Unlock financial excellence with a leading public accounting firm in France

Expanding your business into France opens a world of opportunity—but it also introduces a maze of complex financial regulations and rigorous compliance requirements. As a foreign subsidiary, you need a trusted partner who not only understands French accounting standards but also excels in integrating international best practices. Vachon stands as your dedicated public accounting firm in France, delivering expert financial guidance, audit excellence, and strategic tax solutions tailored to your unique needs.

Why choose a specialized public accounting firm?

• Regulatory Mastery: French corporate tax, VAT, and social contributions demand precision. For example, corporate tax rates average around 25%, while social charges can exceed 40–50% of gross salaries.

• Global Integration: Aligning local French standards with international frameworks like GAAP and IFRS is critical for seamless consolidation and reporting.

• Strategic Advantage: By partnering with Vachon, you transform compliance into a competitive edge, enabling your business to thrive in a global market.

Understanding the French regulatory & financial environment

Achieving financial success in France starts with a deep understanding of its multifaceted regulatory landscape. For foreign subsidiaries, balancing local requirements with international standards is both a challenge and an opportunity for growth. Vachon’s expert team ensures that every aspect of your financial operations is managed with precision and strategic foresight.

Navigating local compliance essentials

Key Regulatory Requirements:
Operating in France means adhering to strict statutory standards and meticulous reporting procedures:

• Corporate Tax (Impôt sur les Sociétés):

• The average corporate tax rate is approximately 25%, with frequent legislative updates impacting tax obligations.

• Value Added Tax (TVA):

• The standard VAT rate is 20%, subject to specific reduced rates in certain industries.

• Social Contributions:

• Mandatory contributions, such as payments to URSSAF and pension schemes, can represent over 40–50% of employee gross salaries.

• Financial Reporting:

• Compliance with the French Plan Comptable Général (PCG) is required for accurate, transparent audits and financial consolidation.

Our advanced systems and rigorous audit processes reduce reconciliation errors by up to 15%, ensuring that your financial data is both accurate and fully compliant.

Is your current financial infrastructure fully equipped to handle France's demanding regulatory standards?

Integrating international standards with French requirements

Global reporting and consolidation:
For foreign subsidiaries, harmonizing French local standards with international accounting frameworks (such as IFRS and US GAAP) is essential:

• Seamless integration:

• Our expert team bridges the gap between French GAAP (PCG) and global standards, ensuring consistent and transparent financial reporting.

• Enhanced accuracy:

• This integrated approach not only streamlines consolidation but also minimizes potential discrepancies, enhancing overall financial clarity.

• Strategic benefits:

• Consistent global reporting supports better decision-making and strengthens investor confidence.

Does your financial reporting system effectively merge local compliance with global standards?

📞 Ready to optimize your financial processes? Contact Vachon for expert guidance on integrating local and international accounting standards.

Comprehensive public accounting & tax services

At Vachon, we offer a full suite of public accounting and tax services designed to meet the unique needs of foreign subsidiaries operating in France. Our comprehensive approach ensures that every aspect of your financial operations is meticulously managed, from statutory audits to tax return preparation.

Our key services include:

• Statutory Audits & Assurance:
  We perform rigorous financial audits in accordance with French GAAP (Plan Comptable Général) and international standards such as IFRS and US GAAP. Our audits provide clear, transparent, and reliable financial statements, enhancing stakeholder trust.

• Tax Compliance & Optimization:
  Our experts ensure that your company remains fully compliant with French tax regulations. We prepare accurate tax returns and implement tax optimization strategies that can reduce your effective tax rate by up to 10%.

• Risk Management & Internal Controls:
  Through detailed risk assessments and robust internal control reviews, we help you mitigate financial risks and maintain operational stability.

• Advisory Services:
  Our tailored advisory solutions support strategic decision-making, ensuring that your financial processes align with both local regulatory demands and global best practices.