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Offshore Company Registration in France

France is the second most populous and Europe's number three largest nation. It's amongst the globe’s top ten economies, making it a home to several large international firms. To put it succinctly, France is the finest and most popular destination for global investment in Europe. It's a smart start to register your company in France, especially if you have plans to expand your business in the forthcoming years. In France, you get to add more and more shareholders as your corporation grows. The other advantage is that France makes it possible for you to protect your assets. In this regard, your company becomes a legal entity. Therefore, you will not be held responsible for any of the company's debts.

In totality, France does not exempt offshore companies from taxes. It only reduces it by a smaller percentage. Therefore, what you stand to benefit from are their stable economy, large population, and advanced infrastructure. Register your company in France today by following the above steps.

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France is the second most populous and Europe's number three largest nation. It's amongst the globe’s top ten economies, making it a home to several large international firms. To put it succinctly, France is the finest and most popular destination for global investment in Europe.

 

It's a smart start to register your company in France, especially if you have plans to expand your business in the forthcoming years. In France, you get to add more and more shareholders as your corporation grows. The other advantage is that France makes it possible for you to protect your assets. In this regard, your company becomes a legal entity. Therefore, you will not be held responsible for any of the company's debts.

 

Benefits

High revenue

Revenue on sales is high. Also, the client's sales income is fair since France has the second-largest consumer market in Europe. 

 

Taxation 

Established corporation taxes are fixed at 9%, and French corporations have legal tax incentives and exemptions. 

 

Reliable funding source 

France's public investment bank gives small interest loans of up to 1.5 million euros. This helps in the financing projects in corporations whose employee number is below 250. The same applies to those with less than 50 million annual revenues, and it has been operating for three or more years. 

 

Reduced production costs.

France has the best workforce in conjunction with advanced infrastructure.

 

Strong intellectual property laws

Since 2014 French corporations have benefited from the unified clear registration procedure that guarantees legal protection in EU nations. France is a member of the WTO’s agreement, meaning that your corporation will be protected from IP violations.

 

Time to incorporate

The approval of a French LLC company will take 14 days upon submission of the registration fee.

and the required documents .

 

Service fee

It will cost 30200 euros to establish a company in France and a 2,100 euros subscription in the subsequent year. 

 

Documents required

1. Documents showing the founders' complete names, dates of birth, and places of registration, as well as passport copies;

2. Provide two copies of the SARL charter;

3. The appointed manager's details;

4. Filing for application of business registration in France;

5. Proof of no criminal records held by the manager; 

6. Certificate of shares and the memorandum of articles of association; 

7. Receipts of the registration and state fee payment;

 

Process of registration

The registration process can be physically done at the Centre de Formalités des Entreprises or online through www.guichet-entreprises.fr. Website. 

1. Confirm all the details, such as the name and scope of activities of the company. Once done, they should be published in the Authorized Bulletin of Civil and Commercial Announcements. 

2. Set, document, and transfer your company's capital; 

3. Get a legal practitioner to write your company's documents, including the memorandum of articles of association. The documents should be signed by directors and shareholders. 

4. Take the Dossier to a Commercial Court. This can also be done online. 

5. Issuance of the Corporation's Registration Certificate and the VAT number;

6. Note: this is only after you have submitted the required documents. The certificate will be released within 24 hours. It contains the company's registration number. The VAT number, on the other hand, will be released after three weeks. 

7. Opening a corporate bank account;

8. Appoint a chartered accountant to help you deal with France's finical laws

 

FAQs

What does SAS mean?

France's Societé Par Actions Simplifieé is a new company system in France. It's intended to facilitate the creation of joint ventures between French companies and international partners.

 

Because of the conservatism of French laws on corporate's French firms formerly found it difficult to get into joint ventures with international companies. Thanks to the SAS, companies are now finding their way into international partnerships. 

 

What's an SCI in France? 

Comparatively, the private limited company have much in common with the SCI. The distinctive feature is that an SCI has a registered office and properties in France. Since it's the shares to keep the properties in shape, shareholders can use them. And the size of ownership is thus based on the number of shares each of the holders has. 

 

Summary 

In totality, France does not exempt offshore companies from taxes. It only reduces it by a smaller percentage. Therefore, what you stand to benefit from are their stable economy, large population, and advanced infrastructure. Register your company in France today by following the above steps. 



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