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.

Find a notaire

• Find the details in the Directory of Notaires of France.
  Your notary is at your disposal to help you.