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Establishing a Company in France by Alice Zara





Article Author Biography
Establishing a Company in France by
Article Posted: 07/02/2013
Article Views: 271
Articles Written: 25
Word Count: 910
Article Votes: 0
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Establishing a Company in France


 
Business,Business News
The following text provides an in depth abstract of the bureaucratic and legal hurdles an entrepreneur needs to overcome so as to incorporate and register a brand new agency in France. It outlines the steps involved in establishing a business or industrial agency with as much as 50 employees and begin-up capital of 10 times the economy’s per-capita gross national income (GNI).

1. Examine title for uniqueness with the Institut National de la Propriété Industrielle (INPI)

Though it is not legally obligatory to examine the intended firm title for uniqueness earlier than registering an organization, this step is included as a result of legal outcomes may follow if this process is excluded. If the title isn't checked and verified, the corporate / business is vulnerable to a lawsuit by another company. The company title could be checked on-line, and a abstract examine is free, but fees are incurred for copies of trademark filings found. An non-compulsory search of similar logos could be undertaken. These incur fees of EUR 40 for one class and EUR four hundred for all classes.

2. Deposit the initial capital

It's a requirement that the initial capital be deposited with a notary public, the financial institution, or the Deposit and Consignment Workplace (Caisse des Dépôt), within eight days of the collection of all funds. At some point of the registration period, the initial capital is blocked, after which launched as soon as a Ok-bis kind is presented.

3. Publish a notice of incorporation of the corporate

The notice of incorporation of the corporate is required to provide the title of the corporate and its supervisor (gérant), share capital and registered office. The founder needs solely a letter from the legal journal outlining the deliberate publication. The publication price incurs a price of EUR 5.20 a line for 40 characters, and dependent on the notice size and layout, the price can vary from EUR a hundred and fifty to EUR 300.

4. File a request for a company’s registration with the Centre de Formalités des Entreprises (CFE)

The Centre de Formalités des Entreprises (CFE) deals with all matters regarding the trade register in the court docket (RCS, Tribunal de Commerce), tax authorities (Centre des Impôts), statistics (INSEE), labor (Path Departemental du Travail et de L’emploi), social safety (URSSAF), medical insurance (Caisse regionale D’assurance Maladie), unemployment insurance coverage, pension, Employment Pole (Pole Emploi), and similar organizations. Included in that is the corporate bylaws registration with the tax office. Documents which have to be filed in a single file embrace: Company articles of affiliation and bylaws, lease, attestation of receipt of funds, paperwork concerning the supervisor, ad hoc varieties, proof of publication, and so on. After receipt of the request, the CFE is required to course of the paperwork and ship them to the respective offices and authorities. The CFE is given 15 days to return the paperwork for completion, if the request is incomplete. The information is entered mechanically by the CFE in the Registre Nationale des Entreprise (Répertoire SIRENE). The CFE then receives identification numbers from the RNE: numero SIRENE (Systéme Informatique pour le Répertoire des Entreprises), numero NAF (Nomenclature des Activitees Francaises) and numero SIRET (Systéme Informatique pour le Répertoire des Etablissements). The tax authorities use the SIRET, amongst other things.

The Dutreil Regulation, the CFE or the Industrial Registry can deliver firm creation receipt (récepissé de creation d’entreprise) as soon as they have obtained the documents. This allows the corporate to start operations with out having to attend for its RCS number.

Though, the principle of electronic firm registration was enforced by Regulation 2003-721 (August 1, 2003) and implemented below Decree No. 2005-seventy seven (February 1, 2005), a tough copy file can also be nonetheless a requirement. The founder has the choice to file both with the CFE or instantly with the Corporations Registry (greffe), which subsequently information the paperwork with the CFE on the corporate’s behalf, as of Decree No. 2006-679 of June 9, 2006. This feature prices much less as a result of the CFE service fees aren't included. Nonetheless, the corporate’s bylaws have to be registered with the tax administration in particular person, by the founder.

5. Purchase firm books (minute books, inventory books, ledgers). Have firm books initialed and stamped by the clerk of the business court docket

Particular accounting firm books which have numbered pages / numbered sheets have to be purchased from the court docket or specialised shops, both of which have to be licensed by the Industrial Court. The certification is made solely as soon as (when the corporate is included), if a ebook with numbered pages is used, and where numbered sheets are used, the certification have to be made for the minutes of shareholders’ meeting. For sensible causes books are often used, as a result of if an accounting ebook is used, the certification must be made as soon as every fiscal year. It is potential to have an electronic minute ebook, offered that the steps to draft the document is secured (to avoid document modification as soon as it's drafted). This motion isn't often used as a result of a secured process has not been clearly determined and the business court docket certification is extra intricate in that case. After the corporate begins its operation, it's potential to acquire the ebook later.

We offer a series of specialist services for Company Registration France, incorporation, taxation, accounting and more. For further information Call 353-1687-4518

Related Articles - company registration france, register a company in france, company formation in france,

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