[ESTABLISHING A BUSINESS ENTITY IN FRANCE] 196
Formal requirements
Share transfer order and recording in share transfer register
Must be evidenced in writing in a share transfer agreement;
Share transfer order and recording in share transfer register
N/A
The articles of association must be amended in accordance with such transfer and registered with the Registry of Commerce and Companies. The transfer of shares is subject to a 3% registration fee on the transfer price, payable by the purchaser, considering a minimum fee amounting to EUR 25. However, a deduction equal to € 23,000 multiplied by the percentage of the transferred shares on the total issued shares is applicable on the transfer price. This deduction does not apply to the transfers of shares of real estate companies. In that case, the transfer of shares is subject to a 5% registration fee.
Stamp duty
0.1% proportional fee on the transfer price, payable by the purchaser, with a minimum fee of EUR 25.
0.1% proportional fee on the transfer price, payable by the purchaser, with a minimum fee of EUR 25.
N/A
. In the case of real estate companies, the transfer of shares is subject to a 5% registration fee.
. In the case of real estate companies, the transfer of shares is subject to a 5% registration fee.
ACCOUNTING AND FINANCIAL INFORMATION
Accounting and financial information
balance sheet, profit and loss account and annex
• balance sheet, profit and loss account and annex • management report • inventory • •
balance sheet, profit and loss account and annex
the foreign company which has a French branch must file a copy of its foreign accounting documents (which have been drawn up, audited, and published in the state in which it is located), each year with the registry of the commercial court in France, The filed documents must be translated into French and certified by the depositors
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•
management report
management report
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•
N/A
Losses
net equity cannot be less than half the value of the share capital
• net equity cannot be less than half the value of the share capital •
net equity cannot be less than half the value of the share capital
•
ILN Corporate Group – Establishing a Business Entity Series
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