France collection profile

France-bnr

 

Collecting in France

  • The payment behavior of domestic companies is good but does have some margin for improvement as the average DSO does not match the standards set forth in recent regulations stringently transposing EU payment standards into domestic law.
  • French courts are fairly efficient in dealing with disputes in a timely manner.
  • The law in France provides for a complete set of restructuring proceedings when a company is facing financial difficulties, however, when liquidation proceedings are opended, the chances of collecting debts are very low.

 

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    France

    France

    Collection complexity

    notable-2

    Collection relating to

    Payments
    $-1
    Court
    proceedings
    Gav-2
    Insolvency
    proceedings
    Arrow-2

     

     

    Publications about France

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