Other news for October 2025

Update on APE Codes

Effective January 1st, 2027, France will implement a new classification system for activities (NAF), aligning with recent updates to the European Union’s economic activity classifications. The updated NAF system (NAF 2025) will replace the version introduced in France in 2007. To assist with this transition, INSEE has provided several resources on its website, including a correspondence table that maps the existing NAF codes to those of NAF 2025.

Executive Board of Plc. (SA)

In general, a Public Limited Company (Plc.) with both an Executive Board and a Supervisory Board must have between two and five members on its Executive Board. However, if the company’s capital falls below a specified threshold, the Executive Board may consist of only one member. In such cases, a single chief executive officer assumes all responsibilities of the Executive Board. Notably, recent legislation dated June 13, 2024, stipulates that this threshold, previously established at €150,000 by the 1988 law, is now determined by decree. A recent decree sets the new threshold at €250,000.

Bad weather aid

Employers and self-employed individuals whose activities have been impacted by recent adverse weather conditions in Brittany and the PACA region are eligible for support from URSSAF. Specifically, employers may request a deferral for their social security contribution payment deadlines from URSSAF without incurring penalties or late payment surcharges. Additionally, URSSAF has stated that it will not penalize employers who are temporarily unable to submit their declarations. Self-employed individuals can also apply to URSSAF for a postponement of their personal social security contribution instalments.

Transfer pricing reporting

Certain companies are required to submit an annual transfer pricing policy report electronically using tax form no. 2257. This declaration must be made within six months of the deadline for filing their declaration of results. For example, companies with a financial year ending on December 31, 2024, which have until May 5, 2025, to file their income statement, must submit this form by November 5, 2025. Failure or delay in filing the declaration is subject to a fine of €150, and each omission or inaccuracy incurs a fine of €15, up to a total limit of €10,000.