Faced with a sluggish domestic economy and mature markets, French companies tend to expand internationally and seek new opportunities to secure their business. The joint venture, irrespective of whether it is imposed by the ever-intensifying global competition or under local laws that require the presence of a local partner, constitutes a development tool that is […]
Introduced by Law n°2014-288 of March 5, 2014 on vocational training, career development review meetings are now mandatory for all employees. Such meetings must be held before March 7, 2016. Here is a brief reminder of the obligations imposed on companies in this respect. When employees are hired, the employer must inform them that they […]
The Union Customs Code (UCC) was adopted on October 9, 2013 as Regulation (EU) No 952/2013 of the European Parliament and of the Council. Its provisions will become effective on May 1, 2016. This new code brings about many legislative and practical changes for businesses that import or export goods. Under Article 6 of the […]
The publication of the Implementing Decree is the final chapter of the legislative saga that resulted in the adoption of the Law on growth, economic activity and equality of economic opportunities of July 10, 2015, commonly known as the “Macron” Law. Indeed, even though the Macron Law became effective on August 8, 2015, a significant […]
Any and all French companies are required to search for redeployment opportunities before being entitled to dismiss an employee on economic grounds. This search must be carried out not only within the company itself but also within the group to which it belongs, both in France and abroad. Law n° 2015-990 of August 6, 2015, […]
Notaries usually recommend inserting a penalty clause in so-called deeds of donations-partage (i.e. inter vivos gifts for the division of estate among the presumptive heirs) and deeds of testaments-partage (i.e. inter vivos testamentary partition of estate) in order to make sure that the wishes of the donor/testator will be respected by the heirs. The effectiveness […]