Incorporation and deposit of business share capital

The social capital of the business is money partners.

The value of property owned by business, such as the trade fund, buildings, trademarks, is also taken into account.

Each partner will get a number of share based on the amount of the contribution he made.

There are 3 types of inputs:

• Cash (i.e. money)
• Contributions in kind (buildings, machinery, etc.)
• Industry inputs (know-how, experience, relationships that a person puts at the service of business)

Only cash and in-kind contributions make up the social capital of the business.

The share capital constituted at the creation of the business has 2 purposes:

• It serves division of powers within the business.
  The partners will obtain voting rights based on the contribution they have made to the share capital of the business.
  These voting rights will be useful during ordinary and extraordinary general meetings in decision-making.
  Associates will also receive dividend which will be proportional to their participation.
• It serves as method of financing.
  Social capital will make it possible to compensate for the losses of the business that are too great and to prevent it from ending up in termination of payment.

The starting amount Social capital is free. It is defined in the business statuses.

The higher the share capital, the more secure the business is. It will give the business a better chance of getting a loan from a bank.

It is not mandatory to deposit the full amount indicated in the articles of association from the outset.

However, minimum20% of the amount indicated must be deposited.

The remainder must be paid within 5 years after business registration.

Deposit of share capital is one of the first steps of the constitution of the business.

This deposit must be made before signing of statutes and business registration.

The share capital must be deposited by the principal.

The business may also provide a proxy to a specified person and authorise the person to deposit the share capital on their behalf. We talk about authorised person by business.

The share capital may be deposited in one of the following ways:

• Bank check from a bank in France
• Bank transfer
• Species

The deposit must be made on a account blocked to a bank or a notary.

Funds will be available after the business has been registered in the Trade and businesses Register (RCS: titleContent) and the national register of companies (RNE: titleContent). They say social capital is receivership.

The deposit of the share capital must be made within a period 8 days following receipt of funds, i.e. the contributions of all partners.

The authorised person or company officer must file the following documents:

• Application for filing
• Identity document of the person making the deposit
• Identity document of each partner or shareholder
• Draft complete and dated statutes less than one year
• Proof of domicile of the head office of the business less than 3 months
• Address of the business' legal representative

The Fund Depositary must provide you with a certificate of deposit that includes:

• Name or corporate name of the business to be established
• Address of head office
• Total amount of paid-up capital
• Amount paid by each partner or shareholder with name
• Place and date of filing
• Stamp and signature of the depositary

Funds of the business' capital will be released after business registration.

We will have to present a supporting confirming that the business is properly registered.

These funds can then be placed on a current account opened on behalf of the business and used as needed.

The social capital of the business is money of shareholders.

The value of property owned by the business, such as the trade fund, buildings, brands, is also taken into account.

There are 3 types of inputs:

• Cash (i.e. money)
• Contributions in kind (buildings, machinery, etc.)
• Industry inputs (know-how, experience, relationships that a person puts at the service of business)

Only cash and in-kind contributions make up the social capital of the business.

The share capital constituted at the creation of the business has 2 purposes:

• It serves division of powers within the business.
  Shareholders will obtain voting rights based on the contribution they have made to the capital stock of the business.
  These voting rights will be useful during ordinary and extraordinary general meetings in decision-making.
  They will also receive dividend which will be proportional to their participation.
• It serves as method of financing.
  Social capital will make it possible to compensate for the excessive losses of the business and to prevent it from ending up in termination of payment.

The starting amount Social capital is free. It is defined in the business statuses.

The higher the share capital, the more secure the business is. It will give the business a better chance of getting a loan from a bank.

You do not have to deposit the full amount indicated in your articles from the start. However, minimum50% of the amount indicated must be deposited.

The remainder must be paid within 5 years after your business registration.

Deposit of share capital is one of the first steps of the constitution of the business.

This deposit must be made before signing of statutes and business registration.

The share capital may be deposited in one of the following ways:

• Bank check from a bank in France
• Bank transfer
• Species

The deposit must be made on a account blocked to a bank or a notary.

Funds will be available after the business has been registered in the Trade and businesses Register (RCS: titleContent) and the national register of companies (RNE: titleContent). They say social capital is receivership.

The authorised person or company officer must file the following documents:

• Application for filing
• Identity document of the person making the deposit
• Identity document of each partner or shareholder
• Draft complete and dated statutes less than one year
• Proof of domicile of the head office of the business less than 3 months
• Address of the business' legal representative

The Fund Depositary must provide you with a certificate of deposit that includes:

• Name or corporate name of the business to be established
• Address of head office
• Total amount of paid-up capital
• Amount paid by each partner or shareholder with name
• Place and date of filing
• Stamp and signature of the depositary

Funds of the business' capital will be released after business registration.

We will have to present a supporting confirming that the business is properly registered.

These funds can then be placed on a current account opened on behalf of the business and used as needed.

Your business' share capital is made up of money that you did.

The value of property owned by your business, such as the trade fund, buildings, trademarks, is also taken into account.

You must deposit your business' share capital on a dedicated account for this purpose, which you will only have access to after your business registration. They say social capital is receivership.

There are 3 types of inputs:

• Cash (i.e. money)
• Contributions in kind (buildings, machinery, etc.)
• Industry inputs (know-how, experience, relationships that a person puts at the service of business)

Only cash and in-kind contributions make up the social capital of the business.

The social capital you create when you create your company serves as method of financing.

It will allow you to compensate for the losses of your company and avoid that it ends up in termination of payment.

You free to choose the starting amount of your business' share capital.

The amount is to be defined in your business statuses.

By contrast, the higher the share capital, the more secure the business is. You will also have a better chance of getting a loan from a bank.

You do not have to deposit the full amount indicated in the articles from the start. However, you will minimum file 20% of the amount indicated.

The remainder must be paid within 5 years after your business registration.

You must deposit the share capital.

You can also give a proxy to a specified person and authorise them to deposit the share capital in the name of the business. We talk about authorised person by the company.

The deposit of the share capital must be made at the time you want to build your company.

This is aboutone of the first steps of the constitution of your company.

The share capital may be deposited in one of the following ways:

• Bank check from a bank in France
• Bank transfer
• Species

The deposit must be made on a account blocked to a bank or a notary.

Funds will be available after the business has been registered in the Trade and businesses Register (RCS: titleContent) and the national register of companies (RNE: titleContent). They say social capital is receivership.

The deposit of the share capital must be made in a 8 days after receipt of funds, i.e. your contributions.

You (or the authorised person) must file the following documents:

• Application for filing
• Identity document of the person making the deposit
• Draft complete and dated statutes less than one year
• Proof of domicile of your business' registered office less than 3 months
• Address of the business' legal representative

The Fund Depositary must provide you with a certificate of deposit that includes:

• Name or corporate name of the business to be established
• Address of head office
• Total amount of paid-up capital
• Amount paid by each partner or shareholder with name
• Place and date of filing
• Stamp and signature of the depositary

Funds from your company's share capital will be released as soon as you your business registration.

You will need to provide proof that you have registered your company.

You can then place these funds on a current account opened on behalf of company and use them according to the company's needs.