Company registration in France
The first step for company registration in France is to verify if the chosen name is accessible. If the name is often used, a checking account has to be opened for the corporate and also the initial capital should be deposited.
All the mandatory documents for company registration in France square measure submitted at the French Center for Business Formalities. All the documents square measure filed within the same place and by requesting the services of the CFE, investors get pleasure from a simplified business incorporation procedure.
The registration of a replacement French company should be created in line with the kind of business the corporate can have interaction in:
- business firms with no craftsman activities square measure registered at the Chamber of Commerce and Industry;
- artisans and corporations that have interaction in activities that involve numerous crafts got to register at the Chamber of Trade;
- business agents and non-trading firms should register at the written record of Commerce;
- firms that have interaction in agricultural activities should register at the Chamber of Agriculture.
Each company should get the Kbis extract from the Register Commerce and corporations (RCS). this is often a document that unifies all the data the corporate is duty-bound to report. It attests the legal existence of the corporate.
Types of firms in France
According to French law, there square measure many varieties of structures that may be fashioned within the country. elaborated below square measure the kinds of firms that may be opened by foreign investors and nationals in France:
The indebtedness company (SARL): the foremost normally used style of company, chiefly owing to the liability that is proscribed to the number of contributions. the necessities for share capital square measure minimal: one EUR.
The joint-stock company/public Ld. (SA): it’s suited to medium or massive firms and needed additional founders. it’s a board of administrators and a corporation director and should adjust to necessities for auditing. The minimum share capital for this legal entity is thirty-seven,000 EUR.
The simplified joint stock company (SAS): like a reserve however no necessities for an oversized minimum share capital apply it should have a minimum of 2 partners and it’s most versatile than the SA: the partners will freely organize the operation of the corporate.
The single-member indebtedness company (EURL) could be a explicit class of SARL with only 1 member. it’s terribly like the indebtedness company however the corporate taxation is completely different during this case.
The general partnership (SNC) is made by a minimum of 2 associates United Nations agency square measure put together and severally chargeable for the debts and obligations of the partnership. alternative varieties of partnerships in France embody the skilled partnership or the skilled partnership with indebtedness.
The specialists at our business firm in France will assist you select the correct business kind for our wants. The particularities of every company should be taken into thought not just for incorporation matters however conjointly for the longer-term evolution of the corporate.
Legal help throughout company registration in France
Our French lawyers will direct you to the acceptable CFE body, in line with the kind of business activity you wish to line up in France.
Any new company in France is given a business number, a SIRET range (with fourteen digits) that conjointly contains the company’s SIREN range (the initial nine digits of the SIRET number). Associate in Nursing APE code is additionally given to any company: it’s a 5-figure code that identifies the commercial activity. VAT registration also will be needed, in line with the kinds of business activities you would like to perform.
The company registration procedure in France takes a minimum of 5 days and on the average one week, looking on the kind of company. If you would like additional data or help for registering your company in France, please contact our business firm in France.
