Understand the Jurisdictions Setup Requirement Before Proceed Your Company Registration in France
If you are interested in company registration in France, then you have landed on the right page. At 3E Accounting, we don’t just give you info on how to go about the various incorporation process in France, but also can help you with the entire process even without you stepping into the county. We among the most reliable business incorporation services in France, and irrespective of your preferred entity, you can trust that you will get the very best business incorporation services from us.
Types of Business Entities in France
For doing business in France, investors will have to choose one of the following entities:
Private Liability Company
This the most common form of a business entity registered by most foreigners in France. One shareholder and a minimum of EUR 1 is needed for its incorporation. The liability is limited to the extent of the members’ contribution to the share capital. If the company will have more than 50 employees, with a net turnover of EUR 3.1 million, then the law requires that the company must also appoint an auditor.
Public Limited Company, Also Known as Societe Anonime
Societe Anonime is the ideal entity for major business enterprises in France. Its formation requires at least seven members, who can be natural human beings or corporate bodies. However, at least one member has to be an individual. The minimum share capital requirement for SA in 37,000 EUR and half of this must be available at the time of registration.
Single Member Limited Liability Company
This is similar to a limited liability company, only that its taxation requirements are different. It can start with just one member.
At least two members form general partnerships in France. The members are jointly liable for the obligations and debts of the business.
The Company Incorporation Process in France
Below is a brief of the process of company registration in France. Remember, we have qualified attorneys who will not just offer advice, but also help throughout the registration process. All you have to do is get in touch with us, and we are here to help. The steps are as follows:
- Selection of a unique name for the business
- Drafting and notarizing the company incorporation documents
- Filing shareholders’ documents and information with the Trade Register
- Registering the business for taxation, VAT, and social funds
- Acquiring business licenses and permits to start operations
The documents needed to start a business in France
Some of the documents that will be mandatory for business registration in France include:
- Company name reservation form filed with the commercial register
- Objective and description of the business
- Shareholder details: name, proof of address, and copies of passports
- Details of the directors: name, proof of address, and copies of passports
- Information on how the allotment of shares was done
Work With Us
The process of company registration in France for foreigner should not be necessarily overwhelming, but if you don’t know what to do or how to complete the forms in the right manner, then you could end up running into problems or experiencing delays. With 3E Accounting services, however, you can expect a fast and smooth incorporation process because we are well conversant with the requirements and procedures and will advise you accordingly. Contact us if you need help incorporating your business in France.