La cessation of a simplified joint-stock company with a single shareholder (SASU) Has tax implications. This operation may cause a tribute particular. However, its influence is reduced due to the size of the structure. Equity sharing is not applicable in this case. But the company has to pay, in some cases, stamp duty. here is the catalog of taxes to be paid to the Public Treasury to close a SASU.
Payments in the form of rights to be made due to the dissolution of the SASU
Until the end of 2020, the act certifying the dissolution of the SASU had to be recorded by the business tax service (SIE) on which it depended. This corresponded in practice to the declaration of the sole shareholder.
Until December 31, 2019, the tax authorities claimed Recording rights for this type of transaction, regardless of the reason for dissolution. Thus, the SASU had to pay a sum of €375 (capital < €225) or €000 (capital > €500).
From January 1, 2021, the registration formality is more imposed. In case of voluntary presentation for registration, the administration carries out the operation free of charge. However, this gratuity only applies to dissolutions which do not involve any transfer of movable or immovable property to the sole shareholder.
Important note : these are only payments to be made to the Public Treasury. It is necessary to take into account other administrative costs, such as those paid to the legal announcements journal (JAL) or to the registry of the commercial court (TC).
Taxes due upon final liquidation of the SASU
When the liquidation operations are completed, the liquidator must produce final liquidation accounts. These reveal a liquidation result, which can be a Cute or a small. A bonus occurs when the sole partner collects more money than their initial contribution. A mali, on the other hand, does not generate no taxation and cannot give rise to any deduction for sole partners.
Le liquidation bonus is, in turn, subject to tax. It is not concerned by the right of division, once the minutes of the closing of the liquidation, because there is no " partage ". However, the surplus received by the sole shareholder is considered as a distribution of dividends which is taxed the same way. Thus, the taxation applicable to movable income applies here. The bonus is subject to single lump sum (PFU or "Flat Tax) at the rate of 30%. However, the sole shareholder may choose to opt for the progressive income tax scale, after a reduction of 40%. The rate will be determined according to the income of the sole shareholder (0, 14, 30, 41 or 45%). Of the social contributions additionally apply (17,2%).
Summary of taxes due at the closure of a SASU
| Steps | Taxes |
|---|---|
| Dissolution | None, without transfer of movable or immovable property (registration fees otherwise) |
| Clearance | None in the event of a liquidation mali 30% in case of bonus (PFU) except option for the progressive scale (variable rate) |
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