Please see below for a summary of payment terms in France and the various industries across which payment term legislation appears. You can also download a summary of all French payment terms by clicking the button below.
Please click here to view payment terms for the European Union.
The French Commercial Code enacts the EU Late Payment Directive, with the Hamon Law and Sapin II Law updating this code over recent years. (see European Union for details).
In addition French law has stricter maximum terms and penalties administered through an ‘Ombudsman for Undertakings’. Payment terms cannot exceed 60 days from the invoice date. However, where both parties agree, the terms are not grossly unfair, and are expressly stated a maximum of 75 days is possible, being 45 days from the end of month following the invoice date. Various maximum terms for specific products including 30 days for perishable and frozen foods, alcohol and transport services, and 20 days for live cattle and fresh meat, among others.