France vs. USA: The CEO’s Role Can Be Quite Different!

I thought it’d be fun to compare a few surprising differences between the French and American systems. 😲

📱 CEO Responsibility: In France, a CEO can be personally held accountable for what happens on their platform.

In the U.S.? Not so much. Thanks to legislation like Section 230, the company takes the heat, not necessarily the person in charge.

👉 That’s what Pavel Durov, Telegram’s founder, recently found out the hard way in France.

💼 Payroll Taxes: If you’re a U.S. company, you might be in for a shock when you come to France.

Social contributions can run as high as 45% of the gross salary! In the U.S., things are more flexible with much lighter costs. 💸
🚫 Firing Employees: In France, there’s no such thing as firing on the spot.

You need a valid reason, follow procedures, and provide severance pay.

In the U.S.? It’s simpler. You can often let employees go “at will” (as long as it’s legal, of course).

Just a quick glance at the cultural and legal differences between our two worlds.

🌍 It’s something to keep in mind for any entrepreneur trying to navigate both markets!