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Doing Business in French Guiana

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French Guiana is an overseas department and region of France located on the northern coast of South America. This comprehensive guide will help you understand the advantages of doing business in French Guiana and provide information on tax regimes, companies, and other essential aspects.

Advantages

There are several advantages to doing business in French Guiana:

  • Stable Political and Legal Environment: As an overseas department of France, French Guiana benefits from a stable political and legal environment.
  • Access to EU Markets: French Guiana is part of the European Union, which provides businesses with access to a large market of over 500 million consumers.
  • Competitive Tax Incentives: French Guiana offers several tax incentives to businesses, including exemptions from corporate income tax and property tax for up to five years.
  • Strategic Location: French Guiana is located in a strategic position in South America, with access to markets in Brazil, Suriname, and other neighboring countries.
  • Abundant Natural Resources: French Guiana has abundant natural resources, including gold, bauxite, and timber.

Tax Regime

French Guiana follows the same tax laws as mainland France:

  • Corporate Tax: The corporate tax rate in France stands at 26.50 percent.
  • Individual Tax: The French individual income tax system is a progressive tax system, with rates ranging from 0% to 45%.

Companies

The types of companies that can be established in French Guiana are similar to those in mainland France:

  • Sole Proprietorship (Entrepreneur Individuel): This is the simplest and most common form of business entity in France, where the business is owned and run by a single individual.
  • Partnership (Société en Nom Collectif): This is a form of business entity where two or more individuals share ownership and responsibility for the business.
  • Limited Liability Company (SARL): This is a separate legal entity with limited liability for its shareholders, with a minimum share capital of €1.
  • Public Limited Company (SA): This is a separate legal entity with limited liability for its shareholders, with a minimum share capital of €37,000.
  • Simplified Joint-Stock Company (SAS): This is a flexible form of business entity that allows for greater flexibility in terms of management and governance, with a minimum share capital of €1.
  • Cooperative (SC): This is a business entity that is owned and controlled by its members, who share in the profits and decision-making.

Contact Us

If you’re interested in setting up your business in French Guiana or have any questions, feel free to reach out to us at [email protected]. Our experts are ready to help.