Overview of France Company Registration

France company registration is a step-by-step process that includes filing the application form along with the necessary documents. Getting various applicable licenses and permits in order to conduct business is also part of the registration process. France being the second largest economy in the Eurozone and the fifth largest economy in the world provides opportunities and multiple advantages to those people who want to set up and register their business in France. Instead of the EU competitors, France has adopted a more liberal corporate culture and they also have noticeable success in FDI (Foreign Direct Investment). Thus, to speed up the market, France is attracting investors and entrepreneurs from all across the world.

Benefits of France Company Registration 

The benefits of France company registration are:

• Simple Registration Process: France company registration is easy as compared to different European countries. This is because France is the country which favors the operations of the corporate sector by providing various business support. 
• Incentives and Perks: The government in France provides incentives as well as various benefits to support businesses in France and help them in expansion.
• Suitable Infrastructure: Suitable infrastructure as well as enough services such as electricity, railroads, roads, ports and different offerings are provided to the business through the French government.
• Skilled Workforce: France is known for having great-skilled staff everywhere in the world.
• Largest Economy: France is the second largest economic system in Europe and 5th biggest in the global with 65 million customers and up to at least one trillion GDP in a year.
• Loans with Low-interest Rates: The public sector of France gives loans to organizations with low-interest rates that encourages extra groups to enter the French market.

Documents Required for France Company Registration 

The documents needed in order to complete the France company registration process are:

• Charter of the SARL
• Notarized Memorandum of Association
• Notarized Article of Association
• Board resolution, if needed
• Publication of the decision to open a company in the National Gazette
• Application form for company registration and fees
• Application forms that are issued by the Trade Registrar
• Documents of the company’s founders- address, passports, visa, etc.
• Documents for the identification of shareholders that are notarised
• Information about the company’s manager- appointment letter and identity related evidence 
• Document containing statements supporting no criminal background for the manager

Step-by-Step Process for France Company Registration

The steps to complete the process of France company registration are:

• Proper Business Structure: To choose the business structure depending on the type of business that is going to be registered id the first step of France company registration. 
• Develop a Business Plan: It is important for the company to develop a solid business plan.
• Registered Office Address: In France, it is important for the company to have a registered office address.
• Separate Bank Account: It is essential for a company in France to open a corporate bank account and deposit initial share capital.
• Documents for Incorporation: Necessary documents that include articles of association have to be drafted and notarized.
• Registration with the Centre de Formalites des Entreprises (CFE): Businesses can be registered in CFE and a unique registration number (SIREN) of the business can be obtained.
• Registration of VAT: VAT Registration is necessary for most of the businesses in France as it is essential for the purpose of tax and trading requirements.
• Register with Social Scrutiny Organizations: To register themselves with the social scrutiny organizations as they include health insurance, social charges and pension contributions.
• Obtain Licenses for the Business: The Company must obtain all the important licenses as well as permits for conducting business depending on the type of business established.
• To Hire Employees: The Company must comply with French labor laws if they plan to hire employees in their company which includes setting up payroll.

Various Types of France Company Registration

Before starting France company registration, it is necessary to know about all the types of companies in France which helps in identifying the best-suited type of business. Some of the key types of company structures for France company registration are:

• Business Corporation or Societe Anonyme 

There must be at least seven shareholders to set up this type of company with a minimum share capital of 37,000. The shareholders of such a firm are responsible up to the amount of their capital contributions.

• Limited Company

This company is also called an EURL company and the minimum number of shareholders in this company is one. The top managers in these companies have more onerous tax and security rules than the managers of SA.

• Simplified Stock Corporation (SAS) 

This is a new type of entity in France and the company must have at least one shareholder and one director. There is no requirement for a board of directors. Over time, the SAS business structure has become the most common business structure in France.

• SCI or Societe Civile Immobiliere

The incorporated SCI companies are similar to the private limited companies. These companies have a registered office or property in France that can either be rented out to professionals or can be made freely available for its shareholders. This is because the property is the shares of the SCI who/which owns the property.

Why Choose Whizseed for France Company Registration? 

In order to do France company registration, it is important to understand the different types of business structures and choose one accordingly and this is where Whizseed is going to help you out. Entrepreneurs these days are eager to register and set up their companies in France, expand their business and seek to take them to a global level. The individual who wants to register their business in France must avail the services of Whizseed to register their company by following the proper process. They will not only make your work easy but also provide you support from beginning to end till you will not get the registration certification.