Official website of Notaires de France

Definition of business property

  • What is business property?

    • The definition of b­usiness property varies according to the sphere in which the definition is used.

    • There are two definitions:
      - the first applies to all the assets and activities defined in the French Commercial Code,
      - the second is used for tax purposes and relates particularly to the performance of the business activity.­ ­

  • Tax definition of business property :

    • The definition of business property used by the tax authority is closer to everyday language, i.e. “ the assets needed for the performance as a one-person business of an industrial, commercial, ­craft-based, agricultural business or self-employed profession and rights in the company, i.e. share­s ”.

    • Tax authorities expand this definition to include the direct or indirect ownership of a percentage of the capital of a company, or add the concept of a main business activity.

    • The tax definition must be used for purposes such as determining whether any capital gain is classified as a personal or business gain.

See also


French property market report / N°31


The role of the Notaire