Company registration in france

Get Started US$ 8000* (onwards)

   

Registering a company in France is the most suitable opportunity for  entrepreneurs willing to expand their business globally, as France has  the fifth largest economy in the world. It is known for its best labor  productivity. Its per capita income from the goods and service sector is  deemed to be one of the highest in Europe.


  • It  has the second largest population density in Europe  and it has an excellent purchasing power.
  • France has a competitive market that offers exciting  business opportunities to foreign investors.
  • It has a qualified  and productive workforce.
  • France has the most well designed and efficient transport   networks in the world providing a fast and reliable way to transport and   deliver goods.
  • It is located in the heart of Europe and shares  its borders with a number of European  countries. This offers the foreign organizations  a great opportunity to sell their  products in the European Market.

Business Structures in France

Limited Liability Company (SARL): 

The most common type of company that is incorporated in France is  the limited liability company. This structure is popular mainly because  of the liability which is limited only to a number of contributions.  The minimum capital requirements for Limited Liability Company are 1  EUR.


Joint-stock Company/Public Limited Company (SA): 

This type of business structure is preferred by medium or large  companies. It requires more founders. It is required to have a board of  directors and must comply with requirements for auditing. The minimum  share capital requirement to start your business as a Joint Stock  Company is 37,000 EUR.


Simplified joint stock company (SAS): 

The simplified joint stock company is similar to a Joint-stock  company but there is no requirement large minimum share capital. It must  have at least two partners and the partners can freely organize the  operation of the company.


Single-member limited liability company (EURL):

It is a particular category of Limited Liability Company (SARL)  with only one member. It is very similar to the limited liability  company but differs in taxation aspect.


General partnership (SNC): 

It is formed with at least two associates who are jointly and  severally liable for the debts and obligations of the entity. Other  types of partnerships in France include the professional partnership or  the professional partnership with limited liability.


Company formation procedure in France?

The  first step for registering a company in France is to verify  if  the chosen name is available or not. The name of the company is  required to be checked on the Institute National de la Propriety  Industrially  (INPI) website. If the proposed name is unique, a  certificate of reservation is issued by INPI and the entity  can proceed  with the further of the operations.

Once the certificate of reservation of name  is issued, the next  step is to open a bank account for the company and deposit  the initial  capital required for incorporation.

To perform business in France the company is  required to be registered at  the Centre de Formalités des  Entreprises (CFE) in France which is a  single regulatory body for statistics,  tax authorities, social  security, labor and health insurance.

In order to get the company registered, the applicant  is  required to file a request for registration, followed by submitting the   articles of association, the bank certificate stating the capital  deposit, a  proof that the specific Gazette has received a notification  regarding the  establishment of the new company, the structure of the  proposed entity and its  purposes, the addresses of the managing board  and the address chosen for the  company.

The CFE after receiving the application sends  the necessary  information to every office and authority in order to get the  company  registered and enters the company in the Register Nationale des  Enterprise.  Finally, the company incorporated will receive the SIRENE  (Systéme Informatique  pour le Répertoire des Entreprises), SIRET  (Systéme Informatique pour le  Répertoire des Etablissements) and NAF  (Nomenclature des Activities Francaises)  numbers.

The last step in the company incorporation process in France is  buying the special accounting book from Commercial Court or authorized stores.

After complying with all the procedure, the  company is good to start its business.

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