F.A.Q.

After the European borders were opened in 1993, all European nationals were able to form a company in a Member State of their choice without the obligation to live there and this is within respect for national company law, pursuant to the 11th Council of Europe Directive (89/666/CE).

To ensure compliance with the Decree of 30th May 1984 (on registration in France of trading companies with their registered office abroad) of the European Union Directives, the 11th Directive was transposed to French law by decree number 92,521 of 16th June 1992, published in the official gazette on 17th June 1992. Likewise, the other European countries have transposed that directive to their national law.

As of the moment when we have all your information and documents, the incorporation time depends more on your availability to attend an appointment with us to sign the papers required to form the company. In general, you may obtain an appointment within 48 hours, even less in certain cases.

The presence of the administrator is essential, although if you have shareholders, the share transfer may be performed remotely.

The company is ready to bill from the day of signing before the Notary Public.

To reserve your company, we ask you to first pay a transfer deposit of € 500. You will pay the balance on the day of attending to sign, either in cash or by bank card.

A European directive regulates transfers from one country to another. For transfers with a value under € 50,000, the delay in making the funds available is a maximum of 6 days. Double withdrawals are forbidden and payments not achieved are reimbursed with interest. Moreover, the clients must be informed of the delays, of the exact charges and the possible pleas. Specific regulations also apply to cross-border transactions to make them similar to transactions performed within the same country (withdrawals from distributors, transfers, operations with bank cards).

Money transfers to a European personal account are free below € 7,600 per transaction. Above that sum, whether of money, titles or securities, a declaration to the customs authorities is mandatory (anti-money laundering laws).

There is no prohibition on a company being formed by persons prohibited to manage or subject to banking prohibitions.

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