Form 2091 is the tax declaration that your client (the seller) must complete when selling jewelry or a watch worth more than €5,000. Here is a practical guide to help you inform your clients and secure your transactions. Who must complete form 2091? It is always the seller (your […]
When your client sells jewelry or a watch for more than €5,000, they have a choice between two tax regimes: the flat-rate tax (form 2091) or the capital gains tax (form 2092). The choice depends primarily on the supporting documents the client can provide. Option 1: the flat-rate tax […]
Short answer: Yes, provided your activities include the resale of these metals or second-hand items within the HBJOAT sector. Explanation: The activity of buying gold and precious metals can cover two distinct aspects: Pure buyback (acquisition): if you buy solely to resell in the form of raw materials (ingots, etc.)
Short answer: Yes, pre-owned watches are taxable under the HBJOAT tax if you resell them as part of your business activity. Why are pre-owned watches taxable? Watches and horological items are among the products covered by the HBJOAT tax (the "H" in HBJOAT stands for […]
Short answer: Yes. Self-employed (micro-entrepreneur) status does not exempt you from paying the HBJOAT tax. Liability depends on your activity, not your legal structure. Legal status does not change the obligation. The HBJOAT tax applies to any individual or legal entity whose primary activity falls within the HBJOAT sector, regardless of their legal status.
Short answer: Yes. As a designer who sells jewelry under your own brand—even if you outsource all manufacturing to workshops—you are considered the economic manufacturer and are liable for the HBJOAT tax. Why is the designer subject to this tax even without manufacturing the jewelry themselves? The HBJOAT tax does not […]
Short answer: Yes, as a manufacturer distributing your products in France, you are subject to the HBJOAT tax. Are manufacturers liable? Yes. The HBJOAT tax applies to both manufacturers and distributors. If you manufacture or have manufactured jewelry articles in France or the European Union and […]
Short answer: No, services (repair, maintenance, servicing) are not subject to the HBJOAT tax. Only sales of products within the HBJOAT sector are taxable. What is taxable and what is not? ✅ Sale of new or used watches: taxable at a rate of 0.19 % ✅ […]
Short answer: No. Wholesale and trading—that is, the resale of goods as is between professionals—are not subject to the HBJOAT tax. What is a trader for the purposes of the HBJOAT tax? A trader is a company that buys jewelry or HBJOAT items from manufacturers or […]
Short answer: In a consignment sale, it is the seller (the consignee who makes the sale) who is liable for the HBJOAT tax, not the consignor. How does consignment sales work? In a consignment sale contract: The consignor (owner of the jewelry) entrusts the item to a professional to sell on their behalf. […]
Short answer: No. Retail sales of costume jewelry are not subject to the HBJOAT tax. What is costume jewelry? Costume jewelry consists of decorative items made from non-precious materials: base metal (steel, brass, zamak, aluminum), plastic, resin, wood, fabric, etc. They are distinct from fine jewelry […]
Short answer: Yes, if your main business is selling new jewelry in a shop, you are subject to the HBJOAT tax. Why does this apply to you? As a retailer selling products within the HBJOAT sector (jewelry, jewelry, silverware) in France, you fall into the category of distributors […]
Short answer: It depends on the exact nature of the stones and how you market them. Are precious stones taxable? Yes, precious and semi-precious stones (natural, synthetic, or reconstituted) are among the products covered by the HBJOAT tax, provided they are sold as such for purposes […]
Short answer: Yes, the sales channel (physical store, online, marketplace) has no impact on liability for the HBJOAT tax. Is online sales treated differently? No. The HBJOAT tax applies to all sales of taxable products within France, regardless of the distribution channel used. Whether you sell […]
What is the HBJOAT tax? The HBJOAT tax (Watchmaking, Jewelry, Goldsmithing, Silversmithing, Tableware) is a sector-specific tax allocated to the public service of Francéclat, the industry's professional organization. It funds economic development, training, innovation, and promotional activities for the HBJO sector in France. Established by law, it […]
Yes, in some cases, your client may be completely exempt from the flat-rate tax on precious objects. Here are the two exemption situations to be aware of. Exemption 1: Sale to a public body. Sales made to certain public bodies are automatically exempt from the flat-rate tax. These include: National Museums […]
Where to file? Filing and payment of the HBJOAT tax is done exclusively online on the teletaxe.fr platform, managed by Francéclat. You must first create a professional account on this website. How often is it due? The filing frequency depends on the annual amount of tax you generate: Quarterly filing: […]
What are the penalties for non-compliance? Failure to comply with HBJOAT tax obligations can have several consequences for your business. Incomplete or insufficient declaration: If you under-declare your taxable turnover (intentionally or by mistake), you risk an audit including the recovery of the tax due, plus […]
When you buy back a watch from a private individual, it is your client (the seller) who is liable for the flat-rate tax on precious objects. As a jeweler, it is important to clearly inform your client of their tax obligations at the time of the transaction. The tax only applies if […]
When buying back a gold piece of jewelry (ring, bracelet, necklace, etc.), the applicable tax rate depends on the exact nature of the item. It is crucial to distinguish between two categories: gold jewelry and raw gold. This distinction determines the flat tax rate your client will have to pay. Case 1: the […]
Gold and silver coins are subject to specific taxation, different from that of jewelry. They are classified as precious metals, which implies stricter rules than for jewelry or watches. Which coins are affected? Those considered precious metals, and therefore subject to […]
Article L.561-2 of the French Monetary and Financial Code (CMF) Pursuant to Article L.561-2 of the French Monetary and Financial Code, professionals in the jewelry and precious metals sector are subject to anti-money laundering and counter-terrorist financing (AML/CFT) obligations in the following cases: 11° — person who […]
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