Self-employed manager's pay: is there a payslip?
A majority manager of a French SARL, or a shareholding manager of an EURL under the self-employed scheme, receives NO payslip — and need not produce one. A payslip is an employer's duty towards an employee, and such a manager is neither an employee nor covered by the general social security scheme. What evidences their pay is the decision setting it: the articles of association or a shareholders' minute, plus the accounting entry and the transfer.
Up to date for 2026 — verified on September 6, 2026ActioFin templateGuide: about 15 min
This content is part of the path: Choosing my status and paying myself· Step 9 of 12· Next step: URSSAF contributions for the self-employed
Deadlines
- When pay is decided
- Pay is set by the articles of association or, more often, by an ordinary general meeting recorded in minutes. In an EURL, the sole shareholder's decision goes into a stamped and initialled register.
- In spring, with the income tax return
- There is no longer a separate social return: the income forming the contribution base is entered in the social section of the 2042 and 2042-C-PRO return, then transmitted automatically to the Urssaf.
- Retention: 10 years
- Accounting records and supporting documents are kept for ten years from the close of the financial year.
Documents to prepare
- Share ownership, including the spouse's and minor children's shares
- General meeting minutes or articles setting the pay
- Stamped and initialled register of the sole shareholder's decisions (EURL)
- Accounting entry for the expense and evidence of the transfer
No form is attached to this procedure: the link leads to the official page that describes it.
What you get
- The document as a PDF, ready to print and sign.
- The same document in Word (.docx), so you can edit it before signing.
Free, no account and no email address.
The generated document is written in French — the language the receiving French authority expects. This page is in English; the document itself is not translated.
Generate your document
Free. The document is generated on demand: your entries are not recorded in any of our databases and are only used to produce it. They travel in the request body, never in the page address.
All fields are required unless marked “optional”.
A draft is a file you save wherever you like, just like the document itself: we keep no copy of it and nothing is left in your browser. When signed in, you can also save it to your space to pick it up later — only if you ask.
Document preview, updated as you type
PROCÈS-VERBAL DE L'ASSEMBLÉE GÉNÉRALE DES ASSOCIÉS — FIXATION DE LA RÉMUNÉRATION DU GÉRANT
…, SARL — SIREN … — siège social : ….
Le …, à …, les associés de la société se sont réunis en assemblée générale sous la présidence de ….
Associés présents ou représentés : …
Résolution unique — rémunération du gérant
L'assemblée fixe la rémunération de …, gérant, à … par mois, à compter du ….
Modalités : …
Cette rémunération est comptabilisée en charge de la société et versée par virement. Le gérant, relevant du régime des travailleurs indépendants, ne reçoit pas de bulletin de paie ; il déclare cette rémunération au titre de l'article 62 du code général des impôts.
Cette résolution est adoptée à l'unanimité des associés présents ou représentés.
De tout ce que dessus, il a été dressé le présent procès-verbal, signé par la gérance.
Fait à …, le …
Signature
Document drafted by ActioFin; it carries no legal standing before the tax authorities. Read it through and adapt it to your situation before signing.
This document is signed by hand, after printing: we do not offer electronic signature. Only a qualified electronic signature, issued by a certified provider, carries the same weight as a handwritten one (eIDAS regulation). A mere click would not — and letting you believe otherwise would expose you the day a body challenges it.
Who this applies to
- The majority manager of a SARL, alone or as part of a management board: majority means MORE than half the shares, and the shares of a spouse, civil partner and minor children count as theirs.
- The shareholding manager of an EURL, and partners in a société en nom collectif.
- Conversely, a minority or EQUAL-SHARE manager, and a non-shareholding EURL manager, are treated as employees: they do receive a payslip, and the company reports them through the DSN social return.
Worked example
Example: Farid holds 30% of his SARL, his wife 25%
Farid is the manager and holds 30% of the shares. At first sight he is a minority manager and should receive a payslip. But his wife holds 25%, and a spouse's shares count as the manager's: Farid is therefore a majority manager at 55%, falls under the self-employed scheme, and has neither a payslip nor deducted contributions. His pay is set by a shareholders' minute, booked, transferred — and declared in spring on his 2042-C-PRO. A firm that had produced a payslip for him would have manufactured a document with no legal existence.
How to fill it in, step by step
- First check your status: more than half the shares, counting those of the management board, the spouse, the civil partner and minor children. At exactly 50%, management is NOT a majority.
- Have the pay set by an ordinary general meeting, or by the articles if you accept their rigidity.
- Record the decision: minutes signed by the management in a SARL, stamped and initialled register of the sole shareholder's decisions in an EURL.
- Book the expense and pay it: the minutes evidence the amount, the entry evidences the payment.
- Declare the income in spring in the social section of your personal return: it feeds both the tax and the contributions.
The form, line by line
- Assessing the majority
- More than half the capital, adding the shares of the management board, the spouse, the civil partner and minor children. The common « at least 51% » formula is imprecise and pushes borderline cases the wrong way.
- Shareholders' minutes
- They state the date and place of the meeting, the identity of the chair and of the shareholders present, the text of the resolutions and the outcome of the votes. They are drawn up and signed by the management.
- Sole shareholder's register (EURL)
- Decisions taken in place of a general meeting are recorded there. A decision taken in breach of that duty may be annulled at the request of any interested party.
- Social section of the 2042
- It replaced the self-employed social return: one return now serves both tax and contributions, and the tax administration passes the figures to the Urssaf.
Good to know
- Article 62 of the tax code aligns the income tax computation with that of salaries — the 10% flat deduction or actual expenses, deductible contributions. It is a rule of COMPUTATION, not a reclassification as an employee: that is where the payslip confusion comes from.
- In an EURL that has stayed under income tax, article 62 does NOT apply: sums drawn are neither deductible nor taxable on that basis — they are drawings on profit already taxed on the shareholder. Article 62 only applies where corporation tax has been opted for.
- There is no withholding at source on this pay but an INSTALMENT taken from the director's personal account: a second reason why there is nothing to put on a payslip — no deducted contribution, no withheld tax.
- The pay is deductible for the company only if it matches actual work and is not excessive given the service rendered. Failing that, it leaves the scope of article 62 and is taxed as distributed income.
- Combining a corporate office with an employment contract requires subordination, which is impossible when you hold the majority — hence the absence of unemployment cover.
Common mistakes
- Having a « manager's payslip » drawn up: the document has no legal existence, and it shows two columns that do not exist — deducted contributions and withheld tax.
- Using a 51% threshold: it is MORE than half, and at exactly 50% management is not a majority, so the manager reverts to employee-like status with a payslip.
- Forgetting the shares of the spouse, civil partner and minor children when assessing the majority.
- Paying without a prior decision: with no minutes, nothing evidences the amount.
- In an EURL under income tax, assuming article 62 applies: that stacks a document that does not exist on a category of income that does not exist in that case either.
Frequently asked questions
Must a majority manager have a payslip?
No. A payslip is the document an employer hands to salaried persons when paying wages. A majority manager is not an employee, is not covered by the general scheme, and therefore has neither an employer nor a wage within the meaning of the Labour Code.
What replaces the payslip?
The decision setting the pay: articles of association or ordinary general meeting minutes in a SARL, stamped and initialled register of the sole shareholder's decisions in an EURL. Plus the accounting entry and the transfer. The minutes evidence the amount, the entry evidences the payment.
Where is the income forming the contribution base declared?
In the social section of the 2042 and 2042-C-PRO income tax return. The self-employed social return no longer exists: the figures are transmitted automatically to the Urssaf once the tax return is validated.
From what percentage am I a majority manager?
Above half the capital, that is half plus one share. At exactly 50%, management is said to be equal-share and is NOT a majority: the manager is then treated as an employee. The shares of all co-managers are added together, as are those of the spouse, civil partner and minor children.
Are dividends subject to contributions?
For a majority manager, the part of distributed income exceeding 10% of the share capital, of share premiums and of sums held on the shareholder's current account enters the contribution base. The current-account balance used is the average of the monthly average balances over the year.
Go further
Compute the related amounts
Understand this form: the related course
Official sources
- Légifrance — Labour Code, articles L3243-1 and L3243-2: when paying wages, the employer hands salaried persons a supporting document called a payslip — September 6, 2026
- Légifrance — Social Security Code, article L311-3, 11°: managers of SARLs and SELARLs fall under the general scheme provided they do not together hold more than half the share capital — September 6, 2026
- entreprendre.service-public.gouv.fr — Social status of the director (sheet F38152, verified 25 June 2026): list of self-employed directors and of directors treated as employees — September 6, 2026
- entreprendre.service-public.gouv.fr — Director's pay (sheet F36065, verified 26 April 2024): pay set by the articles or by an ordinary general meeting, recorded in minutes — September 6, 2026
- Légifrance — Commercial Code, article L223-31: decisions of the sole shareholder taken in place of a general meeting are recorded in a register; those taken in breach may be annulled at the request of any interested party — September 6, 2026
- Légifrance — French tax code, article 62: pay of majority SARL managers that have not opted for the partnership tax regime, taxed to income tax in the name of the recipients — September 6, 2026
- bofip.impots.gouv.fr — BOI-RSA-GER-10-10-10: where shares are exactly equal, management must be regarded as not being a majority; shares of the spouse, civil partner and minor children count as the manager's — September 6, 2026
- bofip.impots.gouv.fr — BOI-RSA-GER-10-10-20 (23 November 2022), §§ 80 and 120: an EURL falls within article 62 only where the shareholder is a natural person AND corporation tax has been opted for — September 6, 2026
- impots.gouv.fr — Filing arrangements: the income forming the base of social contributions is entered in the 2042 income tax return, then transmitted automatically to the Urssaf — September 6, 2026
- Légifrance — Social Security Code, article L131-6: distributed income enters the contribution base for the part exceeding 10% of the share capital, share premiums and sums held on the shareholder's current account — September 6, 2026
Guide and document provided for information purposes only; they do not constitute personalised legal or tax advice. Check the recipient organisation's requirements and consult a professional if needed.