Set up of the FEF status:
1. Neteem Solutions will create your FEF status with the CNFE (Centre National des Firmes Etrangères) and then we have to wait around 2-3 weeks for the SIRET registration number to be issued for your FEF status.
2. In the meantime, we will work together on a model bilingual employment contract for your employees, in accordance with French social law, and the specifics of your activity . The employee can start working as soon as the employment contract is signed, and we have declared his hiring to the French authorities.
3. Once the SIRET number is received, we will register the company and employees with the various benefit funds (Social Security, unemployment benefits, supplementary pension, life &disability coverage (prévoyance), supplementary health insurance (mutuelle) and occupational health centre (for the hiring medical examination).
4. We will set up your payroll, and, once we receive the variable elements for the month (absences, holidays, bonuses, etc), we will be able to provide you with the monthly payslips, as well as instructions for payment of the net salary.
5. After the end of each month, we close your payroll, make the declarations and send you the accounting report and instructions for the payment of contributions. Contribution payments will be made by you either from a SEPA-compliant bank account (via direct debit) or by wire transfer to the appropriate benefit funds.
6. We are available throughout the life of your employees’ employment contract to assist you with any questions you may have.
Advantages of the FEF status:
- Compliance : your employee is declared and employed in total compliance with French law, and receives the same benefits as any other French employee
- Corporate image : your employee is directly employed by your company, and can represent it directly (rather than via a PEO structure)
- Quick setup : you can start employing people tomorrow if necessary, we will just need some basic information to be able to declare your employees the day before their hire
- Easy to manage : all payroll & declarations are prepared by Neteem Solutions; you manage just the payments of net salary and the contributions