Duration: 1 hour
Learning outcome: By the end of this lesson, learners will be aware with the basic elements of the French National Legislation and taxation, concerning the start-up of a new business in France.
|Company legislation||Drafting accounting documents|
|General Tax System||Understanding the operating rules of companies|
Hammad (p.56-57): Hammad was born in Pakistan in 1981. Due to the unstable situation and terrorist attacks in the region, he was forced to immigrate to Greece in 1996. After several years in Greece, he managed to start a fashion accessory business. Hammad tried to handle all the tax issues himself. However, due to a lack of specific knowledge, he now owes a large sum to the Greek tax authorities, which he is paying in installments.
→ Hammad did not have a business plan or business strategy, and therefore had difficulties in dealing with tax issues. He recommended that all new entrepreneurs be guided and advised by professional financial advisors. This training is therefore necessary for entrepreneurs.