[smartslider3 slider=6]

France

Open a company in France

Why open a company in France?

France has been slower than many of its EU counterparts to embrace a truly liberal business culture. At the same time, it has aggressively sought to attract foreign investment – and with considerable success. One result is that French company formation is now very simple and straightforward, although local advice is essential in order to ensure compliance with legal and financial regulations.

What is the best way to deal with company registration France?

There is no fixed pattern for French company formation. Options range from opening a small representative office – a bureau de liaison – through acquiring an existing company or setting up a new business from scratch.

Is a foreign-owned company at a disadvantage?

To some extent. Unless foreign identity is part of the marketing strategy, most foreign investors prefer to adopt a fairly low profile and project a local image. An easy way to do this is simply to acquire a local company.

What are the most common types of French company formation?

  • Societé Anonyme (SA): business corporation
  • Société à Responsabilité Limitée (SARL): Specialists limited company
  • Société par Actions Simplifiée (SAS): simplified stock corporation

What are the requirements for an SA company?

  • Minimum share capital of €37.000, of which at least half must be paid up
  • Minimum of seven shareholders
  • Shareholders are liable up to the limit of their capital contribution
  • Services accounts must be audited in line with statutory requirements
  • Top managers are treated as employees for tax and social security purposes

What are the requirements for a SARL company?

  • Minimum share capital was recently reduced to €1.00
  • Minimum number of shareholders is one
  • Shareholders are liable up to the limit of their capital contribution
  • Accounts must be audited in line with statutory requirements
  • Top managers have more onerous tax and security rules than SA managers
  • In order to open a bank account the minimum required as capital is €7,500
  • A French company cannot be declared as Dormant.

What is an SAS company?

The Societé Par Actions Simplifieé (Simplified Stock Company) is a relatively new type of entity in France. It is a vehicle for creating a joint venture between a local company and a foreign partner. SAS companies are increasingly finding favor with foreign investors, particularly in the USA, who wish to set up subsidiaries in France.

What are the requirements for an SAS company?

  • Minimum share capital of €37.000 of which half must be paid up
  • The company must have at least two shareholders and a chairman
  • Shareholders are liable up to the limit of their capital contribution
  • There is no need for a board of directors

Company Formation France

How easy is it to recruit staff

Recruitment is reasonably straightforward but labor laws are very complex, much more so than in most other EU countries. Employment contracts for a fixed term are only permitted in a limited number of situations. Certain collective agreements negotiated at national level are automatically applicable to certain commercial and industrial sectors. In other sectors, such agreements are only applicable when agreed to by the employer. Collective agreements cover all workers, whether or not unionized. It is essential to take legal advice before offering or entering into any kind of employment contract.

What is the French regulatory environment like?

France has a well-developed legal and regulatory system broadly similar to that in other EU member states. There are few restrictions on setting up companies, except in certain areas such as banking and insurance and there is no restriction on imports or capital from abroad. However state ownership is still a significant feature of the local economy, particularly in infrastructure industries and some restrictions still apply. Furthermore, the legal system is slow and expensive, which underlines the importance of securing good legal advice from the beginning.

What is the corporate tax rate in France?

The corporate tax rate is 33.3% on profits.

Are there financial incentives available?

There are many types of assistance to new businesses. Grants and loans from local authorities help with finding sites, shared cost access to support services, tax incentives and grants for innovative new companies

How much does it cost to open a company in France?

The value is € 7,100 and the services included in this amount are: opening a company in France, opening a bank account and registering VAT.Optional virtual desk at a cost of € 3,525 per year.

How can I obtain more information about opening a company in France?

Please contact us if you have questions and/or want to receive more information on opening a company in France

Support

The benefits of having your own company are virtually unlimited. Opening and managing a company with Europa Expert’s orientation is even simpler and easier. We provide all the needed support to open and manage your company in France.

Services we provide
Consulting for new companies (company’s name, website, etc.)
Initial registration
Corporate documents
Bank account in French bank
Business Address and Mailbox in France
Fiscal registration (VAT)
Accountancy (according to French Law)
Annual tax declaration
Virtual Office in France

France

Open a company in France

Why open a company in France?

France has been slower than many of its EU counterparts to embrace a truly liberal business culture. At the same time, it has aggressively sought to attract foreign investment – and with considerable success. One result is that French company formation is now very simple and straightforward, although local advice is essential in order to ensure compliance with legal and financial regulations.

What is the best way to deal with company registration France?

There is no fixed pattern for French company formation. Options range from opening a small representative office – a bureau de liaison – through acquiring an existing company or setting up a new business from scratch.

Is a foreign-owned company at a disadvantage?

To some extent. Unless foreign identity is part of the marketing strategy, most foreign investors prefer to adopt a fairly low profile and project a local image. An easy way to do this is simply to acquire a local company.

What are the most common types of French company formation?

  • Societé Anonyme (SA): business corporation
  • Société à Responsabilité Limitée (SARL): Specialists limited company
  • Société par Actions Simplifiée (SAS): simplified stock corporation

What are the requirements for an SA company?

  • Minimum share capital of €37.000, of which at least half must be paid up
  • Minimum of seven shareholders
  • Shareholders are liable up to the limit of their capital contribution
  • Services accounts must be audited in line with statutory requirements
  • Top managers are treated as employees for tax and social security purposes

What are the requirements for a SARL company?

  • Minimum share capital was recently reduced to €1.00
  • Minimum number of shareholders is one
  • Shareholders are liable up to the limit of their capital contribution
  • Accounts must be audited in line with statutory requirements
  • Top managers have more onerous tax and security rules than SA managers
  • In order to open a bank account the minimum required as capital is €7,500
  • A French company cannot be declared as Dormant.

What is an SAS company?

The Societé Par Actions Simplifieé (Simplified Stock Company) is a relatively new type of entity in France. It is a vehicle for creating a joint venture between a local company and a foreign partner. SAS companies are increasingly finding favor with foreign investors, particularly in the USA, who wish to set up subsidiaries in France.

What are the requirements for an SAS company?

  • Minimum share capital of €37.000 of which half must be paid up
  • The company must have at least two shareholders and a chairman
  • Shareholders are liable up to the limit of their capital contribution
  • There is no need for a board of directors

Company Formation France

How easy is it to recruit staff

Recruitment is reasonably straightforward but labor laws are very complex, much more so than in most other EU countries. Employment contracts for a fixed term are only permitted in a limited number of situations. Certain collective agreements negotiated at national level are automatically applicable to certain commercial and industrial sectors. In other sectors, such agreements are only applicable when agreed to by the employer. Collective agreements cover all workers, whether or not unionized. It is essential to take legal advice before offering or entering into any kind of employment contract.

What is the French regulatory environment like?

France has a well-developed legal and regulatory system broadly similar to that in other EU member states. There are few restrictions on setting up companies, except in certain areas such as banking and insurance and there is no restriction on imports or capital from abroad. However state ownership is still a significant feature of the local economy, particularly in infrastructure industries and some restrictions still apply. Furthermore, the legal system is slow and expensive, which underlines the importance of securing good legal advice from the beginning.

What is the corporate tax rate in France?

The corporate tax rate is 33.3% on profits.

Are there financial incentives available?

There are many types of assistance to new businesses. Grants and loans from local authorities help with finding sites, shared cost access to support services, tax incentives and grants for innovative new companies

How much does it cost to open a company in France?

The value is € 7,100 and the services included in this amount are: opening a company in France, opening a bank account and registering VAT.Optional virtual desk at a cost of € 3,525 per year.

How can I obtain more information about opening a company in France?

Please contact us if you have questions and/or want to receive more information on opening a company in France

Support

The benefits of having your own company are virtually unlimited. Opening and managing a company with Europa Expert’s orientation is even simpler and easier. We provide all the needed support to open and manage your company in France

Services we provide
Consulting for new companies (company’s name, website, etc.)
Initial registration
Corporate documents
Bank account in French bank
Business Address and Mailbox in France
Fiscal registration (VAT)
Accountancy (according to French Law)
Annual tax declaration
Virtual Office in France

IN THE USA: + 1 305 824-9100 FAX: 305 675-8584  409 NW 10th Terrace Hallandale Beach, FL 33009

IN BRAZIL:  +55 11 4063-6052 FAX: 11 3957-1612 Rua Maestro Cardim, 354 – Cjs 91 e 92 Bela Vista – São Paulo/SP                                01323-000 – Brazil

IN EUROPE: +44 020 8144-5686    

 IN THE USA: + 1 305 824-9100

 FAX: 305 675-8584
 409 NW 10th Terrace
 Hallandale Beach, FL 33009 

 IN BRAZIL: +55 11 4063-6052 

 FAX: 11 3957-1612

 Rua Maestro Cardim, 354 – Cjs 91 e 92 

 Bela Vista – São Paulo/SP

 01323-000 – Brazil 

 IN EUROPE: +44 020 8144-5686 

Close Menu