Doing Business in French Guiana
French Guiana, an overseas department and region of France, offers a stable political and legal environment, access to EU markets, competitive tax incentives, strategic location, and abundant natural resources.
Advantages of Doing Business in French Guiana:
- Stable Political and Legal Environment: As an overseas department of France, French Guiana benefits from a well-established and transparent legal system.
- Access to EU Markets: Being part of the European Union provides businesses with access to over 500 million consumers.
- Competitive Tax Incentives: French Guiana offers exemptions from corporate income tax and property tax for up to five years, as well as reduced social security contributions for newly established companies.
- Strategic Location: Located in a strategic position in South America, French Guiana provides 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:
- Corporate tax rate is 26.50 percent
- Reduced corporate income tax rate of 15% applies to small corporations on their first EUR 42,500 of taxable profits
French Guiana Companies:
- Sole Proprietorship (Entrepreneur individuel): 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): A form of business entity where two or more individuals share ownership and responsibility for the business.
- Limited Liability Company (Société à responsabilité limitée or SARL): A separate legal entity with limited liability for its shareholders.
- Public Limited Company (Société anonyme or SA): A separate legal entity with limited liability for its shareholders.
- Simplified Joint-Stock Company (Société par actions simplifiée or SAS): A flexible form of business entity that allows for greater flexibility in terms of management and governance.
- Cooperative (Société coopérative or SC): A business entity owned and controlled by its members, who share in the profits and decision-making.
If you have any further questions or would like to set up your business in French Guiana, feel free to contact us at [email address].