TotalEnergies in New Caledonia and Wallis and Futuna
We are mainly active in New Caledonia and Wallis and Futuna through our retail activities. We are also a major player in the renewable electricity generation sector. We lead several community
COP 29 Update: Protecting Wallis & Futuna — Climate Risk in the
These newsletters reveal Wallis and Futuna''s heightened vulnerability as rising sea levels and extreme weather increasingly threaten its ecosystems and communities. Our findings applied
6 FAQs about [Wallis and Futuna pmc energy ltd]
How many employees does Wallis & Futuna have?
The employment rate is stable: 2,065 employees are registered on the books of the Wallis & Futuna social security office, including 60.6% public sector employees with, in addition, 381 government employees paying contributions to French social security offices. Wallis & Futuna has an essentially administered economy.
Does Wallis & Futuna pay taxes?
Wallis & Futuna has an essentially administered economy. Estimated GDP in 2005 totalled 150 million euros, i.e. €10,100 per year per inhabitant. The monthly minimum salary (SMIG) is 90,000 XPF (750 euros). Wallis & Futuna falls under a specific tax regime, the main feature of which is that there is no income tax, corporate tax or capital gains tax.
How is Wallis & Futuna based on economic data?
The Territory’s economic data is compiled each year in a report issued by the Institut d’Emission d’Outre-Mer (IEOM - central bank for French overseas territories). The Territorial Assembly has established priority sectors for Wallis & Futuna up to 2030, and is committed to ensuring strong backing for such sectors.
Is Wallis & Futuna a French territory?
As the French Territory located furthest from France, the archipelago of Wallis & Futuna has an economy and tax system which differ from those of other overseas collectivities.
How much XPF does Wallis & Futuna pay per month?
The monthly minimum salary (SMIG) is 90,000 XPF (750 euros). Wallis & Futuna falls under a specific tax regime, the main feature of which is that there is no income tax, corporate tax or capital gains tax. Territorial revenue is primarily indirect tax-linked (customs duties) and totals 2.5 billion XPF per year (around 208 million euros).
How to start a business in Wallis or Futuna?
Setting up a business in Wallis or in Futuna requires the following steps: publication of a notice in the Official Gazette; an entry in the Trade and Companies Register, which will issue the Kbis (Company Registration Certificate); registration at the License Office; and payment of fees to the Public Treasury.