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Company in France, Business in France

There isn’t another country, which would simplify the process of business establishment as much as France. There are dozens of internet guides on opening a company. Free of charge one can obtain all the relevant information, starting from business plan outlines, finishing with the registration process. In France, like in Portugal, exists „one counter” rule. All the formalities can be handled in the Center for Business Formalities (CFE).

Depending on the type and size of company those counters can be found in different places. In case of a sole trader and trade company, the formalities are taken care of by the Trade Chambers. Registration of specific occupation is done in the Guilds. There is only one problem: CFE will not start the procedure without the copy of resident permit. Resident permit (obligatory incase of a stay longer than 90 days) is issued by local prefecture. The clerks ask for the sum on bank account and the reasons to stay in France. Persons which obtain the permit (it lasts up to three months), turn to Trade Chamber (sole trader) or to the Court (in case of company).

The latter form of activity is getting more and more popular. In courts there is also a “one counter” rule. It is enough to file the form and deliver the documents: regarding the Board members, certifying the payment of the stock capital, notarized Articles of Association. Clerks of CFE will send the relevant information to corresponding departments on their own. The departments will contact the entrepreneur and send him the documents.

The minimal stock capital of Ltd. is 7600 Euro. Before opening such company it is advisable to the Trade Chamber of to the Guild. There are special departments which advises on project, legal form, reliefs. Some chambers have even so called “bid agents” who monitor all bids. For small fee, one can use information collected by them.


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