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France

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Nominee Director in France

January 28, 2013, 6:12 am
BridgeWest

The French company’s articles of association are stipulating that minimum one administrator is required in order to act in the name of the entity on the market and perform all the necessary actions required for registration.

The French joint stock company (Société Anonyme - S.A.) and French limited liability company (Société A Responsabilité Limitée - S.A.R.L.) are based on a set of regulations called articles of association, which contains the name of the company, the address, the deposited capital, the shares characteristics, the way of accepting shareholders, the company’s availability term, the way of appointing the directors and their dismissal. Besides this, the names of the company’s representatives are stipulated here and can be replaced from it with the names of the company’s nominee directors for assuring the confidentiality of the real beneficial owners. The nominee directors can be individuals or corporate bodies and are appointed during the first general meeting of the shareholders.

Unlike offshore jurisdictions where the nominee director is only renting his/ her name to be used on the company’s documents and receives a fee for this, in France it must act as the company’s representative and perform all the specific activities which an administrator would make, such as registering the company at the authorities and in the specific registers, delivering all his details to this authorities and registers, participate at annual audits, keeps all the registers and specific documents and statements and deliver it to the authorities and convene general meetings of the shareholders.

Usually in the offshore jurisdictions around the world the process of appointing a nominee director begins with renting the name of this individual or corporate body, followed by granting all the powers to the beneficial owners through a power of attorney after the incorporation.

The procedure of appointing a nominee director is not very popular in France (because of the above characteristics), as it’s a process usually characteristic to offshore jurisdictions. There is no legislation to regulate the process of appointing a nominee director in France, however BridgeWest can offer in certain cases nominee directors in France depending on certain specifics of your business in the country. Please contact us for more information.




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Company Formation in France

Paris

Setting up a company in France can be done in a short amount of time and implies low costs.

Any person - no matter his or her nationality or residency - can be a director or a shareholder in a company in France. Shareholders of a Fren ... [More]

Lawyers in France

Paris

BridgeWest provides a wide range of legal services in France through our affiliated French lawyers and Law Firms in Paris and other major cities in France. We are mainly specialized in the main aspects of French Commercial Law, including Company F ... [More]