One-stop solution from company registration to tax filing(math.) genus
Helping you grow in Europe
Company name and legal form
Legal Registered Address
Minimum Registered Capital Requirements
Shareholder and Executive Requirements
Corporate Purpose and Social Announcement
What are the main types of French companies?
Simplification of joint-stock companies
limited liability company
corporation
Branches and Representative Offices
1. Identification of shareholders and officers
Copy of passport, proof of address (e.g. utility bill) for the last three months for all shareholders and legal representatives. Legal shareholders are required to provide a certified certificate of incorporation and by-laws.
2. Company registration information
Elaboration of at least 3 French company names; detailed company purpose (scope of business); proof of legal registered address in France (lease contract or escrow agreement).
3. Draft articles of association
This is the most important legal document, detailing the name of the company, its address, its purpose, its capital, the distribution of shares, the rules of management and the duration of its operations. It must be signed by all the founding shareholders.
4. Statement of registered capital in place
A statement certifying that the registered capital has been deposited into the company's provisional account or is in the custody of a notary public.
5. Certificate of no criminal record
If the company's business involves sensitive areas such as finance and security, shareholders or executives may be required to provide proof of a clean criminal record.
6. Proof of publication in a legally gazetted newspaper
A notice of incorporation must be published in a statutory newspaper before or after the company is formed and proof of this must be retained.
1
Preparation and notarization (approximately 2-3 weeks)
2
Statutory notices and commercial court registrations (approximately 1-2 weeks)
3
Obtaining company registration number (about 1 week)
4
Follow-up tax and social registration (about 1-2 weeks)
Q&A Frequently Asked Questions
A: Absolutely. There is no restriction under French law on the percentage of shares held by foreign shareholders. Both SAS and SARL allow foreign natural or legal persons 1001 TP3T to be wholly owned and there is no need for the mandatory appointment of French directors.
A: Yes, both are required. Legal address: it must be in France for official communications. Bank account: the company must have a public account with a French bank for the purpose of capitalization and daily operations. The bank account opening process may be prudent and a full business plan is required.
A: For foreign investors, SAS is usually the better choice. SAS: extremely flexible management, free to set rules through the statute; no local manager requirement; fewer restrictions on share transfers; better international recognition. SARL: more statutory management rules; heavier social security regime for the manager (gérant); consent of the other shareholders is required for share transfers. SAS has become the mainstream of the market due to its flexibility.
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