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In CAC40 company, It is possible to take unpaid leave with the possibility of returning to the company to set up a new business. The idea is that if the project fails, the original company recovers an employee who has learned a lot (free MBA).

If you're already unemployed, it's possible to keep your allowance longer for a business start-up or takeover.

It's also possible to sign a “rupture conventionée”, which entitles you to unemployment benefits.

But no, if the employee resigns, he or she is not entitled to unemployment benefits, nor to business start-up assistance.

the French system is generous, but not as generous.

I see this misconception a lot for resigning France.

First, there are some "protected classes" of resigning that allow you to be eligible for unemployment right after you resign, for example: moving to follow your spouse, resigning less than 3 months after having been laid off, going back to study or... creating a company!![1] :).

Second, you are entitled to unemployment benefits even if you resign without "a good reason". The issue is that you can only request your benefits 4 months after having resigned. This leads to many people believing that you just do not get anything if you resign; because who wants to eat the 4 months of no income?

This 4 months waiting period is not advertised at all, and my complotist self believes it might be on purpose; if you don't know about it and don't request it, that's less money for the government to spend :^).

[1] Conditions apply (having worked uninterrupted for the last 5 years)

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> In CAC40 company, It is possible to take unpaid leave with the possibility of returning to the company to set up a new business

It's not only CAC40, it's part of some collective bargaining agreements which apply to whole sectors (e.g. SYNTEC which applies to all consulting and most IT companies).