It is a long-term investment because fluctuations in the value of shares or shares are virtually non-existent and each change in capital must be negotiated. This type of investment involves finding a company that accepts outside investors and being able to make a good estimate of the company in which to invest with Angel Investment .

There is indeed no guarantee regarding the protection of the invested capital, but moreover, the recovery date of the one is not fixed in advance. For a refund to be possible, it is essential that there is a candidate for redemption. The exit options are the transfer of the shares to another investor, the purchase of the company by another company or its IPO.

ISF and IR tax exemption

Investing in an SME allows for tax deductions under the Madelin and TEPA laws. Those liable for income tax (IR) deduct 18% of sums invested in the capital of French and European SMEs. SMEs eligible for tax benefits must meet the following criteria:

• Achieve a