As an accounting student, I don’t necessarily dream of an “Authentic Society”! My passion is numbers! While some (most) find it a bit dull, I truly enjoy my field. I also love sharing my knowledge. In fact, I hope to teach finance one day.
So if you have any questions, don’t hesitate—I’d be happy to help.
Finance Within Your Reach
Financial questions are always tricky. That’s why it’s essential that you know your rights and the role of each professional in the field. This blog aims to shed light on these complex topics.
Together, we will explore points that apply sometimes to individuals, sometimes to professionals. We believe this is the best way to simplify your management and protect you from financial pitfalls.
What are the duties of an accounting firm?
An accountant’s goal is to lighten the workload of an entrepreneur or business by handling many tasks. The missions of an accounting firm are therefore quite broad, as you can see by visiting https://www.cabinet-suissa.com/nos-missions/. Let’s look at some services you can entrust to such a firm.
When creating a business, the accountant studies the legal structure best suited to the project and identifies the appropriate tax regime. Determining the social status of the business leader is also part of the accountant’s responsibilities.
Regarding financial matters, this professional proposes wise financing methods to start a business. The firm can also handle payroll and related social declarations. Additionally, it can provide legal advice.
An accounting firm is therefore a valuable resource, whether in accounting, taxation, administrative management, or social matters. Don’t hesitate to thoroughly check the skills and experience of a firm before choosing one to relieve you of financial concerns.
Some information about tax law
Before going further, it’s important to note that tax law exclusively concerns taxes, as shown in articles on https://www.dso.fr/categorie/dso-fiscalite/droit-fiscal.
Taxation is a rather complex world, at least for those without basic knowledge. We consider it essential to reveal your obligations and rights. This will save you many disappointments and, let’s admit it, it’s a guarantee of peace of mind.
To begin with, know that since 2016, it’s possible to pay your taxes online. However, this service is subject to conditions. The first is obviously to have internet access at home. The second is to have a taxable income exceeding €28,000 (verifiable on your tax notice).
Income declarations must be filed by deadlines set by the government, usually around May and June. Pay close attention to the dates as they differ depending on whether you file by paper or online. Paper declarations have the same deadline; online deadlines vary by department.
In certain cases, it’s possible to contact the tax administration. This applies, for example, if you have difficulty paying your taxes and want to request a delay. The same administration can be contacted for complaints or requests for waivers.
In any case, you should always seek advice from a professional or regularly visit reliable websites (especially government-managed ones). We ourselves strive to enrich our blog based on trustworthy sources.
You can find an online legal advisor to help you
An online legal advisor can provide useful information and guide you.
Sometimes small things seem unimportant but lead us straight into trouble. For example, using your office printer to print a travel authorization for personal vacation can be punishable by law. This falls under the jurisdiction of the justice system!
A mediator always acts as an arbitrator, whether in family or judicial contexts. Therefore, mediation procedures are roughly the same. In case of conflict, it’s crucial to choose the right mediator whose role is to help parties reach an amicable agreement.
In divorces, sometimes both parties agree mutually, making the process simpler than in conflict situations. However, perfect understanding is required so both parties enjoy fair benefits. Good advice is helpful here, once again.
Ultimately, many situations require the intervention of an online legal advisor. This person is not necessarily a lawyer but someone with advanced knowledge of legal matters.
Advice given online does not replace the services of a licensed lawyer. However, the information provided will help you better prepare for upcoming procedures. The advisor can also help you find a specialized lawyer for situations similar to yours.
Managing your business in a few words
It’s crucial to manage a business expertly to stay competitive. Your goal is to provide suitable working conditions and environment for your employees. This contributes to their loyalty to your company.
Management can refer to tax-deductible expenses—from vehicle costs to certain insurance premiums, including purchases of original artwork by living artists.
Good business management also requires solid knowledge of VAT liability. For example, reconstructive surgery is subject to VAT if it addresses serious social and/or psychological harm.
Management is therefore more complex than it seems, especially financially. You must balance income and expenses to ensure continuous growth. Basic knowledge is essential, but you also need to react effectively to unforeseen events.
Start by defining goals you want to achieve. Then choose a strategy you must monitor effectively. Always comply with current regulations as laws regularly evolve.
Businesses: Clauses to respect when transferring your leasehold rights
Premises are an important resource for setting up any activity. But acquiring them is not always easy. If purchase isn’t possible, you may opt for leasing—a very common practice in real estate. What is a lease? And what about leasehold rights? We will focus particularly on the transfer of these rights.
What is a leasehold right?
A lease is a contract where one party grants another the right to use movable or immovable property for a predetermined period in exchange for financial compensation called rent. It involves two parties: the lessor (landlord) and the lessee (tenant). Three criteria validate this agreement: property provided, the temporary nature of the agreement, and financial consideration. Rental statuses distinguish residential, commercial, professional, and rural leases.
Signing a commercial lease grants the leasehold right—the price at which a tenant transfers the lease they previously negotiated to a buyer. By doing so, the buyer acquires the lease under the contract terms and for the remaining contract duration. This right is part of the business assets. It’s important to note that transfer is only possible if no clause in the lease contract restricts it. We will review some of these clauses.
Clauses for transferring leasehold rights
Two scenarios exist for transferring or contributing leasehold rights. First, where it is merged with the business assets; second, where it is isolated. We’ll explore the transfer scenario.
The lease contract must be carefully studied before any transfer procedure. It may contain special clauses related to the transfer that could have regrettable consequences if ignored. These often concern landlord approval, transfer form, landlord’s right of first refusal, and joint liability clause.
Landlord approval is their prior consent before any lease transfer. This ensures they are notified if a transfer is planned and that it won’t take effect without their authorization. The nature of approval—tacit or express—will be specified. However, even without this clause, tenants must inform the landlord of their transfer intention.
The landlord may also specify in advance the form the transfer deed should take (notarized or otherwise). They may require their signature on the deed in addition to the other parties’.
All about leasehold rights
The landlord may include a right of first refusal clause allowing them priority if a lease transfer opportunity arises.
By the joint liability clause, the landlord ensures that lease terms and rent payments won’t be affected by the transfer, as the tenant remains liable despite the transfer.
These are the most common clauses but not the only ones. The landlord can add any clause they want. Since they cannot prohibit the transfer, these clauses help restrict the tenant’s ability to transfer their rights.
By law, any tenant (business) under a commercial lease can transfer their leasehold right. To avoid financial loss, the landlord may include clauses about this transfer in the lease. The transferring tenant must comply with these clauses or risk contract termination.
Need advice for investing in real estate?
Real estate investment can be profitable!
Investing in property is building a solid asset base. The best way to make your acquisition profitable is to rent the property for a period you set in advance. You can rent it as a professional furnished rental (LMP) or a non-professional furnished rental (LMNP).
Your landlord status is not chosen randomly. To qualify as LMP, a household member must be registered in the trade register and rental income must exceed €23,000 (tax included). This income must also exceed total income from all other household activities.
Consider consulting https://www.lmpartenaire.fr/conseils-pratiques/, which offers valuable real estate investment advice. You will find clear explanations about financing your property purchase through loans and guidance on choosing the right tax options.
The benefits of seeking advice are obvious. On one hand, you learn the pros and cons of available options. On the other, you ensure wise capital investment or borrowing fully aligned with your project. This guarantees peace of mind.
Nice: Why hire a labor law attorney?
Why consult a labor law specialist lawyer?
Every lawyer must represent their client in legal matters, but circumstances vary. That’s why lawyers specialize in certain fields. Labor law is one such specialization. So, when should you turn to a labor law attorney?
When does a labor law attorney intervene?
A labor law specialist can be called upon by employees or employers. They master the legislative texts governing employment. Thus, they serve as both advisor and assistant. A labor law attorney can draft or review legally binding documents (company statutes, employment contracts, etc.). They can seek amicable solutions to disputes. If no agreement is reached, the attorney represents their client in relevant courts.
A labor law attorney may be hired by a company to help management strictly comply with regulations. For example, verifying employment contracts, validating collective agreements, or ensuring sanctions fit the situations requiring them.
Concretely, a labor law attorney’s intervention is advised for hiring employees, employment conditions, and contract termination. They assist employers in drafting/modifying contracts and advising on notice periods (conditions, deadlines, etc.). This attorney is also helpful when planning a dismissal for personal reasons, which must be justified and non-discriminatory. They also intervene in economic and disciplinary dismissals.
Additionally, labor law attorneys may be consulted in cases like commuting or workplace accidents.
They can also defend employees, e.g., in cases of unfair dismissal, moral harassment, or contract breaches. Employees can hire attorneys to advise on salary claims, contract reclassification, etc.
As you see, many situations justify the intervention of a labor law specialist.
Role and actions of the labor law attorney
Though a legal specialist, the labor law attorney does not only appear in court. They play a key indirect role in company operations, especially employer-employee relations. They always act in their client’s interest, explaining rights, potential claims, risks, and options clearly.
The attorney’s first task is to provide personalized advice, analyzing the case and explaining necessary steps. They must remain objective, clarifying the client’s position. The attorney works to reassure and help resolve issues legally, gathering evidence (testimonies, voicemail messages, emails, contracts, amendments) to build the case. This helps determine if legal breaches occurred, if a complaint is justified, if negotiation is possible, or court action necessary.
Labor law attorneys in Nice aim to anticipate or resolve legal issues within companies.
Even though finances are complex, today you have various ways to stay informed. From online legal advice to accountants, many professionals are ready to guide you throughout your projects. Don’t hesitate to use their services and regularly check our sections for the latest financial news and advice.
