types of french companies
TRANSCRIPT
Types of French Companies
This video is brought to you by our specialists in company formation in France
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Starting a Business in France >>
• Whenever an entrepreneur decides to set up a company in France, he must be aware of all the types of companies available in this country.
• Before starting a business in France, it is very important to choose the best structure that suits your interest and objectives.
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>> Starting a Business in France
• There are several types of companies available for incorporation in France and each one has its characteristics.
• Our company formation agents in France can help you choose the most suited company type for you business and can also provide you with legal assistance throughout the company registration procedure.
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What Are the Types of Companies Available for Incorporation in France?
• The types of legal entities you can choose from when setting up your business in France, are the following:
French joint stock company (SA);
French limited liability company (SARL);
Simplified stock corporation (SAS);
French sole proprietorship (entreprise individuelle);
Commercial partnership (SNC).
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What Is a Joint Stock Company (SA) in France?
• Entrepreneurs and foreign investors should know that in order to set up a French SA a minimum of seven shareholders are required.
• The founders can either be individuals or legal entities.
• The initial share capital for company formation in France is 37,000 EUR.
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What Is a Limited Liability Company (SARL) in France? >>
• This legal entity is usually recommended for small and medium sized companies which are set up in France.
• This type of business in France can only be incorporated by at least two shareholders.
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>> What Is a Limited Liability Company (SARL) in France?
• No more than 100 individuals or legal entities can form a French SARL.
• No minimum share capital is required.
• Our company formation experts in France can help you set up a limited liability company in this country.
• All you have to do is to contact them.
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What Is a Simplified Stock Corporation (SAS) in France?
• This French company type is similar to joint stock corporation, but it is more flexible.
• It requires only two partners for company formation in France.
• A chairman or a president must be appointed by the shareholders.
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What Is a Sole Proprietorship in France?
• When only one founder decides to set up a business in France, one of the most common choices is to open a sole proprietorship.
• The founder is fully liable for all debts and obligations.
• No initial capital is required for this type of business in France.
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What Is a Commercial Partnership (SNC) in France?
• At least two partners are necessary for company formation as far as a partnership is regarded.
• Partners are responsible for the obligations and debts of the partnership to the extent of their personal assets.
• No minimum capital is required for setting up a commercial partnership in France.
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Company Formation in France
• For more information about the particularities of each type of company in France, do not hesitate to contact our experts in company formation.
• Our local company formation team will offer you assistance and guidance throughout the entire process of company incorporation in France.
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Thank you for your attention!
• Please contact us for more information at:
(+44)203-287 0408
http://www.companyformationfrance.com/