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How to Create a Company in France



How to create a company in france

How to Create a Company in France: A Step-by-Step Guide


Starting a business in France can be a rewarding endeavor, whether you're a local entrepreneur or an international investor. The process is structured and straightforward, but it requires a clear understanding of the legal, administrative, and fiscal obligations. Below is a detailed guide on how to create a company in France.

For English-speaking entrepreneurs, GME Audit offers expert assistance to help you navigate the complexities of starting a business in France, ensuring compliance with French regulations and making the process smoother.


1. Choose the Right Legal Structure


The first step is to choose the legal form of your company. France offers several options, each with its own implications for taxation, liability, and management. Some of the most common structures include:

  • Sole Proprietorship (Entreprise Individuelle, EI): Ideal for small, independent businesses. The owner has full responsibility and is personally liable for business debts.

  • Limited Liability Company (Société à Responsabilité Limitée, SARL): Suitable for small to medium-sized businesses. Liability is limited to the amount of capital invested.

  • Simplified Joint Stock Company (Société par Actions Simplifiée, SAS): A flexible structure for larger businesses or companies expecting rapid growth. Liability is also limited.

  • Public Limited Company (Société Anonyme, SA): Usually chosen by large corporations. It requires a significant amount of capital and complex administrative obligations.


2. Draft the Articles of Association


Once you’ve chosen your legal structure, the next step is to draft the Articles of Association (statuts), which detail the company’s operations, management rules, share distribution (if applicable), and financial regulations. These documents will be submitted as part of the registration process.


3. Deposit the Share Capital


For companies like SARL, SAS, and SA, you need to deposit the initial share capital into a bank account. The minimum capital required varies depending on the type of company. For instance:

  • SARL: Minimum share capital is €1.

  • SAS: No minimum requirement, but capital must be clearly stated.

  • SA: Minimum of €37,000.

A certificate from the bank confirming the deposit will be necessary for further steps.


4. Appoint a Director or President


For SARL and SAS structures, you must appoint a director (gérant) or president, who will be legally responsible for the management of the company. The chosen individual will need to be mentioned in the Articles of Association.


5. Register the Company


Once your documents are ready and your capital is deposited, it’s time to officially register your company. This is done through the Centre de Formalités des Entreprises (CFE), which centralizes all the necessary paperwork. The CFE forwards the file to relevant bodies such as the Greffe du Tribunal de Commerce (Commercial Court Registry) and tax authorities.


During registration, you will need to provide:

  • The Articles of Association.

  • Proof of identity for directors or shareholders.

  • A declaration of the company's physical address (proof of lease or ownership).

  • The certificate of capital deposit from the bank.

  • A document appointing the company’s legal representative (e.g., director).


6. Publish a Notice of Incorporation


Once your company is registered, you are required to publish a notice of incorporation in a legal journal (journal d’annonces légales) in the region where the company is established. This step makes the creation of your company official and publicly recognized.


7. Obtain the Kbis


After completing the registration, you will receive a Kbis extract. This is an official document that serves as the "ID card" of your company. It contains essential information such as the company’s name, address, legal structure, and registration number. The Kbis will be required for various formalities, including opening a business bank account and signing contracts.


8. Register for VAT and Social Security


Depending on your business activity, you may need to register for Value-Added Tax (VAT) and various social security schemes for your employees. You can do this through the relevant tax offices or URSSAF (Union de Recouvrement des Cotisations de Sécurité Sociale et d'Allocations Familiales).


9. Open a Business Bank Account


Having a dedicated business bank account is crucial for managing your company’s finances. After receiving your Kbis, you can finalize the opening of your account and access your capital.


10. Obtain Necessary Licenses or Permits


Certain types of businesses may require specific licenses or permits to operate legally in France. For example, food service businesses need health and safety certificates, while regulated professions such as law or accounting may need additional certification.


How GME Audit Can Help


Setting up a business in France can be particularly challenging for English-speaking entrepreneurs due to language barriers and unfamiliar legal systems. GME Audit provides specialized support for anglophones, guiding you through every step of the company creation process, from choosing the right legal structure to handling all the necessary paperwork. With our expertise, you can be confident that your business is compliant with French regulations and set up for success.




Final Thoughts


Creating a company in France involves several administrative and legal steps, but with the right preparation, it can be a smooth process. Understanding the specific requirements of your chosen legal structure and complying with local regulations is key to launching your business successfully. If you're unfamiliar with French bureaucracy or need additional guidance, GME Audit can offer the expert assistance you need to ensure everything is done correctly.





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