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How to start a business in France

Filed under:Living in France

When it comes to starting a business in France, there are a number of procedures that you need to be aware of. First off, like any other business, you need to choose a name for the business. In France, you will need to check with the Institut National de la Propriété Industrielle to insure that the name is a unique one in the country. While a unique name is not necessarily a mandatory one, it is highly suggested and since it does not cost anything, it is better to be safe rather than sorry.

You will also need to deposit the initial business capital which once again will not cost you anything to do. This capital needs to be deposited through a notary public, a bank or the Deposit and Consignment Office in which it will need to stay until the registration of the business has been completed.

For a 150 Euro fee, you will need to provide notice of the incorporation of the company so that any disputers may come forward and stake their claim. After this notice is posted, you can then make your way to the Centre de Formalités des Entreprises where you can request the company’s registration which will cost you just a little more than 120 Euro.

In France you are required to purchase certified company books which can include things like inventory books, minute books as well as legers for which each book will also need to be stamped and signed by a clerk of the commercial court. This particular procedure will cost you roughly 40 Euro per book plus a stamping fee of just over 3 Euro.

Assuming everything is done correctly, the certification will be issued within no time along with the release notice that will allow you to have access to the start-up capital so that you may open up your business.

by Nichole Williams, AboutFrenchProperty.com - Copyright © About French Property

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