Young innovative or academic company (JEI - GAME)

To be a young university company, the company must meet the following conditions:

• Being an SME: it employs less than 250 people and carries out a less than turnover€50 million or has a total balance less than€43 million
• For social exemption : it has been created since under 8 years (the company permanently loses JEI status in the year of its 8^eme birthday)
• For the tax exemption : it has been created since under 11 years (the company permanently loses JEI status in the year of his 11th birthday^eme birthday)
• It must be directed or held at least10% by persons belonging to one of the following categories:
  
  • Student
  • Graduated for less than 5 years from a master's or doctorate
  • Person engaged in teaching or research activities
• She must have for main activity the exploitation of research work in which the managers or associates have participated in an institution of higher education (in the course of their education or in the performance of their duties). A contract must have been concluded with this establishment setting out the conditions for valuation
• Its capital must be held for 50% at least by one of the following persons or entities:
  
  • Natural person
  • Other IED held at least at 50% by natural persons
  • Association or foundation recognized as being of public interest of a scientific nature
  • Public research and teaching establishment or one of its subsidiaries
  • investment business
• She has not been created as part of a concentration, restructuring, extension or take-over of existing activities

A company who wants to know if she meets the conditions to be a young university company (GAME) can send to the tax administration a request for an opinion.

This request must be made taking into account the model next:

Template request review GAME

It must be addressed by registered letter with acknowledgement of receipt or by direct delivery against discharge to the departmental directorate of public finance on which the company depends:

Exemption from income tax

A GAME can benefit from a exemption from income tax equal to 100% during sound 1^erprofitable year.

It can then benefit from a tax exemption on profits equal to 50% for the following financial year.

Tax exemption on built properties

Municipalities and their public institutions for intercommunal cooperation (EPCI: titleContent) to own taxation may, on deliberation, decide to exempt buildings belonging to GAMES from their total share.

In order to obtain the exemption, the company must to make a declaration with the company tax office on which it depends:

This statement must be endorsed before 1^er January of the first year during which it may benefit from that exemption.

It lasts 7 years.

Exemption from real estate contributions by companies

Municipalities and their public institutions for intercommunal cooperation (EPCI: titleContent) may, on deliberation, decide to exempt young innovative companies created before 31 december 2022.

This exemption relates to the share of the contribution to be paid by each municipality or EPIC with its own taxation system.

It lasts 7 years.

The company must submit a request for exemption for each establishment to the company tax department under which it is responsible:

The request has to be made on or before one of the following dates depending on the company's situation:

• The 2nd^eworking day following 1^er May of the previous year that for which exemption is sought
• In the case of establishment, change of operator or activity during the year: on 2^eme working day after 1^er May of the following year creation or change. You must provide an interim return before 1^er January of the year following the year of creation or change

Is it possible to combine exemptions?

A GAME that benefits from the income tax exemption may also apply for the research tax credit (RIC).

However, she won't be able to benefit from it exemptions and benefits granted to the following companies:

• new company
• Company set up in an urban free zone (ZFU)
• Rural Revitalization Area (RRZ) company
• Company in a dynamic urban basin (BUD)
• Priority Development Area (PDA) company

If the GAME qualifies for any of these exemption schemes, the company will opt for for the GAME diet. This option can be taken at any of the following times:

• In the 9 months after the start of business
• In the First 9 months of the financial year in which the option is exercised

This option is irrevocable.

A Game Created before 1^er january 2023 may benefit from exemption from employer's social security contributions and family allowances.

This exemption applies to the share of remuneration of less than€7,862.40 paid to:

• Employees performing any of the following functions:
  
  • Research engineer
  • Technician
  • R&D Project Manager
  • Legal officer in charge of industrial protection and technology agreements related to the project
  • Pre-competitive testing staff
• Agents of the company which are principally engaged in the following activities:
  
  • Company Research and Development Project
  • Performing prototype design operations or pilot installations of new products

For establishments created or abolished during the year, the annual limit of exempt contributions per establishment and per year is calculated in proportion to the elapsed time.

If, during a year, the company no longer meets one of the conditions required, it loses the benefit of the exemption for the year in question.

It also loses it for the following years as long as it does not meet all the conditions.

To qualify for the exemption, the employer must be up to date with its reporting and payment obligations of his social contributions.

No prior declaration with the Urssaf is required to obtain exemption from social security charges.

The company applies itself the exemption by filling out the summary statement of contributions.