I am looking to set up a Micro Bic. I have searched the forum and read most of the posts relating to this. I do have a couple of questions though. 1) The figure for 27000 Euros that is mentioned, is that turnover or profit (since there is a 38% fixed deduction made under this regime, so could turnover be as high as 37260?) 2) How are social contributions calculated under this regime? I take it that the figure they use for the calculation is the profit and not the turnover. e.g. Turnover 37260 profit after fixed deduction 27000