Fleet Handbook France
- Full Operational Lease
- Operating Lease
- Fleet Management
- Sale and Leaseback
- Motorbike Leasing
Service, maintenance and repairs, tyre management,insurance, gap insurance, roadside assistance, replacement car, short-term and mid-term rentals, fuel management.
- Minimum: 12 months/15.000 km per annum
- Maximum: 60 months/160.000 km in total
The leasing company is the owner of the leased vehicle and is responsible for its registration.
The vehicle registration document will list both Alphabet and the customer’s name (though Alphabet remains the title-holder). The cost of registration depends on the fiscal power of the vehicle and the area where the company is registered. For commercial vehicles (véhicules utilitaires), an additional parafiscal tax of €34,00 is applied to the Certificat d’Immatriculation.
To transfer the title of a vehicle previously registered in France, a new registration document (Certificat d’Immatriculation) must be obtained through the administration (Préfecture).
To transfer the title of a vehicle previously registered outside of France, the following is required:
- Identity card
- Proof of address
- Vehicle registration document
- Vehicle purchase invoice
- Document to obtain the new vehicle registratio document (Formulaire Cerfa N°13750*03)
To register a lease vehicle, Alphabet requires the following documents:
- The company’s identity card known as K-bis
- The vehicle invoice (which contains details such a model, chassis number, options, etc.)
- Manufacturer certificate of conformity
On average, the registration process takes approximately five working days.
The current VAT rate is 20%.
- Registration tax
Depending on C02 emissions and energy type, the administration calculates an additional tax (malus ecologique) or gives subsidies (bonus ecologique).
Ecological bonus scheme:
|CO2 emissions||Vehicle acquisition cost||Amount until 30/06/2021||Amount from 01/07/2021 to 31/12/2021||Amount from 01/01/2022 to 31/12/2022|
|> €45.000 ≤ €60.000||€3.000||€2.000||€1.000|
|EV (0-20g)||≤ €45.000||€5.000*||€4.000*||€3.000*|
|PHEV (21-60g)||< €50.000||€2.000||€1.000||€0|
*up to 27 of the acquisition cost.
|27% of the list price included discounts within the limit of €900.|
Ecological malus scheme:
|CO2 emissions||Amount||CO2 emissions||Amount|
|≤ 126 g||0€||167g||€4.050|
- Company car tax
(taxe sur les véhicules des sociétés – TVS)
All company cars registered in France (except light commercial vehicles, huge commercial vehicles, trucks, taxis, and other public service vehicles) are liable to this annual company car tax, which is paid at the end of each year.
This calculation depends on car registration date. For cars owned or bought after 1 January 2006, the amount is based on CO2 emissions (g/km).
|CO2 emissions (g/km)||Amount per year|
|51-100g||€2,00 per g|
|101-120g||€4,00 per g|
|121-140g||€5,50 per g|
|141-160g||€11,50 per g|
|161-200g||€18,00 per g|
|201-250g||€21,50 per g|
|> 250g||€27,00 per g|
For cars owned or bought before 1 January 2006, the amount is based on fiscal power (CV fiscaux).
|Fiscal power (CV)||Amount per year|
|< or = 3||€750,00|
For hybrid cars below 111g/km, an exemption of eight quarters of the company car tax is possible. For electric vehicles, they are totally exempted to the company car tax.
Companies that pay off their employees, because they use their private cars as company cars, are affected by the company car tax. In this case, the calculation respects the same rules as before and depends on the mileage of each employee.
|Mileage pay-off by the company||Company car tax|
- Air pollutants tax
First registration date Petrol, GNV, GPL,
Petrol HEV ≤ 110g
Diesel Diesel HEV
EV and LCV Before 31.12.1996 €70,00 €600,00 €70,00 €600,00 €0,00 From 1997 to 2000 €45,00 €400,00 €45,00 €400,00 €0,00 From 2001 to 2005 €45,00 €300,00 €45,00 €300,00 €0,00 From 2006 to 2010 €45,00 €100,00 €45,00 €100,00 €0,00 Since 2011 €20,00 €40,00 €20,00 €40,00 €0,00
- Reintegration of depreciation
This fee consists of reintegrating the amount of the depreciation (which is not tax deductible) into the taxable profits. It is currently calculated by taking the invoice price of the vehicle, subtracting the amount according to your C02 emissions ( see dashboard below), and then dividing the final amount by the lessor depreciation (60 months for Alphabet). Commercial vehicles are exempted from this fee.
|Lease year of
|2017||Vehicle emissions from
0 - 19g of CO2
|20 - 59g||60 - 155g||>155g|
|2018||0 - 19g||
20 - 59g
|60 - 150g||>150g|
|2019||0 - 19g||20 - 59g||60 - 140g||>140g|
|2020||0 - 19g||20 - 59g||60 - 135g||>135g|
|2021||0 - 19g||20 - 59g||60 - 130g||>130g|
VAT paid on the purchase price or lease rentals is not recoverable. However, for commercial vehicles and LCV (Véhicules Utilitaires), VAT is recoverable on financial and service rentals.
VAT is recoverable on the cost of petrol and diesel but with huge differences. For petrol cars, the customer can recover 10% of the VAT only for passenger cars. For diesel cars, the customer can recover 100% of the VAT on a commercial vehicle and up to 80% on a regular passenger car. For electricity, VAT is recoverable at 100% for passenger cars or commercial vehicles. Monthly lease payments
are treated as operating expenses and accounted for in the profit and loss account. The asset (leased vehicle) is capitalised on the books of the lessor.
Company car tax is charged for the private use of a company car. There are two methods of calculating this tax, from which each employer may select:
- Fixed assessment (FA) – two fuel options
- Actual cost
The table below describes the calculation for each method:
< 5 years
> 5 years
|FA Option 1
| 9% of list price
|6% of list price
|30% of total cost
(financing, service, insurance)
|FA Option 2
| 12% of purchase
|9% of purchase price||40% of total cost
(financing, service, insurance, fuel)
|Actual cost||20% of list price
incl. discount insurance,
|10.0% of list price
incl. discount insurance,
|Calculation basis (CB)
is the sum of the lease rentals,
insurance costs, maintenance
costs and private fuel costs
covered by the company
The company car tax calculation for operational lease under the actual cost method is as follows:
(CB x private mileage per year) / (total mileage per year)
For operational lease vehicles, company car tax has a ceiling equal to the company car tax of a newly purchased vehicle.
|Peugeot 3008 (6 CV-120 ch din-108 g/km)|
|Gross list price:||€27.850,00|
|Monthly lease rental:||€500,00 x 12|
|Insurance charges p.a.:||€1.000,00|
|Maintenance costs p.a.:||€400,00|
|Fuel costs for private use:||not paid by the company|
Therefore, the cost of the private use of a company car would be:
(30% x €7.400,00)/12 = €185,00
(but limited to the amount calculated for the fixed assessment).
However, the fixed assessment method for the same vehicle purchased would be:
(9% x €27.850,00)/12 = €208,88
In this example, €185,00 would be added to the employee’s monthly salary and taxed at their personal rate.
1 Avenue Edouard Belin
92 566 Rueil-Malmaison Cedex
|Phone:||+33 1 49049100|
Latest update: September 2017