A private company in France is either incorporated as a SAS (Société par Actions Simplifiée) or a Sàrl (Société à Résponsibilité Limitée). The SAS is the newer type of company, and is especially used by non-residents.
We offer a complete incorporation package in France that includes:
To incorporate your company in France we require the following:
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.
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.
Only one director is required for your French company. Directors may be of any nationality. Directors can also be shareholders.
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.
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. A shareholder may be a corporation or an individual. It is not necessary that the shareholders be French, or reside in France.
All documents filed on companies incorporated in France are public record.
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)
A company in France must have a Registered Office, we can provide a registered office service in Paris.
A French bank account is required for the share capital, which we can open for you without a visit to France then a money transfer can be organised for the share capital. 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.