Dormant French Companies And Their Benefits
If you wish to hold a brand, a trademark or a name, the best way is to set up a dormant company in France. The company will not be registered with VAT and annual declaration will be very simple. A bank account is not needed.
A dormant company in France allows you to buy a French website domain name, register a brand, and protect your trademark in France.
For a Dormant company in France the minimum share capital is €1.
Minimum number of directors is one and minimum number of shareholders is one this can be the same person.
All non EU residents are required to apply for the government authorization if they want to open a SARL in France. This includes applying for an extract of criminal record 9not less than 3 months old0 which needs to be officially translated into French by a certified translator. A list of translators can be obtained through the French Consulate in the country of residence.
Annual returns (dormant accounts, registration of the accounts) must be done.
HOW DO I PROCEED?
In order to commence the formation procedure, we will require the following:
- 100% of the company formation cost.
- A completed application form
- A certified copy of each directors/shareholders passport
- Two utility bills that are less than three months old.