Frequently Asked Questions about France

The following are some of the most frequently asked questions about France Company Formation:

How long does it take to incorporate a French company?

How difficult is it to open a corporate bank account for a French company?

Am I required to visit France to incorporate a company there?

What is the minimum number of directors required for a French company?

Is a resident director required?

What is the minimum number of shareholders required for a French company?

Are shareholder/director details available for public viewing?

What are the minimum capital requirements for a French company?

Is a French company required to submit an annual return and/or financial statements?

How much tax does a French company pay?

Does a French company need to register for VAT?

How long does it take to incorporate a French company?
Setting up a French company can be completed in about three weeks.

How difficult is it to open a corporate bank account for a French company?
It is very easy to open a corporate bank account with a reputable international bank in the France.

Am I required to visit France to incorporate a company there?
No. Healy Consultants can legally incorporate your France company without you needing to travel.

What is the minimum number of directors required for a French company?
A French company needs a minimum of one director.

Is a resident director required?
A director is not required to be a resident in France.

What is the minimum number of shareholders required for a French company?
A French limited liability company (SARL) requires a minimum of one shareholder.

Are shareholder/director details available for public viewing?
Yes, a register of directors and shareholders is available for public viewing.

What are the minimum capital requirements for a French company?
A minimum capital of 37,000 Euros (approximately US$46,582) is required for the formation of a SA (société anonyme), whereas the minimum capital requirement for a limited liability company (SARL) is 1 € (US$1.27).

Is a French company required to submit an annual return and/or financial statements?
A French company is obliged to submit an annual tax returns and audited financial statements.

How much tax does a French company pay?
A French company is liable to pay a profits tax of 33.33%.

Does a French company need to register for VAT?
A French company is required to register for VAT, which the standard rate is currently 19.6%.

Contact Us

For more information on any of our Belgium corporate services, please e-mail email@healyconsultants.com or telephone us at (+65) 6735 0120.

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