It was a typo, I meant 40k costs 80k, and according to the simulator it's 72k (company pays 72k, employee gets 40k). It doesn't include Syntec as collective agreement but I don't think the results would be much different. So my bad, but still not far off. This level of fiscal pressure is on par with Scandinavian countries, to put it in perspective.
That's absolutely bonkers for a startup that is actually starting, as there's little to no cash flow.
Note I'm not defending lowering taxes, but in other countries companies have exemptions and/or reductions according to company age, revenue or activity sector (e.g. https://business.gov.nl/subsidy/tax-relief-new-companies/). That encourages companies to actually have a chance to take off and continue paying taxes, rather than suffocate them from the get go.
In France, the most I've seen are reductions applicable to taxe fonciere for new company, which is a tax too small to even matter.
Of course, if you have the contacts willing to invest, my whole point is moot.
> that is the first time I heard Sophia Antipolis being the « Silicon Valley of France »
Come over and they won't stop telling you :)
