figures for family businesses in France

In France, eight out of ten companies are family businesses. They employ 13 million people and produce 60% of GDP. Main challenge: to persist from generation to generation. Today in France, only 22% of businesses are transferred within the same family, far behind our European neighbors, Italy (80%), Austria (75%) and Germany (51%). .

At issue: the French tax rate on inheritances. It can represent up to 45% of the company’s value, three times more than the European average. It is therefore sometimes complicated in these conditions to take over businesses for children, nephews or spouses. 36% of leaders who are now over 70 years old have still not found a successor. However, intra-family transmissions are good because they propel women and the youngest.