Since the election of President Macron in May 2017, numerous reforms have taken place in France

• reform of labour law with more flexible dismissal of employees. Compensation in case of unwarranted dismissal is now limited
• reform of the social system for professionals
• fiscal reform
  • with the suppression of patrimony tax on shares and bonds
  • creation of a flat tax of 30 % on the income of shares and bonds
  • decrease of corporate tax from 33 % to 25 % until 2022
• reform of the railway status and railway employees status

More reforms in the following fields are planed

• reform of vocational training
• reform of apprenticeship
• reform of unemployment insurance
• a major reform of pensions is to come into force in 2019

I remain at your disposal for any questions arising from these reforms that you may have.


Jean-Frédéric MAURO
Avocat à la Cour
26 Avenue de la Grande Armée
75017 PARIS
Tel. 00 33 1 45 63 28 20 – Fax 00 33 1 45 63 28 12
mauro.avocats(@)wanadoo.fr