculations yourself, don't⁢ ask the accountants, they are prisoners too (they are entrepreneurs) and need more customers just︀ not to drown in the bills of the Fisc.

I'll be glad to show you︁ the numbers if you like.
 
Did you know that Bernard Arnault went to Belgium for applying Citizenship because he⁤ was afraid of the Tax system in France under François Hollande? He implemented a 75%⁣ tax bracket above 1 million euros. It's not only about Arnault but many super rich⁢ French people living there at the time. They fled the country and the French government︀ saw a big loss in tax revenue.

And you know, the main reason why he︁ got so wealthy is that his companies make constantly gigantic profit margin selling luxury products.︂ He succeeded at putting a "chip" in people's brain for believing that these luxury products︃ are all about prestige,exclusivity and reputation. So for them it's totally worth the overpriced tag.︄ Thus his companies are making a massive profit margin.

He's basically scamming people legally lol︅

Bloomberg shows nationalities and not residency. You will be very suprised how many (French) billionaires︆ actually live in Switzerland.

https://interactif.bilan.ch/300-plus-riches/
 
Not only that, but⁣ the fact that A LOT of people actually cheer upon reading of "inspection du fisc".⁢ Social envy is a true problem in France. Many people believe that whatever money you︀ make over basic income is stolen, could be better directed, rich people are evil and︁ so forth.
Try for yourself: start talking with your circle of friends about tax optimization,︂ and see what they say.
 
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