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An attractive tax environment

HIGH LEVEL OF LEGAL SECURITY

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The

Collectivité

of Saint-Martin is not

authorized to vote tax rules that are

retroactive

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Possibility for companies to obtain an

official ruling (

prise de position

officielle

) regarding their situation,

which guarantees that the tax system

applied to them will not be changed

in the future

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Existence of extensive

jurisprudence rendered over a

period of several decades by the

French justice system, and which is

nearly always transferable locally

since local tax rules are, for the

most part, based on concepts and

definitions that are identical to

those prescribed by tax laws in

France

VERY FAVORABLE COMPANY

INCOME TAX

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A tax base that is limited to

profits made in Saint-Martin

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Almost total exemption for

dividends and capital gains on

the sale of shareholdings

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Low rates of taxation:

10% or 20%

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Carry-forward of losses that is

unlimited in time and amount

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10% tax rate for revenue from

industrial property rights

(patents, trademarks) and

copyrights, as well as rights

for the production of objects

using 3D printing technology

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10% tax rate for revenue from

securities giving access to

capital (convertible bonds,

bonds with warrants...)

TAX-FREE REPATRIATION

OF PROFITS

Absence of any withholding tax

for payments to beneficiaries

resident outside Saint-Martin, on:

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dividends

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interest

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royalties

VERY ATTRACTIVE TAX

INCENTIVES FOR INVESTORS

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“Tax exemption” scheme equivalent

to a “tax holiday” system (exemption

from corporate tax so long as

the aggregate amount of taxable

income is less than the amount of

productive investments made)

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Exemption from property tax

for five years for new

commercial premises

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Reduced transfer tax on the

acquisition of land for the

purposes of priority activities

NO TAX ON IMPORTS

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Apart from a specific tax on

petrol products, there is no duty

charged on the introduction of

goods into

Collectivité

territory

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Similarly, the TGCA tax (an indirect

tax similar in some ways to VAT) is

not levied on the imports of goods

Grand Case Airport,

© Jordane Ruzié

MARCH 2015 EDITION

09

THE KEY ADVANTAGES OF SAINT-MARTIN