If you are planning to set up a structure to carry out your business, you will need to create a company and register it with the relevant authorities. Since the administrative formalities involved in this process are often complicated, here are some tips to help you through the process.
Step 1: the legal form or status
When setting up a company, the first thing to do is certainly to determine its legal status: limited company, simplified joint-stock company, one-person limited liability, etc. If you have any doubts or questions, do not hesitate to ask for advice from a business lawyer or an accountant.
For the next step, you will need to draft the statutory clauses in the form of a legal document. This document contains all the information relating to your company: identity, procedures and operation, capital and partners, etc. Since the articles of association are regulated by strict legislation, consider entrusting the drafting of the clauses to a lawyer to avoid legal problems.
Step 2: The capital and the legal notice
The share capital represents the funds that will fund the creation and operation of the business. As a rule, the terms and conditions governing the share capital are set by the partners. In any case, the share capital can be fixed or variable, increased or reduced, and subject to a minimum or not. It all depends on your legal status!
When you set up a company, you will be asked to publish a legal announcement in an official journal, authorised by a prefectural decree. This announcement will have to comply with a standardised norm, so it is ideal to use an online tool for drafting it. You can also contact the official bulletin authorised in your district directly to learn about the procedures to follow.
Step 3: filing the registration file
Once your legal announcement has been published in an official bulletin, the latter will send you a certificate of publication, a document that will later be essential for registering your company. You can now apply for registration!
To do this, you must send your complete file to the centre for business formalities. If everything is in order, the latter will provide you with a receipt of declaration after one week. An official document attesting to the legal existence of your company extract will then be sent by post after two weeks. Receipt of the letter will make the creation of your company official.
Finally, yous should know that this process can be carried out online on dedicated websites. Before entrusting the project to an online platform, however, check carefully whether it is authorised to handle the registration procedure.