On May 23, 2019, Law No. 2019-486 of May 22, 2019 on the Growth and Transformation of Enterprise (loi PACTE) was published in the official gazette. This law aims to empower businesses to innovate, transform, grow and create jobs. As such, the content is various and regulates social thresholds, incentives and employee savings, social interest of the company, pension savings, as well as a new tax policy focusing on investment to strengthen economic growth.
The following two key points are detailed: