Enabling a Global Entertainment Giant to Launch Operations in France

FTI Consulting was engaged by a global Entertainment company to accompany the setting-up of operations in France, incl. identification of potential local service providers. Indeed, the company had no experience with the legal, banking, tax, accounting and HR/social implications of running a business in France.

Our Impact:
  • The Client acquired a comprehensive overview of legal, banking, tax, accounting and HR/social implications of operating in France.
  • The Client was able to incorporate its legal entity in France on time.
  • The Client was able to model its salary structure per employee based on key constraints of the French labour market.

Our Role:

  • Experts helped set up a Legal Entity in France, coordinating with local legal counsel, identifying the appropriate legal form considering tax needs of sponsors, preparing articles of incorporation, and registering the company
  • Our team provided a comprehensive overview of different taxes applicable in France and set up a relationship with a local accounting service provider to manage day-to-day financial and tax reporting
  • Our professionals reviewed key employment obligations and rules in France, built a model to illustrate the cost of employees from gross compensation to net salary, including social charges and tax on salary and presented quick ramp-up solutions such as employing temporary workers, discussing the pros and cons, and assisting with negotiating relationships with key providers

Published

September 10, 2024

temp Key Contacts

Raphaël Miolane

Senior Managing Director, Head of France Corporate Finance & Restructuring

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