Developing a compact to medium operating entity: have an understanding of the distinctive company structures available...
With an EURL, the business is wholly owned by a single individual and managed as a restricted liability single shareholder corporation. The gérant or managing director/company secretary - has sole legal responsibility for running of your company. It's not important that this person be the business owner. It might be a person operating on a non-salaried basis as gérant non rémunéréé. Get a lot more data about
créer une eurl
Within the case of a SARL, the business must have a minimum of two and maximum of 100 partners.
In both the EURL and SARL the company could be established with any level of capital from €1. The owner or owners' liability is restricted for the volume of their capital investment.
APCE have a lot more information on EURL (in French)
APCE have a lot more info on SARL (in French)
Setup process
1st recognize if the activities of the intended company are regulated and if that's the case, verify the qualifications and requirements for a licence and liability insurance.
For a full list of regulated professions and the process required to register: Pay a visit to APCE and pick the profession in the alphabet tabs (in French)
At this point pay a visit to the suitable local CFE office and request the application types and directions on required documents.
Write and adopt the statuts
The decision of statuts (articles of incorporation) can have legal and tax implications. Guidance is usually sought from an accountant or notaire. At this point a managing director (gérant) should be named.
Four dated and signed copies of your statutes have to be lodged together with the Impôts des Entreprises (SIE) within one month of your date of signatures. This could be done by means of the CFE.
APCE have a sample document supplying statutes for an EURL (in French)
APCE also have a sample document offering statutes for any SARL (in French)
Establish a business address (domicile). This can be:
the business manager's home address if they're a home owner
a leased residential address (if agreed by the landlord)
a rented "address" from a business which gives this service (société de domiciliation or even a pépinière d'entreprise)
A certificate of domicile is going to be needed.
Publish a notice of company formation in an proper publication (legal gazette).
APCE have an instance on the text (in French)
Submitting the application towards the CFE
The CFE can supply the complete list of documents necessary, acceptable towards the activities in the company getting formed. However it's going to contain the following:
Two copies on the statutes
A copy on the gazette or the letter submitting specifics to the gazette
Certificate of domicile from the company
Named manager's proof of identity
As soon as submitted, the business is officially open. The CFE difficulties a receipt (récépissé de dépôt de dossier de création d'entreprise) stating that the business is awaiting registration (en attente d'immatriculation). In some cases a unique INSEE number may be issued.
Preparations for trading could begin with applications for installation of electricity, telephone and opening a company bank account. Also registration together with the pensions organisation, company insurance and employee social security.
Note that the complicated nature on the statutes and the legal and fiscal implications implies that the aid and tips of an accountant or lawyer is very encouraged. You'll find several organisations which specialise in setting up EURLs and SARLs in France.
Tax and accounting
This is complicated and also the advice of a professional corporate accountant or tax lawyer is advised each just before the set up process and through the operating from the company.
The company should submit books annually.
The earnings of a SARL will probably be assessed for income tax through the system of corporate taxation. There is also the facility for a "family business" (SARL de famille), where owners can elect to become taxed via individual income tax.
