News: Registration of company in France S.A.

Company registration in France

France is recognized by liberal legislation concerning registration of non-resident companies. Attracting foreign investments provides for increase in the country's GDP, so it is quite easy to register company in France.

In order to ensure that the process of establishment is carried out without mistakes and within a short time, it is necessary to be aware of the legislation of the state and the rules of filling in, as well as submitting documentation. Assistance in the indicated tasks is provided by Law & Trust International, and our lawyers guarantee full legal support for the registration procedure.

It is sufficient for the client to submit the initial package of documents, and the application form can be requested from the expert.

There are number of organizational and legal forms of company registration in France, and for each type of incorporation there are range of separate requirements, but there are criteria that uniting all forms of business in France:

1. The amount of minimum authorized capital equals to 2000 euros, however, in practice, the amount is more by several times. On average, it is 7-8 thousand euros, of which 4-5 thousand should be paid as the initial contribution. These finances are used as means for subsequent development of the company and can be withdrawn at any time.
2. The company in France shall have the director. Most of the companies appoint two directors at once to facilitate the interaction with governmental authorities and stabilize the level of social insurance payments.
3. All non-residents appointed to the positions of directors are required to provide certificates from the Ministry of Internal Affairs on the absence of criminal record. The statement shall be issued not earlier than three months before the filing of the documentation package. Translation of the statement into French is necessary.
4. If the founder establishes business in France in the form of limited liability company and is also resident of the OECD region, he does not need additional state permission due to the existence of signed agreements between the countries.

Business in France: registration algorithm

After applying for Law & Trust International, the fulfillment of most of the tasks becomes the responsibility of our lawyers, but the client is required to provide initial information and documents. The foregoing documents include:

lApplication form (the form is issued after the first free consultation by our expert);

lScans or notarized copies of passports of all founders and directors - if there is opportunity to visit our office, copying will be carried out by our lawyers;

lInvoices or receipts for payment of utility or household services for the last three months, which are required as confirmation of the applicant's registration address;

lPower of attorney for the employee of our company to collect the remaining package of documents.

In order to register company in France, it is necessary to determine its legal address, register the taxpayer's number, open the account with the local bank, and apostillize the documentation package.

The company's registration in France implies the establishment of physical office in the territory of the state, however the company can be managed remotely. The establishment of virtual office shall also be agreed with the registrar.

The interactive office includes telephone, fax and e-mail, and it should be organized by the specialists, because the management department should always be available on the server. After the commencement of the company's activities, it is necessary to order the accounting audit for successful submission of the annual reporting.

Offshore Establishment in France by Law & Trust

Our company provides the entire package of services for the registration of companies in France, so that the client does not need to look for lawyers to undergo each stage separately. The cost of services can not be calculated in advance, as it depends on the form of incorporation of the business, the type of the founder, the type of the company's activities and miscellaneous criteria.

The initial consultation will help the client to take in the situation concerning the legislation of the French jurisdiction and select the convenient form of taxation and reporting. During personal conversation, the application form is transmitted, the primary documentation is submitted, and the number of services necessary to be provided for the client is determined.

Our company is recognized by considerable experience in this sphere of activity and interaction with French registrars in particular. If it is impossible to visit the Law & Trust’s office personally, the services for client is provided remotely, and the documents are transmitted through encrypted channels with mandatory EDS certification, which guarantees confidentiality.