On 20 December, newly appointed business minister (in charge of commerce, crafts and SMEs) Frédéric Lefebvre detailed an action plan to facilitate administrative support to SMEs, which in summary includes:
- the appointment of an SME contact point in each département who will be required to stay in touch with business realities by spending time in companies;
- the appointment of dedicated officials to specially assist 2000 high potential SMEs in their paperwork;
- a major conference ("Assizes") to address cutting red tape issues for SMEs, in the first quarter of 2011.
In application of the same policy, on 1 January 2011, a major simplification of VAT reporting on intracommunity exchanges of goods will take effect, as per a décret signed on 13 December. The relevant declaration will no longer be required for exchanges (not imports nor exports) up to 460k per year.
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