A private company in France is either incorporated as a Société par Actions Simplifiée (SAS) or a Société à Résponsibilité Limitée (Sàrl). The SAS is the newer type of company, typically used by non-residents.
Our French company incorporation package includes:
To incorporate your company in France we require the following:
All departments in France have a register of company names and so most company names are allowed so long as it is not used by another company in the same department.
We will check your chosen company name with the the Register of the Commercial Courts and the Institut National de la Propriété Industrielle.
The legal representative of a Sàrl or a SAS company company is called a Gérant; which is the equivalent of a director in other countries.
Only one Gérant of any nationality is required for your French company. Directors may also be shareholders.
If you wish to appoint a Gérant who is not a resident of the EU or an OECD country then they will need state authorisation.
A minimum of one shareholder is required for your company with no restriction placed on nationality or residence. A shareholder may be a corporation or an individual.
As of August 2017 all companies incorporated in France are required to disclose the details of the Ultimate Beneficial Owner (those who have more than 20% of the control of the company)
All documents filed on companies incorporated in France are public record.
The minimum share capital is €1.
A Sàrl usually adopts a closed structure, so that share transfers only occur between existing shareholders or with the unanimous permission thereof.
The amount chosen is held with the notary, a bank or in a Caisse de Dêpot during the course of the formation of the company.
The share capital is unblocked as soon as the banker receives the Kbis Certificate.
A company in France must have a Registered Office based in France. We can provide a registered office service in Paris if required.
A French bank account is required for the share capital to be deposited. As soon as the bank receives the money, they issue an attestation, with this and the signed documents we register the company with the Chamber of Commerce.
When the company is formed the Chamber of Commerce issues a Kbis (Certificate of incorporation). We then send the Kbis to the bank, who will open the business bank account and release the share capital into it.
We can assist with Registration with the Tax Authorities. Upon receipt of the Certificate of Incorporation the bank account is activated Liaising with Tax office to activate the VAT number.