- Threshold Reduction: The Finance Act for 2025 lowers the VAT exemption threshold to €25,000, effective from June 1, 2025, with transitional measures specified by tax authorities.
- Transitional Measures: Companies exceeding old thresholds before June 1, 2025, will lose the basic exemption and switch to a real regime from the first day of the month in which the threshold is exceeded.
- Post-June 1st Situation: Companies with turnover between €25,000 and previous thresholds will lose the basic exemption on June 1, 2025, though the situation remains unclear due to potential legal challenges against the postponement.
Source Legifiscal
Latest Posts in "France"
- When Must Foreign Companies Register for VAT in France? Key Conditions Explained
- Distinguishing VAT Registration and Permanent Establishment Obligations in France for Foreign Companies
- VAT Refund Process in France for Non-EU Businesses: Eligibility, Steps, and Deadlines
- VAT Rules on Vouchers
- Chorus Pro Confirmed as Official E-Invoicing Platform for French Public Sector Post-2026
