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Discussion Starter · #1 ·
Hi all. First post.

I noticed an American asking about working for a US firm, but this is a little different, given the IRS isn't involved.

I work for a Swedish hedge fund, as a Brit citizen, currently living in Finland. Am looking to move to either Marseille or Montpellier, for several personal reasons.

As the financial services business is regulated, I can't go via the auto-entrepreneur/Micro-enterprise route. That's very explicit on the various governmental/independent websites I've looked at.

Even if I went as a contractor, given the nature of the business, I'd have to pass French financial secuities exams, I suspect, unless the Swedish firm states that I have the necessary qualifications/experience, etc. No big deal, but a pain.

Would that be a fair assumption as a starting point? If so, are there suggestions about starting a limited company as an alternative? Although again, I suspect there might be restrictions given the nature of the business, especially since it's rather much loathed in France.
 

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There are certain professions that simply don't transfer easily within the EU. I suppose it might be somewhat easier if your Swedish employer would be interested in establishing a French branch of some sort.

Setting up a company is not a trivial task, though it can be done. You would have to contact the local Chambre de Commerce to inquire about the specific requirements - and unless you have other investors, you'd be limited to a "one man" business entity (like an EURL or EIRL). The Chambre de Commerce can point you in the direction of the appropriate regulatory authorities - but be prepared for all the available information to be in French.
Cheers,
Bev
 

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Discussion Starter · #3 ·
Thanks for the reply, Bev. We're a small firm, with strict investor guidelines under the Swedish Financial Supervisory Authority, so setting up an office in France simply isn't possible.

Food for thought about moving there, perhaps to see if there is an agreement in place between the two countries whereby, given I don't give advice, just trade, I can operate there under the authorisations and licenses we have under the Swedish Financial Authority.

All the best,
Max
 

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Thanks for the reply, Bev. We're a small firm, with strict investor guidelines under the Swedish Financial Supervisory Authority, so setting up an office in France simply isn't possible.

Food for thought about moving there, perhaps to see if there is an agreement in place between the two countries whereby, given I don't give advice, just trade, I can operate there under the authorisations and licenses we have under the Swedish Financial Authority.

All the best,
Max
You will need to do significantly more research, as the answers to your various questions are very specialised, however I do not see how you could proceed without having your qualifications accepted in France and being approved by whatever regulatory regime is in place here. I suspect you would need specialist advice. There are specific requirements for the establishment of a hedge fund company in France, too complex for me to comment on. You might want to have a look at some of these Google search results https://www.google.fr/?gfe_rd=cr&ei=lzyIU7L8HYLG4wbMyYDoBg#q=creer+une+societe+gestion+alternative+france
 

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Discussion Starter · #5 ·
EH, As I said, we have no intention of creating/establishing a fund in France. It is merely for me to trade the existing Swedish one, nothing more.
 
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