France company formation is an ideal way for international businesses to trade within the European Union (EU) Healy Consultants offers a complete France company formation service. The following information will help you determine whether France company formation is the optimum corporate structure to fulfill your international business objectives:
100% foreign ownership is required for France company formation. A minimum of one director and one shareholder is required for France company formation using a limited liability company (SARL). They can be of any nationality and need not be resident in France. Corporate shareholders are permitted
France has a wide network of double tax agreements with other countries, including China, India, Singapore, the UK and the US.
It is easy to open global corporate bank accounts to support France company formation. Healy Consultants works with internationally recognised banks to provide corporate bank account services.
Disadvantages of France Company Formation
A French company is liable to pay a profits tax at rate of 34.33%.
A French company is also required to register for value added tax (VAT), for which the standard rate is currently 19.6%.
A minimum capital of 1 Euro is required for France company formation.
Following France company formation, a register of directors and shareholders is available for viewing on a public register.
Following France company formation, it is necessary to submit an annual tax return and and financial statements to the relevant authorities.
France company formation is a relatively time consuming pricess. According to the World Bank's Doing Business 2008 Survey, France is the world's 31st easiest place to do business. |