Guide to Société Civile Immobilière (SCI)
Wednesday 10 February 2021
Does it make sense to use a French property company, a Société Civile Immobilière (SCI), to buy French property?
In France, there is a distinct corporate legal structure that can be used for the purchase, ownership and management of real estate.
That legal structure is called a Société Civile Immobilière (SCI).
An SCI is often used where the property is to be purchase by multiple, notably unrelated, owners, or an extended family.
The structure can also have some tax advantages, particularly in relation to inheritance tax.
Nevertheless, the advantages of an SCI can be overstated, so caution is needed before adopting its use.
We have recently updated our guide to setting up and running an SCI, which you can read about using the clickable links below.
1. What is a SCI? |
2. Multiple Ownership of Property |
3. Transfer of Property |
4. Inheritance Laws & Taxes |
5. Tax Implications |
6. Business Use |
7. Setting up an SCI |
8. Running an SCI |
Related Reading:
Thank you for showing an interest in our News section.
Our News section is no longer being published although our catalogue of articles remains in place.
If you found our News useful, please have a look at France Insider, our subscription based News service with in-depth analysis, or our authoritative Guides to France.
If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.
