All French residents who use bank accounts or digital asset accounts with banks, other financial institutions, crypto exchanges or similar crypto platforms are obligated to declare their accounts in their yearly crypto tax declaration in France.
You need to fill out a special form to declare foreign bank accounts, which is commonly known as Formulaire n°3916-bis, Cerfa-3916 or Annexe n°3916.
Use our guide to learn how to fill out the form Cerfa 3916-bis for Coinbase, Binance, Kraken and many other major crypto exchanges and platforms outside of France.
👆Cerfa 3916-bis at a glance
- The form Cerfa 3916-bis is used to declare any bank account that has been opened, used or closed outside of France in your tax declaration
- You need to fill out a separate form Cerfa 3916-bis for each foreign bank account
- Find all address information for Coinbase, Binance and other crypto exchanges in this guide
When do I have to use Cerfa 3916-bis?
You need to use form Cerfa 3916-bis when you are a resident of France and have opened, used or closed an account with a financial institution outside of France. This includes traditional banks, neo-banks, trading platforms of any kind, and of course any exchange or platform where you hold cryptocurrencies or other crypto assets.
Be aware: Cerfa 3916-bis is only needed for crypto assets which are deposited on a “hot wallet” on a crypto exchange or crypto platform outside of France. You won’t need a Cerfa 3916-bis for your own wallets like Ledger or any other ”cold storage”.
Why do I have to use Cerfa 3916-bis?
The declaration of a bank account or digital asset account with a financial institution outside of France is obligatory to combat tax evasion. Specifically so if the financial institution is located in a country that has not signed a tax treaty with France.
The penalties for incomplete or missing information are stipulated in paragraph 2 of Article 1729 B of the French General Tax Code:
- In the case of non-filing (Article 1736 of the CGI) ; the fine is set at 1,500 € for each undeclared account. Where the filing requirement concerns a country or territory that has not concluded a tax treaty with France for the purposes of combating tax evasion, the fine is raised to 10,000 €.
- Taxation of presumed earnings, under the provisions of Article 1649A of the CGI, with a surcharge of 40 %.
How to declare your crypto account in your French tax declaration
If you declare your income online, the declaration of an account opened abroad is done in step 3 “Income and expenses”, by checking the form n°3916 “Declaration by a resident of an account opened outside of France” in the list of attached declarations.
Continue the process of reporting your income, then check the box “Comptes ouverts, détenus, utilisés ou clos à l’étranger”, which has the identifier “8UU”.
You will then be redirected to the corresponding appendix return for the 3916-bis forms.
Good to know: If you have already declared a foreign account in your previous tax declaration, you can simply include it in your current tax declaration by clicking on the button “report” next to the account.
If you opened, used or closed an account that has not been reported in the previous year, you will have to indicate the total number of new accounts you wish to declare. Keep in mind that you need to fill out a form Cerfa 3916 for each individual account.
In the next step, you need to confirm the identity of the account holder and the nature of the account. In the case of a cryptocurrency-related account, check “Compte d’actifs numériques”.
Now fill in the information regarding the account and the financial institution.
Numéro du compte: The number of your account. If your crypto exchange or platform did not provide you with a unique account identifier, you could enter the email address used to create the account.
Date d’ouverture & Date de fermeture: The date on which the account was opened and the date on which the account was closed (if applicable).
Désignation de l’organisme gestionnaire du compte: The name of the company to which the exchange or platform belongs.
Adresse de l’organisme gestionnaire du compte: The address of the institution as shown in the below list.
URL du site Internet de l’organisme gestionnaire du compte: The homepage of the website of the institution, for example: https://www.coinbase.com/
Good to know: You can download the form Cerfa 3916-bis here:
https://www.impots.gouv.fr/sites/default/files/formulaires/3916/2022/3916_3823.pdf
Address information for crypto exchanges and crypto platforms
Akt.io
Automata Pay Europe Ltd
Unit 3d North Point House
North Point Business Park
New Mallow Road Cork, Co.
Cork
Irlande
AscendEX (ex-BitMax)
AscendEX Technology SRL
Sos. Mihai Bravu 448
Bucarest,
Roumanie
Bibox
BIBOX TECHNOLOGY OÜ
Pille Tn 7/5, Tallinn, 10135
Estonie
Binance
Binance Europe Services Limited
14 East, Level 5B,
Triq Tas-Sliema Gzira, GZR 1639
Malte
BitBay
BB Trade Estonia OÜ
Harju maakond, Tallinn
Lasnamae linnaosa
Lootsa tn 5, 11415
Estonie
Bitcoin.com
Saint Bitts LLC
Nelson Springs Commercial Complex, Colquhoun Estate
Company Number L17015
Saint-Christophe-et-Nieves
Bitfinex
iFinex Inc
Third Floor
Road Town, VG1110
Iles Vierges britanniques
bitFlyer
bitFlyer EUROPE SA
121 Rue de Hollerich
L-1741, Luxembourg
Bithumb
Bithumb Korea Corporation
15-16F, 124, Teheran-ro
Gangnam-gu, Seoul
Corée du Sud
Bitladon
Coin Meester BV
Thailandlaan 6
1432DJ Aalsmeer
Pays-Bas
BitMEX
HDR Global Trading Limited
Global Gateway 8
Rue de la Perle
Providence Mahé
Seychelles
Bitpanda
Bitpanda GmbH
Stella-Klein-Low Weg 17
1020 Vienne
Autriche
Bitrue
Bitrue
4151 Middlefiled Road
Suite 100, Palo Alto, CA 94303
États-Unis
Bitstamp
Bitstamp Ltd
5 New Street Square
London EC4A 3TW
Royaume-Uni
Bittrex
Bittrex International GmbH
Dr. Grass-Strasse 12
9490 Vaduz
Liechtenstein
Bityard
Biyard Blockchain PTY Ltd
Centro Bianco
73 Upper Paya Lebar Road
534818, 06-01C
Singapour
Blockchain.com
Blockchain (LT) UAB
Upes str. 23
Vilnius
Lithuanie
BlockFi
BlockFi Trading LLC
201 Montgomery St.
Suite 263
Jersey City, NJ 07302
États-Unis
Bybit
Bybit Fintech Limited
C/O Campbells
Floor 2 Romasco Place
Road Town, Tortola
Îles Vierges britanniques
CEX.IO
CEX IO LTD
33 St. James’s Square
London SW1Y 4JS
Royaume-Uni
Celsius
Celsius EU UAB
Gedimino pr. 20 Vilnius 01103
Lithuanie
Coinbase / Coinbase Pro
Coinbase Europe Limited
70 Sir John Rogerson’s Quay
Dublin D02 R296
Irlande
Coinmama
Cmama Ltd
42 Pearse St.,
Dublin D02 YX88,
Irlande
CoinList
SLA Services Ltd
Suite 106, 2nd Floor Charles Court Building
Main Street, Road Town, Tortola, VG1110
Îles Vierges britanniques
Coss.io
COSS PTE LTD
1 Clementi Loop
06-01, S 129 808
Singapour
Crypto.com
Foris DAX MT Limited
Level 7, Spinola Park, Triq Mikiel Ang Borg
St. Julian’s SPK 1000,
Malte
Deribit
DRB Panama Inc
Via Espana, Delta Bank Building
6th Floor, Suite 604D, Panama City
Panama
eToro
eToro (Europe) Ltd
4 Profiti Ilia Street
Kanika International Business Center (KIBC) 7th Floor
Germasogeia 4046
Limassol
Chypre
FTX
FTX Trading LTD
Lower Factory Road
St. John’s
Antigua
Antigua-et-Barbuda
Gemini
Gemini Europe Services Ltd
1 Poultry Office 02-102
Londres EC2R 8EJ
Royaume-Uni
HitBTC
HiTech Digital Business Ltd
Av Vitacura 2969
Las Condes
Region Metropolitana
Chilie
Huobi Global
Huobi Global Ltd
Asia Square Tower 1
8 Marina View
Central Business District
018961, Singapour
ICONOMI
ICONOMI Limited
10 Orange St
London WC2H 7DQ
Royaume-Uni
Invictus Capital
Invictus Capital Financial Technologies SPC
67 Fort Street, 1st Floor, Artemis House
George Town, KY1-1102
Îles Caïmans
Kraken
For residents of the EU:
Payward Ltd
6th Floor
One London Wall
London, EC2Y 5EB
Royaume-Uni
For residents of Canada:
Payward Canada
1100-1959 Upper Water Street
Halifax, NS, B3J 3N2
Canada
For everyone else:
Payward Trading Ltd
c/o SHRM Trustees (BVI) Limited
Trinity Chambers, P.O. Box 4301
Road Town, Tortola, VG1110
Îles Vierges britanniques
KuCoin
Vistra Corporate Services Centre
Suite 23, 1er étage, Eden Plaza, Eden Island, Mahé
République des Seychelles
Kyber Network
Kyber Network
The Central, Clarke Quay
8 Eu Tong Sen Street
15-90, 059818 SG
Singapour
LiteBit
2525 Ventures BV
Weena 740, 15de etage,
3014 DA Rotterdam,
Pays-Bas
Luno
Luno Pte Ltd
5 Shenton Way
10-01 UIC Building, 068808 SG
Singapour
Lykke
Lykke Corp
Alpenstrasse 9
6300 Zug
Suisse
Gate.io
Gate.io
P.O. Box 31119 Grand Pavilion
Hibiscus Way
802 West Bay Road
Grand Cayman
KY1-1205
Îles Caïmans
Gatehub
Gatehub
90 Hatton Gardens
London
England CR4 4, GB
Royaume-Uni
LATOKEN
Payex OÜ
Lasnamae Linnaosa, Katusepapi tn. 4-A803
11412 Harju maakond, Tallinn
Estonie
Liquid
Quoine Pte Ltd
80 Robinson Road
08-01, 068898
Singapour
MEXC
MEXC Global Ltd
Sertus Chambers, Second Floor, The Quadrant,
Manglier Street, Victoria, Mahé
Seychelles
Nexo
Nexo AG
15 Grafenaustrasse
6300 Zug
Suisse
OKCoin
OKCoin Europe LTD
30, Kenilworth, Flat 3
Sir Augustus Bartolo Street
Ta Xbiex XBX 1093
Malte
OKX (ex-OKEx)
Aux Cayes FinTech Co Ltd
Suite 202, 2nd Floor
Eden Plaza, Eden Island
Victoria, Mahe
Seychelles
Paxos
Paxos Global Pte Ltd
30 Duxton Road
020-00, 089494
Singapour
Phemex
Phemex Financial Pte Ltd
1 Irving Place
08-11, The Commerze Irving, 369546
Singapour
Poloniex
Polo Digital Assets Ltd
F20, 1st Floor, Eden Plaza
Eden Island
Seychelles
Prime XBT
Prime XBT Trading Services LLC
First floor, First St. Vincent Bank Ltd Building
James Street, Kingstown
Saint-Vincent et les Grenadines
ProBit
PROBIT GLOBAL SERVICES Ltd
Suite 9, Ansuya Estate, Revolution Avenue
Victoria, Mahe
Seychelles
qTrade
qTrade LLC
2029 Becker Dr, Suite 275
Lawrence, KS 66047
États-Unis
Revolut
Revolut Payments UAB
Konstitucijos ave. 21B
08130 Vilnius
Lituanie
SwissBorg
SBorg SA
8 rue du Grand-Chêne
1003 Lausanne
Suisse
Trade Republic
Trade Republic Bank GmbH
Kastanienallee 32
10435 Berlin
Allemagne
Upbit
Upbit Singapore Pte Ltd
1 Harbourfront Avenue 16-02
Keppel Bay Tower, S098632
Singapour
Uphold
Uphold Lithuania UAB
Upes g. 23-1
Vilnius
Lituanie
Wirex
UAB Wirex
Perkunkiemio g. 13 – 91
Vilnius
Lituanie
Xapo
Xapo Inc
364 University Avenue
Palo Alto, CA 94301
États-Unis
YouHolder
YouHolder
Arch Makariou III, 172
Melford Tower
3027 Limassol
Chypre
Yield App
YieldApp OÜ
Harju Maakond, Tallinn, Nomme Linnaosa
Rannaku pst 12, 10917
Estonie
Written by: Florian Wimmer
As one of the founders of Blockpit, Florian Wimmer has been deep into crypto assets since 2015 and has been dealing with the complexity of the tax treatment of crypto assets for several years.
Reviewed by: Mag. Georg Brameshuber
Mag. Georg Brameshuber is tax advisor and legal scholar in cryptoeconomics. He is a Fellow at the Institute for Financial Law in Vienna and Web3 entrepreneur.
