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According to European Commission, micro en … According to European Commission, micro enterprises (or microbusinesses) are companies run by a maximum of 10 people with an annual turnover and total balance sheet below 2.000.000 EUR. The vast majority of micro enterprises (over 99%) are run by only one individual. They can be found mainly in emerging markets where they help to foster economic growth. In France, running a microbusiness (as an auto-entrepreneur or micro-entrepreneur) implies abiding by a tax policy specifically designed for companies with low turnovers. This legal status is legally restricted to freelance workers and employers (FWE)——retailers, artisans and a small number of professionals in private practice. This status is not subject to the usual Value-Added Tax (the State doesn't collect it and the company cannot claim it back) and prevents the company from any claim to governmental support programmes. Apart from these specifics, all microbusinesses abide by other FWE-targeted regulations.s abide by other FWE-targeted regulations.
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According to European Commission, micro en … According to European Commission, micro enterprises (or microbusinesses) are companies run by a maximum of 10 people with an annual turnover and total balance sheet below 2.000.000 EUR. The vast majority of micro enterprises (over 99%) are run by only one individual. They can be found mainly in emerging markets where they help to foster economic growth.where they help to foster economic growth.
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Microbusiness in France
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