Patronage must be without compensation (=donation)
It entitles you to a tax reduction of 60% of the payments
The amount of donations taken into account for the calculation of the reduction cannot exceed, over the same financial year, a ceiling of €20,000 or 0.5% of the annual turnover excluding tax of the donating company if this latter amount is higher.
SPONSORS
Sponsorship is financial or material support, in exchange for different forms of visibility (= advertising)
It is therefore necessary to draft a sponsorship contract which details the counterparties to be tax deductible.
The expenditure must be made in the interest of the company and must generate economic benefits
There is VAT on sponsorship invoices.
Expenses must not be excessive in relation to the expected consideration
In order to be able to participate in important international amateur tournaments and thus launch my professional career, each contribution as patron or sponsor will be welcome.
