Company Formation in France

  • Is Opening a Business in France a Good Idea?

    Company formation in France is a viable opportunity for entrepreneurs looking to expand their business globally as it has the fifth largest economy in the world and is known for best labour productivity. Additionally, its per capita income from the service and goods sector is deemed to be one of the highest in Europe. The globalisation of the French economy is an established fact, which can be measured by the dynamic nature of its trade with Europe and the rest of the world.

    A policy has been launched in France to raise its growth rate and improve its trade balance. It is based on raising household purchasing power. It will necessarily involve winning new positions in the most dynamic regions of the world economy, developing its offering of innovative, high-value-added products and services, and a greater contribution from medium-sized firms which further contribute the growing popularity of French company formation.

  • Procedure for Company Formation in France

    • Reserve a company name with the INPI
    • Deposit Minimum Share Capital in a bank account and obtain a confirmation certificate
    • Publish a company incorporation notice in appropriate journal
    • Preparation of company’s deed of incorporation and Memorandum & Articles of association
    • Submit the necessary documents to the Companies House (Centre de Formalities des Enterprises (CFE) in France
    • After verification, the CFE enters the name of the company in the Registre Natinale des Enterprises (RNE)
    • After this, the newly formed company will receive the SIRENE (Systeme Informatique pour le Repertoire des Enterprises), SIRET (Systéme Informatique pour le Répertoire des Establisements) and NAF (Nomenclature des Activitees Francaises) numbers
    • Lastly, buy the company books and have them stamped from the commercial courts
  • Requirements for Company Registration in France

    Basic Requirements for Company Formation in France

    • Minimum 1 Shareholder is required (any nationality)
    • No requirement of Director, instead 1 manager is to be appointed by the shareholders who must be a resident of the member state of European Union
    • Minimum Share Capital of 1 Euro
    • Registered Office Address

    Documents Required for France Company Incorporation

    • At least 2 Completed copies of Application Form, Articles of Association and other documents signed by all the shareholders
    • A Certificate issued by the bank certifying that the amount of initial share capital has been paid up by the shareholders
    • Copy of notice published in the appropriate journal for company formation in France
    • Passport Copies of the shareholders along with a declaration stating absence of any criminal record against them
    • Proof of company’s registered office address (rent agreement / lease agreement)
    • A certificate ascertaining the names of the shareholders, the number of shares subscribed and the amount of share capital paid up by each of them
  • Our Services for Setting Up a Company in France

    • Checking of Name, Activity, Location, etc. and reserving the same
    • Evaluation and Orientation regarding the most appropriate tax category
    • Evaluation and Orientation regarding the most appropriate company form
    • Preparation, Drafting and Elaboration of Company documents (like Articles of Association or By- Laws)
    • Complete analysis of all the other required corporate documents
    • Filing of Articles of Association or By-laws with the CFE
    • Publication of Notice in the appropriate journal
    • Prestigious Address
    • Forwarding of Incoming Post by Email
  • Advantages of Starting a Business in France

    There are many reasons as to why a businessperson should consider France company formation. Some of them include:

    • After Germany, France comprises the second largest population density in Europe. Consequently, it has an excellent purchasing power. This is precisely why France makes for an attractive market for the service and goods sector
    • It has a competitive market and offers exciting business opportunities to foreign investors
    • The French workforce is qualified and productive. Statistics show that France ranks third in terms of hourly productivity while annual and hourly productivity rates per worker is approximately 20% higher than other European countries
    • France comprises of one of the most well designed and efficient transport networks in the world providing a fast and reliable way to transport and deliver goods
    • France is located in the heart of Europe and shares its borders with Belgium, Germany, Luxembourg, Switzerland, Italy and Spain. France also has direct links to the UK, Algeria and Tunisia. This strategically placed location offers international organisations a great opportunity to sell their products in the European Market.
  • Time Required to Register a Company in France

    It generally takes about 8 – 10 days for company formation in France.

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