The directors’ fees paid to the members of the Board of Directors and the Supervisory Board in remuneration for their duties on the Board are taxed differently depending on the tax residence of the beneficiaries. Read more

The payment periods among professionals are more and more controlled. It is in this way that the Law of 6 August 2015, known as “Macron Law”, introduced a single payment period within 60 days from the date of issuance of the invoice to comply with the EU directive of 16 February 2011. By way of derogation, a payment period within 45 days of the end of the month from the date of issuance of the invoice may be agreed, provided that this payment period is expressly stipulated in the contract and is not grossly unfair to the creditor. Read more