Company formation in France
COMPANY FORMATION IN FRANCE
France has a relatively high corporate tax rate for trading income (approx. 34%) and the tax authorities do not tolerate France company transactions related to companies from traditional tax havens. Nevertheless, a France company’s prestigious status can be used to your advantage without the high tax expense if applied as a dormant (non-trading) company. Whilst dormant, the company opened in France can be useful to:
- Purchase and hold brand names
- Act as parent company of a foreign representative office
As long as the company in France is not trading, the company dormant status can be maintained every year with the local tax authorities. ** For selling of the brand within the EU, we suggest using New Zealand, Panama or United Kingdom company structures.
REQUIREMENTS FOR THE FORMATION OF FRANCE DORMANT COMPANY
- Minimum share capital for France dormant company is €2.
- No company bank account needed in France for dormant company registered in France and not recommended.
- Minimum number of directors and shareholders in France company is one. We recommend using European directors and shareholders for company registered in France.
- OECD citizens (incl. USA & New Zealand) are not required to apply for the government authorization if they want to open a SARL in France.
- No personal visit required to France company formation agent if company will be dormant and no company bank account is opened in France.
FRANCE COMPANY FORMATION FEES
Please contact us for recent France company formation prices.
TIMESCALES FOR COMPANY FORMATION IN FRANCE
- Incorporation of company in France takes up to three weeks. We offer although the ready made shelf companies in France
- Legalising company documents with French apostille: 3 weeks
VIRTUAL OFFICES FOR COMPANIES REGISTERED IN FRANCE
- A virtual France company office with telephone, fax, mail forwarding in Paris/Nice will cost €250 per month payable quarterly in advance and €800 deposit (refundable within 30 days upon termination of France company virtual office contract).
- Serviced office for company in France: as per requirement. Please contact us for company office fees in France.
HOW TO REGISTER A COMPANY IN FRANCE?
To start a French company formation, we will require the following:
- 100% of the France company formation cost
- A completed France company registration application form
- A passport copy of the beneficial owner of company in France
- A utility bill copy that is less than three months old or proof of place of residence in domestic passport
Please send your documentation for company formation in France to:
SIA IBC Konsultants
Antonijas St. 22-4, LV-1010
Riga, Latvia
Fax: +371 67333957
Email: info@eurocompanyregistration.com
Skype: Contact_IBC
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