Young Innovative Company: ACOSS reverses its position

In our June 24 issue, we announced the publication by ACOSS of a June 22 circular limiting exemptions from employer contributions for JEIs to employees spending at least 50% of their time on research and development activities.

On October 20, 2015, URSSAF issued a press release announcing the publication of circular no. 2015-0000048, which cancels and replaces the circular of June 22: “The amendments concern the exemption available by law to employees insofar as the performance of their duties leads to direct involvement in the research and development project. As this level of involvement is not explicitly specified in the texts, it should be interpreted fairly and equitably”.