France makes benefits available to people who resign to start their own business - News Summed Up

France makes benefits available to people who resign to start their own business


As part of a raft of changes to France's unemployment benefits system, which come in to force on November 1st, there is a new opportunity for people who want to set up their own professional project. Under the new regime, employees who resign with the intention of starting their own business will be entitled to benefits as a replacement income for 15 months while they get their new project up and running. So the more your current salary is, the higher your benefits will be, up to a cap of €7,700 a month. If you go back to salaried employment and clock up another five years, you can then resign again and claim the same benefits. The changes might prove a boost to president Emmanuel Macron's efforts to turn France into the 'start-up nation'.


Source: The Local October 25, 2019 09:22 UTC



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