Commentary

Annual accounting

14 France
14 France | Commentary

Annual accounting

14 France | Commentary

Special schemes

Annual accounting

The normal VAT return filing period for French businesses is monthly.

Businesses operating below the thresholds mentioned in 14.1 can apply to file quarterly VAT returns or one annual return and make payments on account each quarter.

The turnover of the business is based on an estimate of future turnover or, if the business has been VAT registered for at least a year, on the turnover of the last 12 months. Turnover from exempt supplies and sales of capital assets is excluded from the calculation.

Filing of the annual return and payment of any VAT due

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