Cerfa 3916-bis Coinbase, Binance, … – How to declare a crypto account abroad in 2023?

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.

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 %.

Source: https://www.impots.gouv.fr/international-particulier/questions/declaring-foreign-bank-accounts-and-life-insurance-policies-held

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.

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/

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

https://www.akt.io/

AscendEX (ex-BitMax)

AscendEX Technology SRL

Sos. Mihai Bravu 448

Bucarest,

Roumanie

https://ascendex.com/

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/

BitBay

BB Trade Estonia OÜ

Harju maakond, Tallinn

Lasnamae linnaosa

Lootsa tn 5, 11415

Estonie

https://bitbay.market/

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/

Bithumb

Bithumb Korea Corporation

15-16F, 124, Teheran-ro

Gangnam-gu, Seoul

Corée du Sud

https://www.bithumb.com/

Bitladon

Coin Meester BV

Thailandlaan 6

1432DJ Aalsmeer

Pays-Bas

https://www.bitladon.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

4151 Middlefiled Road

Suite 100, Palo Alto, CA 94303

États-Unis

https://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/

Bityard

Biyard Blockchain PTY Ltd

Centro Bianco

73 Upper Paya Lebar Road

534818, 06-01C

Singapour

https://www.bydfi.com/

Blockchain.com

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/

CEX.IO

CEX IO LTD

33 St. James’s Square

London SW1Y 4JS

Royaume-Uni

https://cex.io/

Celsius

Celsius EU UAB

Gedimino pr. 20 Vilnius 01103

Lithuanie

https://celsius.network/

Coinbase / Coinbase Pro

Coinbase Europe Limited

70 Sir John Rogerson’s Quay

Dublin D02 R296

Irlande

https://www.coinbase.com/

Coinmama

Cmama Ltd

42 Pearse St.,

Dublin D02 YX88,

Irlande

https://www.coinmama.com/

CoinList

SLA Services Ltd

Suite 106, 2nd Floor Charles Court Building

Main Street, Road Town, Tortola, VG1110

Îles Vierges britanniques

https://coinlist.co/

Coss.io

COSS PTE LTD

1 Clementi Loop

06-01, S 129 808

Singapour

https://www.coss.io/

Crypto.com

Foris DAX MT Limited

Level 7, Spinola Park, Triq Mikiel Ang Borg

St. Julian’s SPK 1000,

Malte

https://crypto.com/eea

Deribit

DRB Panama Inc

Via Espana, Delta Bank Building

6th Floor, Suite 604D, Panama City 

Panama

https://www.deribit.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/

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/

Huobi Global

Huobi Global Ltd

Asia Square Tower 1

8 Marina View

Central Business District

018961, Singapour

https://www.huobi.com/

ICONOMI

ICONOMI Limited

10 Orange St

London WC2H 7DQ

Royaume-Uni

https://www.iconomi.com/

Invictus Capital

Invictus Capital Financial Technologies SPC

67 Fort Street, 1st Floor, Artemis House

George Town, KY1-1102

Îles Caïmans

https://invictuscapital.com/

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

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/

Kyber Network

Kyber Network

The Central, Clarke Quay

8 Eu Tong Sen Street

15-90, 059818 SG

Singapour

https://kyber.network/

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/

Lykke

Lykke Corp

Alpenstrasse 9

6300 Zug

Suisse

https://lykke.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/

LATOKEN

Payex OÜ

Lasnamae Linnaosa, Katusepapi tn. 4-A803

11412 Harju maakond, Tallinn

Estonie

https://latoken.com/

Liquid

Quoine Pte Ltd

80 Robinson Road

08-01, 068898

Singapour

https://www.liquid.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/

OKCoin

OKCoin Europe LTD

30, Kenilworth, Flat 3

Sir Augustus Bartolo Street

Ta Xbiex XBX 1093

Malte

https://www.okcoin.com/

OKX (ex-OKEx)

Aux Cayes FinTech Co Ltd

Suite 202, 2nd Floor

Eden Plaza, Eden Island

Victoria, Mahe

Seychelles

https://www.okx.com/

Paxos

Paxos Global Pte Ltd

30 Duxton Road

020-00, 089494

Singapour

https://paxos.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/

Prime XBT

Prime XBT Trading Services LLC

First floor, First St. Vincent Bank Ltd Building

James Street, Kingstown

Saint-Vincent et les Grenadines

https://primexbt.com/

ProBit

PROBIT GLOBAL SERVICES Ltd

Suite 9, Ansuya Estate, Revolution Avenue

Victoria, Mahe

Seychelles

https://www.probit.com/

qTrade

qTrade LLC

2029 Becker Dr, Suite 275

Lawrence, KS 66047

États-Unis

https://qtrade.io/

Revolut

Revolut Payments UAB

Konstitucijos ave. 21B

08130 Vilnius

Lituanie

https://www.revolut.com

SwissBorg

SBorg SA

8 rue du Grand-Chêne

1003 Lausanne

Suisse

https://swissborg.com/

Trade Republic

Trade Republic Bank GmbH

Kastanienallee 32

10435 Berlin

Allemagne

https://traderepublic.com/

Upbit

Upbit Singapore Pte Ltd

1 Harbourfront Avenue 16-02

Keppel Bay Tower, S098632

Singapour

https://upbit.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/

Xapo

Xapo Inc

364 University Avenue

Palo Alto, CA 94301

États-Unis

https://www.xapo.com/

YouHolder

YouHolder

Arch Makariou III, 172

Melford Tower

3027 Limassol

Chypre

https://www.youhodler.com/

Yield App

YieldApp OÜ

Harju Maakond, Tallinn, Nomme Linnaosa

Rannaku pst 12, 10917

Estonie

https://yield.app/

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.