PARTICIPATORY SECURITIES
An efficient and safe way to invest
Participating securities are an investment whose rules and remuneration are contractualized. For partners and investors this forms the basis of trust in this financial system.
Participating securities are an investment whose rules and remuneration are contractualized. For partners and investors this forms the basis of trust in this financial system.
A contractual investment
Rémunération structurée
They guarantee an annual remuneration as well as a repayment bonus at term. The remuneration can be calculated according to a multitude of parameters (turnover, profit, etc.) and can be fixed, variable, with a guaranteed minimum, etc.
Legal duration of
7 years old
Participating securities have a minimum legal duration of 7 years at the end of which the startup can repay them. They are not amortizable but can be transferred.
Participating securities guarantee an annual remuneration in addition to a substantial bonus upon exit. The ROI over the entire period of the security is therefore an extremely competitive investment, often around 50%.
6% annual minimum for any subscription
before December 15, 2024
SCIC Turbo Cereal France is launching its offering of participating securities, open for subscription until December 15, 2024.
These securities, issued at a nominal value of 500 euros, offer investors an attractive annual return. The fixed portion of the remuneration is set at 6% per year . In addition, a variable portion may be added, based on the financial performance of the SCIC, assessed on the basis of the turnover for year N-2.
This variable portion can reach up to 1.50%, under certain turnover threshold conditions, but will not be applied for the year 2025. The offer imposes a minimum subscription amount of 15,000 euros, i.e. the purchase of 30 participating securities . These securities are intended to be held for a minimum period of seven years, after which they can be repaid, subject to a decision by the SCIC. This reimbursement includes a premium, guaranteeing a minimum internal rate of return (IRR) of 6% gross, compensating for any shortfall in annual remuneration.
Due to the absence of a secondary market, the liquidity of these securities is limited, which means that their resale could prove difficult outside the cooperative's internal channels. Participatory securities are subordinated, which implies that in the event of liquidation of the SCIC, they will be repaid after the other creditors. This characteristic increases the risk, but also the potential for gain for investors.
The annual remuneration of the participating securities, as well as any redemption premium, are expressed in gross amounts, without taking into account the taxes and levies applicable in the country of residence of the issuer or holder.
In France, these incomes are subject to the tax regime for fixed-rate bonds, i.e. a Single Flat-Rate Levy (PFU) of 30%, including an income tax of 12.8% and social security contributions of 17.2%. Investors can, however, opt for the application of the progressive scale of income tax when filing their tax return, instead of the flat rate.
And still the possibility of benefiting from 18 to 25% tax reduction on your 2024 income
In addition to participating securities, you can also subscribe to the shares of SCIC Turbo Cereal France. You will then benefit from a tax reduction.
Indeed, thanks to the extension of the IR-SIEG system, subscriptions made until December 31, 2024 allow you to benefit from a tax reduction of 18 to 25% of the amount invested. This advantageous rate has been extended until 2025, highlighting the importance of supporting solidarity initiatives and essential sectors such as keeping farmers active.
Shares, although generating only a low annual return, offer this tax advantage which can be particularly interesting for investors seeking to optimize their taxes while contributing to a social cause.
