ESTABLISHMENT OF COMPANY IN FRANCE

ESTABLISHMENT OF COMPANY IN FRANCE
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Introduction

France is a European country. France has a strong economy and a suited business environment. France became a popular country for entrepreneurs to establish their businesses in Europe. Just like other countries, France also offers many opportunities to entrepreneurs for their businesses and helps them in their business establishment. There is a stable business climate, and France is a friendly country.

Benefits of Establish a company in France

There are the following benefits of establishing a company in France:

  1. Access to a wide market: France has a large market to explore for business purposes.

  2. Skilled Human Resources: The  Country provide a friendly work environment, and they have a high education rate and skilful professionals.

  3. Friendly tax environment: Depending on the types of businesses, the country can offer incentives and has different tax rates on different types of businesses.

  4. Funding: The government gives financial support to the startups and helps them to grow.Business-Friendly Environment: There is a business-friendly environment that helps entrepreneurs grow and help them to establish their businesses.

Types of Companies in France

  • Societe Anonyme (SA) is a public limited company.

  • Limited Societe a Responsibility (SARL) is a private limited company.

  • Enterprise Individual (EI) means only ownership with no minimum share capital.

  • Societe civil Professional (SCP) means a professional partnership where there is no minimum share capital.

How to establish a company in France?

The following steps of establishment of a company in France:

  1. Company name: choose a company name first, after that, the registration process will start.

  2. Identity: Register the company and get a unique identity. 

  3. Draft the articles of the company, Which show the company’s purpose and management.

  4. Business license: Get a business license from a local authority.

Documents Required to Establish a Company in France

The following documents are required:

  • A copy of the articles of company.

  • A proof of the credited shared capital.

  • Identity proof documents of the company’s head.

  • Proof of the company’s address where the company is located.Registration of a company in France

 

You need to take the following steps to register a company in France:

 

Step 1: Select a unique name for the company and open a corporate bank account.

Step 2: Publish a legal notice to inform the public about the company’s establishment.

Step 3: Get a certificate of establishment to confirm a company’s existence legally.

 

Conclusion:

Establishing a company in France is a difficult process, but their government supports entrepreneurs to successfully establish their businesses. Entrepreneurs need to seek professional advice before taking any step to avoid unnecessary delays and anomalies.

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