[{"data":1,"prerenderedAt":25},["ShallowReactive",2],{"blog-post-faq-the-answers-to-your-questions":3},{"id":4,"category":5,"author":9,"title":12,"subject":13,"slug":14,"excerpt":15,"content":16,"thumbnail":17,"image":18,"publishedAt":19,"updatedAt":20,"rich_content":21},304,{"id":6,"name":7,"slug":8,"position":6},2,"Practical information","informations-pratiques",{"id":10,"name":11},22,"Victor Nivet","FAQ: the answers to your questions","Do you have any questions about how ClubFunding works? We've put together a list of questions and answers to help you better understand how the platform works.","faq-the-answers-to-your-questions","*Do you have any questions about how ClubFunding works? We've put together a list of questions and answers to help you better understand how the platform works.*\n\nFor further information, please conta...","*Do you have any questions about how ClubFunding works? We've put together a list of questions and answers to help you better understand how the platform works.*\n\nFor further information, please contact us at: contact-europe@clubfunding.eu\n\n## REGISTRATION\n\n\u003Cdetails>\n\u003Csummary>How do I register on the ClubFunding platform?\u003C/summary>\n\u003Cbr>\nIt's as simple as that:\n\n* Go to www.ClubFunding.fr, then click on the \"registration\" tab in the top right-hand corner;\n* Complete the required fields and submit the registration request;\n* Click on the activation link you received by e-mail.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>My investor profile: individual or legal entity?\u003C/summary>\n\u003Cbr>\nOnce you have activated your account from the e-mail you received:\n\n\t* Select your profile type: natural or legal person;\n\t* Complete the required fields;\n\t* Finally, submit the registration request.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>What documents do I need to provide when I create my account?\u003C/summary>\n\u003Cbr>\n\n**If you are an individual investor:**\n\n* An identity document; \n* Proof of address less than 3 months old; \n* A bank details form.\n\n**If you are a corporate investor:**\n\n* A K-Bis certificate less than 3 months old; \n* The latest balance sheet and income statement;\n* A certified copy of the company's articles of association;\n* An identity document; \n* Bank details.\n\n**Worth knowing:**\n\nAccess to the various projects in progress is only possible after validation of the profile. Validation takes place systematically after receipt of the supporting documents according to the type of profile (individual investor or legal entity).\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How can I invest?\u003C/summary>\n\u003Cbr>\n\t\n* Log in to your investor area;\n* Go to the project at the exact time the fund is opened;\n* Click on \"Invest\";\n* Select the number of bonds/shares you wish to invest in and check the nominal value, i.e. €1,000 per bond and €1 per share;\n* Confirm your subscription by signing the electronic form.\n\n**Note:**\n\nThe subscription can only be validated if the project is underway.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How do I transfer funds from my bank to my investor account?\u003C/summary>\n\u003Cbr>\nAt ClubFunding, it is not necessary to make a bank transfer when subscribing. We proceed by direct debit from the bank details provided in your investor area. Following your electronic signature, we give you authorisation to withdraw the funds.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>Is there a system for automating subscriptions?\u003C/summary>\n\u003Cbr>\nNo, to take part in a project you have to be online at the exact time the fundraising campaign opens and subscribe.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How can I find out when new projects are available?\u003C/summary>\n\u003Cbr>\nTo be kept informed when new projects are put online, we invite you to join the Club and subscribe to \nour communications.\n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n## COUPONS\n\n\u003Cdetails>\n\u003Csummary>When are coupons paid out?\u003C/summary>\n\u003Cbr>\nCoupons are paid between the 7th and 10th of each month.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>Why haven't you received your coupons?\u003C/summary>\n\u003Cbr>\nThere are several reasons why coupons may not be paid: \n\n* In fine coupon payments; \n* Failure to receive funds from the operator on the due date, thereby extending the time taken to pay out coupons. \n\nRegularity of payment : \nMost projects are paid out on a monthly basis. Depending on the terms of the issue contract, payment may also be quarterly or in fine. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>What is a \"bullet coupon payment\"?\u003C/summary>\n\u003Cbr>\nCoupon payments are made at the end of the project. All the monthly coupons from the issue date to the end of the project are paid at maturity, when the capital invested is repaid.\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How are coupons calculated?\u003C/summary>\n\u003Cbr>\n\t\n**Variables:**\n\nRate (R)\nTerm (t)\nOutstanding principal (C)\nNumber of bonds subscribed (n)\nInterest (i)\n\nCalculation per bond: i = R x C / t\n\nTotal interest paid = i x n\n\n**- Note that one year = 12 months of 30 days. i.e. 360 days**.\n\n* The calculation of the first monthly payment is prorated from the issue date.\n\n**Example**\n\nData: \nCapital invested: C = €5,000 i.e. 05 bonds\nRate: r = 10 \nTerm: t = 24 months. 1 year = 12 months = 360 days\nIssue date = 13/07/2023 \n\nCalculation of first coupon (September 2023)\n**25 days** from 13/07/2023 to 07/08/2023 \n**30 days** from 07/08/2023 to 07/09/2023. i.e. **55 days**\n\nThe calculation is as follows: \nI = 10% x €1000 x 55 / 360 = €15.27 i.e. **€76.35 gross interest** for **05 bonds**.\n\n**Another example:**\n\nFor an issue taking place on 12/10/2021, with the first coupon payment due on 07/12/2021, i.e. a subscription for a **12-month** bond with an interest rate of **9%**.\n\n**Principal outstanding** = €1,000\n\n**Interest rate** = 9%. \n\n**Term** = 12 months = 360 days\n\n**26 days from 12/10/2021 to 07/11/2021, 30 days from 07/11/2021 to 07/12/2021, i.e. 56 days**.\n\n* **The calculation is as follows**\n\nI = 9% x €1,000 x 56 / 360 \n\nInterest = €14 gross interest\n\n**If the investor has invested in 5 securities, they will receive: 14 x 5 = €70 gross interest**.\n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n## TAXATION\n\n\u003Cdetails>\n\u003Csummary>How is ClubFunding taxed?\u003C/summary>\n\u003Cbr>\nClubFunding applies the flat tax system. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>What is \"Flat Tax\"?\u003C/summary>\n\u003Cbr>\n\t\nAlso known as the \"prélèvement forfaitaire unique\", the **flat tax** is a single tax applied to capital income. It is equal to **30%** of interest income and is made up of **17.2%** social security contributions and **12.8%** income tax. \n\nFor more information, please visit our [blog](https://www.clubfunding.fr/blog#all) and read our [article](https://www.clubfunding.fr/en/article/property-crowdfunding-what-is-the-tax-treatment-for-individuals) dedicated to taxation. \n\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>When does interest start to accrue?\u003C/summary>\n\u003Cbr>\nInterest accrues from the date of issue of the bonds. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How are cross-border residents taxed?\u003C/summary>\n\u003Cbr>\nThe rate applied to cross-border residents is 20.3%. Social security contributions of 17.2% are reduced to 7.5% following exemption from CSG (9.20%) and CRDS (0.5%).\n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How are French non-residents taxed?\u003C/summary>\n\u003Cbr>\nThe tax applied to non-tax residents depends on the tax treaty between the country of residence and France. In most cases, no tax is applied. Interest is paid gross of tax. If your tax residence is in a country other than France, you are responsible for making the tax declaration in your country of taxation. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>What are the conditions for exemption from withholding tax?\u003C/summary>\n\u003Cbr>\nTo qualify for exemption from the compulsory 12.8% flat-rate levy on income paid during the previous year, the application for exemption must be made before 30 November of the current year. The tax household's reference income for the previous year must be less than the amount stipulated in article 125 A of the CGI (General Tax Code):\n\n* Less than €25,000 for a single, divorced or widowed person\n* Less than €50,000 for a married or civil union couple. \n\nYou can find the form in the section **\"profile and documents \"** in your investor area.\n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n\n## SPONSORSHIP\n\nFor more information, please visit our [blog](https://www.clubfunding.fr/blog#all) and read our [article](https://www.clubfunding.fr/en/article/sponsor-your-friends-and-family) dedicated to the sponsorship bonus. \n\n\u003Cdetails>\n\u003Csummary>Is it possible to accumulate referrals?\u003C/summary>\n\u003Cbr>\nIt is possible to accumulate sponsorships, provided that the various requests are made when the sponsorships are first taken out. \n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n\n## REPAYMENT\n\n\u003Cdetails>\n\u003Csummary>What is an In Fine repayment?\u003C/summary>\n\u003Cbr>\nRepayment is said to be In Fine when the capital invested is repaid at the end of the project. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>Can partial or total repayment be made early?\u003C/summary>\n\u003Cbr>\nIn fact, partial or total repayment can be brought forward by an operator. \n\u003C/details>\n\u003Cbr>\n\u003Cdetails>\n\u003Csummary>How is interest calculated on partial repayments?\u003C/summary>\n\u003Cbr>\nInterest is calculated firstly on the outstanding capital (C1) until the partial repayment, and secondly on the new outstanding capital (C2). \n\n**Case study**\n\nData : \nCapital invested: C = €5,000 i.e. 05 bonds: note that one bond has a nominal value of €1,000. \nInterest rate: t = 10%. \nTerm: t = 24 months, 1 year = 12 months = 360 days \nIssue date = 13/06/2023 \n\n**September 2023 coupon calculation\n30 days from 07/08/2023 to 07/09/2023. i.e. 30 days **.\nThe calculation is as follows:\nI = 10% x €1,000 x 30 / 360 = €8.33, i.e. **€41.65 gross interest** for **5 bonds**.\n\n**Partial repayment of the project on 21/09/2023**. \nCapital initially invested: C1 = €5,000\nRepayment rate: 98.43% of the amount raised, i.e. €984.36 per bond \nPrincipal repaid = €984.36, i.e. €984.36 x 5 = **€4,921.80 principal repaid**.\nOutstanding capital at 21/09/2023 = €1,000 - €984.36 = **€15.64 for one bond** i.e. **€78.20 for 5 bonds. Outstanding capital : C2 = 78,20 €**\n\n**October 2023 coupon calculation:**\n**14 days** from 07/09/2023 to 21/09/2023 - **Coupon calculation before partial redemption** \nThe calculation is as follows: \nI = 10% x €1,000 x 14 / 360 = €3.89, i.e. **€19.45 gross interest** for **5 bonds**.\n\n**16 days** from 21/09/2023 to 07/10/2023 - **Coupon calculation after partial redemption** \nThe calculation is as follows:\nI = 10% x €15.64 x 16 / 360 = €0.07, i.e. **€0.35 gross interest** for **5 bonds**.\n\n**For the October payment you received: €19.45 + €0.35 = €19.8 gross interest**.\n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n## SELECTION\n\nTo find out how ClubFunding projects are selected, [click here](https://www.clubfunding.eu/en/article/project-selection-procedure).\n\n\n\n## CONSULTATIONS\n\nFor more information, please visit our [blog](https://www.clubfunding.fr/blog#all) and read our [article](https://www.clubfunding.eu/en/article/explanatory-note-on-investor-consultation-procedures) dedicated to consultations. \n\n\u003Cdetails>\n\u003Csummary>How are investors consulted?\u003C/summary>\t\n\u003Cbr>\nTo validate any changes or measures to be taken in relation to your investment, you will be consulted in writing by email at 2 p.m. on Fridays, notifying you that \"consultations are available in your monitoring area\". \n\t\u003Cbr>\nYou will then have access to the following documents in your project monitoring space, in particular :\n\t\n- a legal document entitled \"Convocation\", which sets out :\n\n\t(i) all the elements of the case and the context of the negotiations ;\n\t\n\t(ii) the deadline by which you must vote (5 to 8 working days, depending on the case) ;\n\t\n\t(iii) the rules relating to majority (2/3) and quorum (1/5th) ;\n\t\n- any useful documents relating to the meeting are attached;\n\t\n- the draft resolutions of the decisions submitted to your vote; and a summary of the issues at stake in the consultation, including ClubFunding's contact details.\n\u003C/details>\n\u003Cbr>\n\u003Cbr>\n\n## PERSONAL DOCUMENTS\n\nFor more information on best practice for uploading your documents to the platform, please consult our [best practice guide](https://clubfunding.docsend.com/view/e2nqbf6w5353rxnc).","https://api.clubfunding.eu/storage/uploads/media/293/conversions/FauFgyjbwK0vmJ9cfCmHgT9146fAd8rMBzJEAGqL-thumbnail.jpg","https://api.clubfunding.eu/storage/uploads/media/293/FauFgyjbwK0vmJ9cfCmHgT9146fAd8rMBzJEAGqL.png","2023-12-20","2025-07-04T07:00:09.000000Z",[22],{"type":23,"data":24},"content",{"content":16},1780489922159]