Case studies：Olight
Olight, a pioneer in the mobile lighting industry, offers a diverse range of products including outdoor torches, EDC (Everyday Carry) torches, tactical lighting, mood lighting, headlamps, bike lighting and a variety of accessories. Committed to providing reliable mobile lighting tools, Olight aspires to enrich the experiences of outdoor adventure enthusiasts and modern-day explorers with exceptional lighting solutions.
Olight's establishment in France has revealed a number of complex challenges:
- Knowledge of Legal Regulations: A superficial understanding of French legal rules, making navigation of the regulatory landscape difficult and risky.
- Corporate Law: The need to quickly assimilate French corporate law to establish a viable and compliant business entity.
- Tax System: An introduction to the principles of French tax law, essential for the smooth running of the business and minimizing tax exposure
- Labor Law: Familiarization with French labor law, to align with local employee protection standards and employment practices.
Solutions and results
Our collaboration with Olight has produced tangible results:
Company creation: We guided Olight through the French legal maze, selecting the most strategic legal form for the creation of their company, ensuring a solid foundation for their operations.
Tax advice: Our experts deciphered the French tax code to identify Olight’s tax obligations and advise on tax optimization mechanisms, while ensuring full compliance with tax laws.
Social Structuring: We assisted Olight in drawing up employment contracts in line with French labor law, optimizing the company’s social structure for smooth integration into the local labor market.
Compliance and Optimization: In dealing with tax complexities, we not only resolved immediate issues but also put in place procedures to prevent future risks, enabling Olight to anticipate and proactively manage its tax liabilities.
Analysis and strategy: A detailed analysis of Olight’s tax situation enabled us to formulate strategic advice for successfully navigating the French tax landscape, strengthening their market position and ensuring sustainable growth.