About WhyDonate

Crowdfunding in France has gained popularity as a means of financing a wide range of projects, from creative endeavours to business startups. It provides a way for entrepreneurs, artists, and social innovators to access funding and engage with their supporters and backers. Crowdfunding in France is regulated to protect both investors and project creators. The AMF has established rules and guidelines to ensure transparency, protect investors, and prevent fraudulent activities. Different regulations apply to each type of crowdfunding.

Here’s a brief overview of a crowdfunding campaign:

1. Decide on your objective and the amount you want to raise. Who will gain from it? What is the purpose of the campaign? Answers to these questions should be written down.
2. Select the crowdfunding site that best fits your objectives and financial constraints. Consider what assistance you require in running your campaign and how the platform can assist you.
3. Setting Up Crowdfunding Campaign

• Register At WhyDonate
• Input Fundraising Details
• Tell Your Story
• Customize Your Donation Page
• Keep Adding Updates To Your Donation Page

4. Thank Your Donors

The crowdfunding tax depends on the project creator’s country location. For all individual project creators based in the European Union (EU), the VAT of their country of residency is applied to the commission rates mentioned in the above document.

Many Crowdfunding sites charge for fundraising, but If you are doing crowdfunding in Bordeaux, then WhyDonate is the best pocket-friendly choice. WhyDonate offers free donation page creation with no platform fee. However, there are some minimal payment processing fees that payment service providers charge to providers.