Registration of
offshore companies

A ready-made company with bank account in France

Service: Ready-made company with an open bank account in France

France is a transcontinental state, a nuclear state, a member of NATO and the United Nations, a member of the European Union. Many entrepreneurs seek to buy a ready-made company in France, as the jurisdiction is considered highly developed, occupies one of the leading places in terms of industrial production.

The main types of legal forms

Before registering a company in France in 2021, it is recommended to decide on the organizational-legal form. The most common forms of business are limited liability company (SARL), joint stock company (SA or SAS), sole proprietorship, limited liability company with one shareholder, as well as general partnerships.

When choosing, it is important to consider the nuances of management and accounting of companies, the peculiarities of paying taxes. There is a possibility of registering a company from scratch or buying a ready-made company with an open account. In the second case, the new owner will be able to make adjustments to the charter, change the composition of the founders and the address and limited liability company.

Features of the registration of the company

Buying a ready-made company in France with an open bank account is relevant if you want to start doing business as soon as possible. To clarify the nuances of the purchase of a ready-made business, please contact our experts at IT-OFFSHORE.

SARL companies are the most common in the country. To open such a company, you will need one director, there is no nationality requirement. At least one shareholder - individual or legal person is required.

To open a company you need to collect a number of documents. Necessary information about the founders, articles of association, data confirming the appointment of the manager, copies of passport of the manager, application for registration and proof of payment of state fee.

Tax rates

All businesses in France must pay income tax. In order to set the tax rate, you will need to first calculate the amount of net income for the reporting period. If the net income is up to 38120 euros, the rate will be 15%, otherwise it may be up to 33.33%.

The standard VAT rate is 20%, but some goods and services may be subject to a higher rate of up to 33%. Property owners and renters must pay the fees.

Pros and cons of opening a company

Doing business in the country is beneficial because the state is characterized by a friendly business environment. The state is a member of the European Union, due to which there is an opportunity to enter the European market, France has a favorable geographical location.

The country has a high standard of living, is respectable. It is relatively easy to open a company in this state, the tax rate is relatively low.

How to open an account

To open an account at a local bank will need to collect a large amount of documentation. It will be required to provide identification, information about work history and proof of origin of funds.

To open an account for a company, you need to prepare corporate documents, describe the company's activities in detail and provide a business plan. Additional documents may be requested at the bank's discretion.

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