France - SÀRL - Société à Responsabilité Limitée

The characteristics of the SÀRL are:

• Only a nominal capital requirement.
• Minimum of one shareholder.
• Only 1 director required.
• No statutory audit needed.
• No annual general meeting of shareholders, if less than 25 shareholders.

Requirements

Requested information and documents for incorporating a SÀRL in France:

• Company name.
• Place where the company will be domiciled.
• Business activity.
• Shareholders: first name(s), surname, address, date and place of birth as well as the first name(s) and the surname of his spouse, in order to provide a renouncement by him of any right to the shares.
• Manager: first name(s), surname, address, date and place of birth. First name(s) (and surname of his father and mother). Copy of his passport (assuming the Manager is a E.C resident).
• Amount of the capital. A €1 capital is now possible.
• Percentage of the shares belonging to each shareholder.
• Proof of the deposit of the paid-in capital deposited in a bank account opened in the name of the company in formation by the investor(s).
• Date on which the financial statements will be closed.
• Lease for the premises.
• Any possible specific provision to be included in the Articles of Incorporation.