Guide to Declaring 3916-BIS in France

This article is part of a series on the forms to declare in France. Please do not forget to also use our guide to declaring your capital gains in Forms 2042 C and 2086.

In France, you need to be aware of three separate forms. Form 3916-BIS to declare your cryptocurrency accounts and form 2042 C and 2086 to report your capital gains. In this article, we will cover Form 3916-BIS.

At the end of the article, we’ve provided a list of exchanges and their information to be filled into Form 3916-BIS.

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Which Crypto Accounts Must Be Reported

When preparing your tax declaration, understanding which crypto accounts need to be reported is crucial. Below are the key guidelines to help you determine which accounts fall under the reporting requirement:

Reporting Time Frame

• All custodial accounts that you’ve opened, closed, or used during the year you are declaring for must be reported.

• If you are declaring for the 2023 tax year, but have opened an account in January 2024, then that newly opened account does not need to be declared.

Custodial Accounts

• The obligation to declare applies to custodial accounts.

• Custodial Accounts are characterized by the fact that the platform has control over your funds.

• If you have a non-custodial account, where you hold the private key (e.g., Ledger), such accounts are not subject to the reporting obligation.

• If in doubt whether the service you use is a custodial account, you can look at the terms of service of the platform/wallet you use or reach out to their customer support.

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How to Declare Form 3916-BIS

Initial Steps

Access Online Declaration: Start by logging into the online tax declaration portal.

• First, click on Accéder à la déclaration en ligne, go through and confirm or update any details that are not related to cryptocurrencies.

Declaring Crypto Accounts

• Once you reach Étape 3 tick the box labeled 8UU for the option “Comptes ouverts, détenus, utilisés ou clos à l'étranger” (Accounts opened, held, used, or closed abroad)

• Click “Suivant” to be taken directly to the relevant annexed form for your crypto accounts.

For Previously Declared Accounts

• Review Pre-recorded Information: If you’ve declared crypto accounts in the past year using this form, they should be pre-recorded in the system.

• Confirm Continuing Accounts: Use the “report” function to confirm that these accounts are still active or in use this year. You should see a “report activé” notification.

• Account Quantification: Enter how many accounts you are declaring for.

For New or Unreported Accounts

• Provide Personal Details: If this is your first time, or if you have new accounts to declare, start by filling in your personal and identity information in box 1.

• Specify Account Type: In box “2: Nature du compte,” make sure to check the “compte d'actifs numériques” option.

• Detail Your Crypto Accounts: Finally, move to box 3 “Informations relatives au compte d'actifs numériques ouvert, détenu, utilisé ou clos à l'étranger” (Information relating to the digital asset account opened, held, used or closed abroad).

• From here, you need to enter a number of bits of information per exchange used.

Numéro du compte (Account Number)

• Description: This is your identification number on the exchange platform.

• How to Find It: Usually found on your profile dashboard. If no unique identifier is assigned, use the email address you used for account creation.

Date d'ouverture (Opening Date)

• Description: The date when you opened your account on the exchange.

• How to Find It: Refer to the confirmation email received upon opening your account.

Date de fermeture (Closing Date)

• Description: The date you closed your account, if it closed during the tax year.

• How to Find It: Look for the email that confirmed the closure of your account.

Désignation de l'organisme gestionnaire du compte (Designation of the Account Managing Organization)

• Description: The name of the company that owns the exchange platform.

• How to Select: Choose from a given list or select “Autre organisme” (Other organization) and enter the name if your platform is not listed.

Adresse de l'organisme gestionnaire du compte (Address of the Organization)

• Description: The physical address of the organization or exchange.

• How to Find It: Use CTRL + F on this page and enter the platform's name on this page. We have a list of exchanges and their (information relevant for 3916-BIS)[https://divly.com/en/guides/guide-declaring-3916-bis-crypto-france#list-of-exchanges] on this page.

URL du site Internet (Website URL)

• Description: The URL of the exchange’s official website.

• Example: “https://www.kraken.com/.”

For a wide variety of exchanges, we’ve provided this information in the section List of Exchanges with Address Information for Form 3916-BIS of this guide. Use Ctrl-F to find your exchange quickly. You can then Copy-Paste the information directly into the tax declaration portal.

Select which option applies to you

• Titulaire en propre du compte d'actifs numériques à l'étranger. (Direct holder of the foreign digital asset account.)

• Bénéficiaire d'une procuration sur le compte d'actifs numériques à l'étranger. ("Beneficiary of a power of attorney on the foreign digital asset account.)

Navigate to the section labeled "5. Usage du compte ouvert, détenu, utilisé ou clos à l'étranger": Here, you should select the checkbox that aligns with how you have used the account.

You’ve now completed your declaration for 3916-BIS. You’ve now successfully declared your accounts. You may now want to report forms 2042 C and 2086 for your capital gain transactions.

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FAQ

Are there fines for not reporting form 3916-BIS?

Yes, there are penalties for failing to declare a foreign crypto account. According to Article 1736 of the General Tax Code, not declaring such an account can result in a fine. The fine is set at 750 euros for each account not reported. Additionally, if the total value in the account exceeds 50,000 euros, the fine increases to 1,500 euros per account.

What if my foreign exchange is registered in France, do I have to declare them in 3916-BIS?

If a foreign crypto exchange platform is registered in France as a Digital Asset Service Provider (PSAN), even though its head office might be located abroad, it's not necessary to declare its foreign address to the French tax authorities as long as the funds are managed in France. If you are in doubt, check the drop-down menu for your platform. If they are listed there, then you must declare them.

What if I do not know the exact address of my exchange platform?

Knowing the country is sufficient if you are not able to determine the exact address of the exchange used.

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List of Exchanges with Address Information for Form 3916-BIS

Bibox

BIBOX TECHNOLOGY OÜ

Pille Tn 7/5, Tallinn, 10135

Estonie

https://www.bibox.com/

Binance

Binance Europe Services Limited

14 East, Level 5B,

Triq Tas-Sliema Gzira, GZR 1639

Malte

https://www.binance.com/

Bitcoin.com

Saint Bitts LLC

Nelson Springs Commercial Complex, Colquhoun Estate

Company Number L17015

Saint-Christophe-et-Nieves

https://www.bitcoin.com/

Bitfinex

iFinex Inc

Third Floor

Road Town, VG1110

Iles Vierges britanniques

https://www.bitfinex.com/

bitFlyer

bitFlyer EUROPE SA

121 Rue de Hollerich

L-1741, Luxembourg

https://bitflyer.com/

Bitget

BG Limited

Harbour Place GEORGE TOWN, Harneys Fiduciary Limited 4th Floor GRAND CAYMAN KY1 1205, TERRITOIRE DU RU Cayman Islands

https://www.bitget.com

Bitmex

HDR Global Trading Limited

Global Gateway 8

Rue de la Perle

Providence Mahé

Seychelles

https://www.bitmex.com/

Bitpanda

Bitpanda GmbH

Stella-Klein-Low Weg 17

1020 Vienne

Autriche

https://www.bitpanda.com/

Bitrue

Bitrue

Realb Singapore Pte. Ltd.
10 Anson Road #10-21
International Plaza, 079903
Singapour

http://www.bitrue.com

Bitstamp

Bitstamp Ltd

5 New Street Square

London EC4A 3TW

Royaume-Uni

https://www.bitstamp.net/

Bittrex

Bittrex International GmbH

Dr. Grass-Strasse 12

9490 Vaduz

Liechtenstein

https://global.bittrex.com/

Blockchain

Blockchain (LT) UAB

Upes str. 23

Vilnius

Lithuanie

https://www.blockchain.com/

Blockfi

BlockFi Trading LLC

201 Montgomery St.

Suite 263

Jersey City, NJ 07302

États-Unis

https://blockfi.com/

Bybit

Bybit Fintech Limited

C/O Campbells

Floor 2 Romasco Place

Road Town, Tortola

Îles Vierges britanniques

https://www.bybit.com/

BYDFi

BYDFi Fintech LTD

306,Victoria House, Victoria

Mahe, 8684

Seychelles

http://www.bydfi.com

Celsius

Celsius EU UAB

Gedimino pr. 20 V

ilnius 01103

Lithuanie

https://celsius.network/

CEX.IO

CEX IO LTD

33 St. James’s Square

London SW1Y 4JS

Royaume-Uni

https://cex.io/

Coinbase / Coinbase Pro

Coinbase Europe Limited

70 Sir John Rogerson’s Quay

Dublin D02 R296

Irlande

https://www.coinbase.com/

Crypto.com

Foris DAX MT Limited

Level 7, Spinola Park, Triq Mikiel Ang Borg

St. Julian’s SPK 1000,

Malte

https://crypto.com/eea

CoinEx

CoinEx Technology Limited

Onfem Towe

29 Wyndham St, Central

Hong Kong

https://coinex.com

Coinmotion

Coinmotion Oy

Kauppakatu 39

40100 Jyväskylä

Finlande

https://www.coinmotion.com

eToro

eToro (Europe) Ltd

4 Profiti Ilia Street

Kanika International Business Center (KIBC) 7th Floor

Germasogeia 4046

Limassol Chypre

https://www.etoro.com/

FTX

FTX Trading LTD

Lower Factory Road

St. John’s

Antigua

Antigua-et-Barbuda

https://ftx.com/

Gate.io

Gate.io

P.O. Box 31119 Grand Pavilion

Hibiscus Way

802 West Bay Road

Grand Cayman

KY1-1205

Îles Caïmans

https://www.gate.io/

Gatehub

Gatehub

90 Hatton Gardens

London

England CR4 4, GB

Royaume-Uni

https://gatehub.net/

Gemini

Gemini Europe Services Ltd

1 Poultry Office 02-102

Londres EC2R 8EJ

Royaume-Uni

https://www.gemini.com/

HitBTC

HiTech Digital Business Ltd

Av Vitacura 2969

Las Condes

Region Metropolitana

Chilie

https://hitbtc.com/

Kraken

Payward International Markets Limited

Trinity Chambers, P.O. Box 4301

Road Town, Tortola, VG1110

Îles Vierges britanniques

https://www.kraken.com

Kucoin

Vistra Corporate Services Centre

Suite 23, 1er étage, Eden Plaza, Eden Island, Mahé

République des Seychelles

https://www.kucoin.com/

LiteBit

2525 Ventures BV

Weena 740, 15de etage,

3014 DA Rotterdam,

Pays-Bas

https://www.litebit.eu/

Luno

Luno Pte Ltd

5 Shenton Way

10-01 UIC Building, 068808 SG

Singapour

https://www.luno.com/

MEXC

MEXC Global Ltd

Sertus Chambers, Second Floor, The Quadrant,

Manglier Street, Victoria, Mahé

Seychelles

https://www.mexc.com/

Nexo

Nexo AG

15 Grafenaustrasse

6300 Zug

Suisse

https://nexo.io/

Nicehash

Maribor Maribor 2000 SI

Slovenie https://www.nicehash.com/

Northcrypto

Kristiinankatu 9

20100 Turku

Finlande

https://www.northcrypto.com

OKX (OKEx)

Aux Cayes FinTech Co Ltd

Suite 202, 2nd Floor

Eden Plaza, Eden Island

Victoria, Mahe

Seychelles

https://www.okx.com/

Phemex

Phemex Financial Pte Ltd

1 Irving Place

08-11, The Commerze Irving, 369546

Singapour

https://phemex.com/

Poloniex

Polo Digital Assets Ltd

F20, 1st Floor, Eden Plaza

Eden Island

Seychelles

https://poloniex.com/

Probit

PROBIT GLOBAL SERVICES Ltd

Suite 9, Ansuya Estate, Revolution Avenue

Victoria, Mahe

Seychelles

https://www.probit.com/

Revolut

Revolut Payments UAB

Konstitucijos ave. 21B

08130 Vilnius

Lituanie

https://www.revolut.com

Safello

Safello AB

Mäster Samuelsgatan 36

111 57 Stockholm

Suède

https://www.safello.com

Swissborg

SBorg SA

8 rue du Grand-Chêne

1003 Lausanne

Suisse

https://swissborg.com/

Uphold

Uphold Lithuania UAB

Upes g. 23-1

Vilnius

Lituanie

https://uphold.com/

Wirex

UAB Wirex

Perkunkiemio g. 13 – 91

Vilnius

Lituanie

https://wirexapp.com/

Zonda

BB Trade Estonia OÜ

Harju maakond, Tallinn

Lasnamae linnaosa

Tähesaju tee 9, 1391

Estonie