[ESTABLISHING A BUSINESS ENTITY IN FRANCE] 202
involved in a regulated agreement subject to a control procedure, may not take part in the deliberations or vote of the board on the authorization requested
STATUS OF SHAREHOLDERS
Liability
Limited to amount of contributions
Limited to amount of contributions
Limited to amount of contributions
N/A
Proof of ownership
Shareholders' accounts and share transfer register
Articles of association
Shareholders' accounts and share transfer register
N/A
Participation in decisions
Participate in meetings
Participate in meetings, written or deed consultation
Participate in meetings
N/A
Rights to information
Freely set by the articles of association
N/A
• at any time may request ( inter alia ): - annual accounts -
at any time may request ( inter alia ):
•
annual accounts
- -
performance figures for the last 3 financial years
performance figures for the last 3 financial years
articles of association
articles of association
- -
- -
list of members of the management bodies and auditors
list of gérants and auditors (if any)
15 days before ordinary general meeting must receive the formal documents (i.e., annual accounts, management report, draft resolutions to be passed, auditor's report (if any)) and may submit written questions which the gérant must answer
•
must receive the formal documents before the ordinary general meeting to approve the accounts (i.e., annual accounts management report, draft resolutions to be passed, auditor's report) and may submit written questions which the management body addressed must collectively answer
•
COLLECTIVE DECISION-MAKING
Procedure
• general meetings and videoconference • possible vote by post or by proxy
• general meetings or written resolution or videoconference • meetings are necessary: - to approve annual accounts - if requested by several shareholders • possible vote by post or by proxy
• general meetings, written resolutions or visio-conference • voting procedure freely set by the articles of association
• N/A
ILN Corporate Group – Establishing a Business Entity Series
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