Our sector expertise
Pharmacy & Health Chartered Accountant
Accounting firm specializing in pharmacy, parapharmacy and healthcare professionals. Pharmacy management, VAT on medicines, ROSP, retrocessions. Hayot Expertise.
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Accounting firm specializing in pharmacy, parapharmacy and healthcare professionals. Pharmacy management, VAT on medicines, ROSP, retrocessions. Hayot Expertise.
Hayot Expertise supports community pharmacists, full and assistant pharmacists, parapharmacies and laboratories in their accounting and management. The pharmaceutical sector is one of the most regulated in France: multi-rate VAT, remuneration reform, ROSP, third-party payment… we control each parameter.
The community pharmacy applies 4 VAT rates:
Our firm secures your multi-rate VAT management to avoid any adjustment.
The reform of the remuneration of community pharmacists includes:
Profile:
Our support:
✅ Official expertise: 4-rate VAT, pharmacy accounting plan ✅ Acquisition/Disposal: More than 10 transactions supported ✅ Management: Connected pharmacy dashboard ✅ Social: Controlled pharmacy collective agreement
Pharmacy accounting firm
France's pharmacy market is heavily regulated — and highly valuable. The average Paris pharmacy (officine) sells for €800,000 to €2 million, while large urban pharmacies can exceed €4 million. Acquisition is almost always via an LBO structure: a SELARL purchases the business assets, financed by a professional bank loan (typically 7–10 year duration at 3.5–5% in 2026) with the pharmacy's trading cash flow servicing the debt.
Foreign pharmacist acquisition pathway: EU-qualified pharmacists can register with the Ordre des Pharmaciens (section D for community pharmacy owners) under EU directive mutual recognition. Non-EU pharmacists must go through the Commission d'Autorisation d'Exercice (CAE). Crucially, French law requires that community pharmacies be majority-owned by pharmacists actively practising within the pharmacy — pure financial investors cannot own more than 25%.
SELARL de pharmacien: the standard acquisition structure. Maximum external investor ownership: 25% (recently increased from 0% under loi DDADUE reforms). We structure SELARL pharmacy acquisitions end-to-end: shareholder agreements, Ordre application, bank financing documents, management accounts during the acquisition process, and post-closing financial integration.
📞 Request a discovery meeting - 58 rue de Monceau, 75008 Paris
Our guides and articles for pharmacies and health professions:
Working with an English-speaking pharmacist accountant removes the language barrier when navigating Ordre des Pharmaciens obligations, ROSP calculations, and SELARL acquisition financing. We advise both French-resident and non-resident pharmacists on the full financial lifecycle of a French pharmacy. Contact us for a free initial assessment.
Wherever you are in France, we deploy a 100% digital interface to deliver fast, highly-structured accounting and financial steering.
Samuel Hayot is a French chartered accountant and statutory auditor registered with the Paris professional bodies.
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