Appointment of head of business
Verified 01 January 2023 - Directorate for Legal and Administrative Information (Prime Minister)
What applies to you ?
SARL
The business can be managed by one or more natural persons, who may either be a partner or a person outside the business.
The head of a SARL is called manager.
He's called majority manager where it has more than 50% of the shares.
Otherwise, it is called minority manager.
If you are a European citizen, you can run a business. You must have valid identity card.
The manager or managers shall be appointed by partners business at any of the following times:
- Before Writing by means of a separate act (letter of appointment signed by the partners)
- When drawing up the statutes
This appointment must be made at a meeting of partners or through a written consultation.
The decision has to be made at the majority of share.
However, if this majority is not reached and the business' statutes so provide, the partners shall be called again and the decision shall be taken by a majority of the number of voters.
Example :
In a business comprising 5 partners, the 100 shares are distributed as follows:
- Partner A owns 49% share
- Partner B owns 1% share
- Partner C owns 10% share
- Partner D has 20% share
- Partner E has 20% share
At the general meeting of the partners deciding on the appointment of the manager(s), partners A and B make the same choice and partners C, D and E all 3 choose another person. The vote report will then be 50% share vs. 50% of the shares. There is no majority of shares.
Thus, at the new assembly convened, the majority that will have to be taken into account is that of the number of voters. If each partner retains its choice, then there is a majority of the number of votes 2 to 3. The manager will be the person chosen by partners C, D and E.
The manager(s) shall be appointed the entire business.
But the statutes may provide for a fixed term.
Powers in their dealings with partners
The associates determine the powers of the manager(s) in the statutes of the business.
If you do not have rules in the articles, the manager(s) will have the following powers:
- In the case of single manager, it may pass all management acts in the interest of the business.
- In the case of multiple managers, they shall have separate powers to pass all management acts in the interest of the business.
However, they may not object to any transaction initiated by one of the managers before it is completed.
The majority manager has more power over the partners.
Indeed, he owns the majority of the shares, which allows him to vote in favour of the decisions he wishes to pass.
Powers in their dealings with third parties
The manager(s) may act under any circumstances in the name of the business within the limits of the law.
They commit business even in the acts they carry out that are not within the remit of the social purpose of the business.
On the other hand, if the business proves that the third party knew that the act exceeded the social object of the business or that the latter could not ignore it, it is not committed by those acts.
The publication of statutes constitute proof of this third party knowledge.
The associates may decide limit powers of the manager(s) in the business statutes.
However, this limitation does not apply to third parties.
If one or more managers objects to the actions of one of them, this has no effect on the third party unless he was aware of this opposition.
Other powers
The manager(s) may decide to move head company in France with partner validation in a written consultation or a majority meeting.
They can change statuses to harmonise with the law.
Example :
A manager cannot decide to sell books when the business' business is to sell clothing.
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Business
General case
The mandate of a manager ends in one of the following ways:
- The manager resign. He must notify his decision to the other managers. If he does not give a reason, the business can claim damages
- The manager's mandate reaches the end of the fixed term by statutes
- The manager is revoked. The revocation may be decided by a majority of the company shares by the partners or by a stronger majority indicated in the articles of association. If no reason is given, this revocation may result in damages. A manager may be removed for mismanagement (for example, if he does not follow the instructions of the partners on the management of bank accounts).
Courts may also remove a manager at the request of more than one partner for a legitimate cause - The manager is sentenced to a prohibition on management
- The manager dead
The end of the mandate a manager and the manager changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
SARL operating a press company
The mandate of a manager ends in one of the following ways:
- The manager resign. He must notify his decision to the other managers. If he does not give a reason, the business can claim damages
- The manager's mandate reaches the end of the fixed term by statutes
- The manager is revoked. The revocation may be decided by a majority of at least 3/4 of the shares by the members or by a stronger majority indicated in the articles of association. If no reason is given, this revocation may result in damages. A manager may be removed for mismanagement (for example, if he does not follow the instructions of the partners on the management of bank accounts).
Courts may also remove a manager at the request of more than one partner for a legitimate cause - The manager is sentenced to a prohibition on management
- The manager dead
The end of the mandate a manager and the manager changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The mandate of a manager ends in one of the following ways:
- The manager resign. He must notify his decision to the other managers. If he does not give a reason, the business can claim damages
- The manager's mandate reaches the end of the fixed term by statutes
- The manager is revoked. The revocation may be decided by a majority of the company shares by the partners or by a stronger majority indicated in the articles of association. If no reason is given, this revocation may result in damages. A manager may be removed for mismanagement (for example, if he does not follow the instructions of the partners on the management of bank accounts).
Courts may also remove a manager at the request of more than one partner for a legitimate cause - The manager is sentenced to a prohibition on management
- The manager dead
The end of the mandate a manager and the manager changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The mandate of a manager ends in one of the following ways:
- The manager resign. He must notify his decision to the other managers. If he does not give a reason, the business can claim damages
- The manager's mandate reaches the end of the fixed term by statutes
- The manager is revoked. The revocation may be decided by a majority of the company shares by the partners or by a stronger majority indicated in the articles of association. If no reason is given, this revocation may result in damages. A manager may be removed for mismanagement (for example, if he does not follow the instructions of the partners on the management of bank accounts).
Courts may also remove a manager at the request of more than one partner for a legitimate cause - The manager is sentenced to a prohibition on management
- The manager dead
The end of the mandate a manager and the manager changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The mandate of a manager ends in one of the following ways:
- The manager resign. He must notify his decision to the other managers. If he does not give a reason, the business can claim damages
- The manager's mandate reaches the end of the fixed term by statutes
- The manager is revoked. The revocation may be decided by a majority of the company shares by the partners or by a stronger majority indicated in the articles of association. If no reason is given, this revocation may result in damages. A manager may be removed for mismanagement (for example, if he does not follow the instructions of the partners on the management of bank accounts).
Courts may also remove a manager at the request of more than one partner for a legitimate cause - The manager is sentenced to a prohibition on management
- The manager dead
The end of the mandate a manager and the manager changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
We need inform third by means of the following formalities:
- Insert in support authorised to receive legal announcements
- At registration on the website of the company formalities office, the information is automatically transmitted to the official gazette of the civil and commercial announcements (Bodacc)
SAS
SAS can be managed by one or more natural persons or by a business.
The person or company leading the business is called president or leader.
There may be a single chair or a president with a director general or a delegated director.
Associates may also choose to appoint a collegial board to lead the business.
Most of the conditions for the appointment of the President, the length of his term, the end of his term and the extent of his powers are free.
They to the members to include them in the articles of business.
They associates business that nominate first chair.
If there is only one partner, it is up to him alone to make that decision.
It can be taken at any of ::
- Prior to the drafting of the by means of a separate act (letter designating the president signed by the partners)
- When drawing up the statutes
The appointment of the President shall be made at a meeting of partners or in a written consultation.
It shall be the result of a decision adopted in the majority of the shares.
Where this majority has not been reached and the articles of association so authorise, the members shall be reconvened and the decision shall be taken by a majority of the number of voters.
The president can be a natural person or a business.
The appointment of the next presidents may be made in the manner desired by the associates, it must be determined in the statutes of the business.
If these conditions are not met at the time of appointment, any interested person may request that this decision is cancelled.
Example :
In a 5-member business, the 100 shares are distributed as follows:
- Partner A owns 49% actions
- Partner B owns 1% actions
- Partner C owns 10% actions
- Partner D has 20% actions
- Partner E has 20% actions
If, at the time of the appointment of the President, Partner A and Partner B make the same election and Associates C, D and E all 3 choose another person, then the voting report will be 50% actions 50% actions. There is no majority of shares.
Thus, when reconvening, the majority that will have to be taken into account is that of the number of voters. If the partners keep all their choices, then there is a majority of the number of voters of 2 to 3. The President will be the person chosen by partners C, D and E.
The partners must determine the length of time for which the chair is appointed.
If no mention of the duration is made in the articles of association, he shall be appointed to unlimited duration.
They may also decide to add a age condition for the performance of the duties of the chairman in the statutes.
The president must be capable or emancipated minor.
It shall not be subject to no management or administration businesses, or subject to personal bankruptcy.
It shall not to have been convicted for one of the following reasons:
- Crime
- Flight
- Scam
- Mistrust
If the partners decided in the articles that the business was entirely headed by the president, so he may act on his behalf with third parties. It administers and manages the business.
The President engages business in its actions with third parties even if these acts do not respect the social object business.
On the other hand, if the business proves that the third party knew that the act exceeded the social object of the business or that he could not ignore it, it is not committed by those acts.
Partners may decide to limit powers of the President in the Statutes of the business.
On the other hand, for anyone outside the business, the powers of the President will not be considered as limited. For example, if the limitation of powers prevents him from signing contracts that he can usually sign, then the third party who contracts with him will not be punished.
Example :
If a business is engaged in the business of selling shoes, it cannot sell computer equipment. The social purpose of the business would not be respected.
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Business
The term of office of the President end in one of the following ways:
- The President may resign voluntarily : he does not have to justify his resignation. On the other hand, this can lead to damages.
- The President may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he performs functions that prevent him from being the president of a simplified share business at the same time)
- Age Exceeded
- The warrant arrives end date specified in articles
- The president can be revoked —Rules revocation are set by the partners in the statutes of your business. There is no need for the revocation to be justified, but it can result in damages. Courts may also remove the President at the request of one or more associates if the case is legitimate.
- Death or dissolution if the president is a business
- Transformation or dissolution business
The end of the mandate the President and the chairperson changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The term of office of the President end in one of the following ways:
- The President may resign voluntarily : he does not have to justify his resignation. On the other hand, this can lead to damages.
- The President may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he performs functions that prevent him from being the president of a simplified share business at the same time)
- Age Exceeded
- He arrives at the end date provided for in the articles.
- The president can be revoked —Rules revocation are set by the partners in the statutes of your business. There is no need for the revocation to be justified, but it can result in damages. Courts may also remove the President at the request of one or more associates if the case is legitimate.
- Death or dissolution if the president is a business
- Transformation or dissolution business
The end of the mandate the President and the chairperson changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The term of office of the President end in one of the following ways:
- The President may resign voluntarily : he does not have to justify his resignation. On the other hand, this can lead to damages.
- The president can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he performs functions that prevent him from being the president of a simplified share business at the same time)
- Age Exceeded
- He arrives at end date specified in articles
- The president can be revoked —Rules revocation are set by the partners in the statutes of your business. There is no need for the revocation to be justified, but it can result in damages. Courts may also remove the President at the request of one or more associates if the case is legitimate
- Death or dissolution if the president is a business
- Transformation or dissolution business
The end of the mandate the President and the chairperson changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The term of office of the President end in one of the following ways:
- The President may resign voluntarily : he does not have to justify his resignation. On the other hand, this can lead to damages.
- The President may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he performs functions that prevent him from being the president of a simplified share business at the same time)
- Age Exceeded
- He arrives at end date specified in articles
- The president can be revoked —Rules revocation are set by the partners in the statutes of your business. There is no need for the revocation to be justified, but it may lead to the removal of the President by the courts at the request of one or more associates if the cause is legitimate
- Death or dissolution if the president is a business
- Transformation or dissolution business
The end of the mandate the President and the chairperson changes shall be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
We need inform third by means of the following formalities:
- Insert in support authorised to receive legal announcements
- At registration on the website of the company formalities office, the information is automatically transmitted to the official gazette of the civil and commercial announcements (Bodacc)
SA with Board of Directors
The business is managed by a Board of Directors (CA).
AC is composed at minimum of 3 members and up to 18 members.
The CA may decide that the business will be managed either by the chairman of the board, or general manager.
If you are a European citizen, you can run a business. You must have valid identity card.
The first directors shall be appointed by shareholders at the time of drafting the business' statutes.
Shareholders may decide in the articles of association that directors elected by the staff of the business or the business and its subsidiaries are to be appointed to the board of directors.
Directors are appointed for fixed in the business statutes. This period shall may not exceed 6 years.
The administrators are eligible unless you have decided otherwise in the articles.
Parity condition
When appointing administrators, you should look for a balanced representation of men and women.
Age condition
Shareholders must provide in the articles of association age limit for the performance of the duties of administrator.
This limit can apply to all or a percentage of administrators.
If the age is not specified in the statutes, it can't more than 1/3 directors over 70 years.
When the limits are exceeded, the oldest director is considered to be the one who leaves office.
This also applies to the trustee.
Qualification Condition
Appointed Directors may be natural persons or businessess.
When the administrator is a business, he or she must present a permanent representative.
If he is revoked, the business must find a replacement.
When the administrator is a natural person, he cannot be an administrator in 5 anonymous businesses simultaneously.
However, if these businesses are controlled by business, there is no limitation.
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Business
The mandate of a director may end in one of the following ways:
- Administrator can resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages.
- Administrator may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Administrator's mandate reaches deadline provided for in the articles or after 6 years.
- Administrator can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages.
- Death administrator or dissolve administrator business
The end of the mandate of an administrator and change of an administrator be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The mandate of a director may end in one of the following ways:
- Administrator can resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages.
- Administrator can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Administrator's mandate reaches deadline provided for in the articles of association or after 6 years
- Administrator can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages.
- Death administrator or dissolve administrator business
The end of the mandate of an administrator and change of an administrator be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The mandate of a director may end in one of the following ways:
- Administrator can resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages.
- Administrator can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Administrator's mandate reaches deadline provided for in the articles of association or after 6 years
- Administrator can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages.
- Death administrator or dissolve administrator business
The end of the mandate of an administrator and change of an administrator be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The mandate of a director may end in one of the following ways:
- Administrator can resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages.
- Administrator can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Administrator reaches deadline laid down in the articles or after 6 years
- Administrator can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages.
- Death administrator or dissolve administrator business
The end of the mandate of an administrator and change of an administrator be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
The Board of Directors of the business shall elect from among its members president. The latter cannot be a business.
For how long is the president appointed?
He was elected for a term equal to the term of office of the director and may elected.
What are the conditions for the appointment of the President?
The statutes of the business shall provide for age limit for the performance of the duties of the Chairperson of the Board of Directors.
If no limit is set, it shall be 65 years.
What are the functions of the Board President?
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The President of the Board is the Director General of the business
Its mission is toorganise and direct the work of the Management Board andreport before the general assembly.
It should ensure proper functioning business bodies and ensure that directors are able to fulfil their duties.
He can act under any circumstances in the name of the business.
However, it must exercise its powers with respect the social object business and without impinging on the powers of shareholders and the board of directors.
It engages business even in acts that are not part of the social object of business.
On the other hand, if the business proves that third knew that the act exceeded the social purpose of the business or that the latter could not ignore it, it is not committed by these acts.
The publication of statutes constitute proof of this third party knowledge.
Members may decide to limit the powers of the President in the articles of association of the business.
On the other hand, for anyone outside the business, the powers of the President will not be considered as limited. For example, if the limitation of powers prevents him from signing contracts that he can usually sign, then the third party who contracts with him will not be punished.
Example :
A business that sells shoes cannot sell computer equipment. The social purpose of the business would not be respected.
The Board Chair is not the business Director General
Its mission is toorganise and direct the work of the Management Board andreport before the general assembly.
It should ensure proper functioning business bodies and ensure that directors are able to fulfil their duties.
How does the term of office of the Board President end?
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Business
The terms of reference of the AC Chair may end in one of the following ways:
- The President may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages if the business is damaged by his departure
- The president can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Loss of administrator status
- The president arrives at end of term
- The president can be revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. The removal of the President does not result in the loss of the Director's mandate
- The President dead
The end of the mandate the President and change of chairperson be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The terms of reference of the AC Chair may end in one of the following ways:
- The President may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages if the business is damaged by his departure.
- The president can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Loss of administrator status
- The president arrives end of term
- The president can be revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. The removal of the President does not result in the loss of the Director's mandate
- The President dead
The end of the mandate the President and change of chairperson be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The terms of reference of the AC Chair may end in one of the following ways:
- The President may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages if the business is damaged by his departure
- The President may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Loss of administrator status
- The president arrives end of term
- The president can be revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. The removal of the President does not result in the loss of the Director's mandate
- The President dead
The end of the mandate the President and change of chairperson be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The terms of reference of the AC Chair may end in one of the following ways:
- The President may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages if the business is damaged by his departure
- The President may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is an administrator in 5 other anonymous businesses)
- Age Exceeded
- Loss of administrator status
- The president arrives end of term
- The president can be revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. The removal of the President does not result in the loss of the Director's mandate
- The President dead
The end of the mandate the President and change of chairperson be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
The Board of Directors of the business may decide to elect general manager that is not the chairman of the board.
What are the conditions for the election of the Director General?
The statutes of the business shall provide for age limit for the performance of the duties of the Director General.
If no limit is set, it shall be 65 years.
What are the duties of the Director General?
He can act under any circumstances in the name of business.
However, it must exercise its powers with respect the social object business and without impinging on the powers of shareholders and the board of directors.
It engages business even in acts that are not part of the social object of business.
On the other hand, if the business proves that third knew that the act exceeded the social purpose of the business or that the latter could not ignore it, it is not committed by these acts.
The publication of statutes constitute proof of this third party knowledge.
Shareholders may decide to limit the powers of the Director General in the articles of association of the business.
On the other hand, for any person outside the business, the Director General's powers will not be considered to be limited.
For example, if the limitation of powers prevents him from signing contracts that he can usually sign, then the third party who contracts with him will not be punished.
Example :
A business that sells shoes cannot sell computer equipment. The social purpose of the business would not be respected.
How does the Director General's term end?
Répondez aux questions successives et les réponses s’afficheront automatiquement
Business
The Director General's mandate may end in one of the following ways:
- The Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (For example, he performs functions that do not allow him to be managing director of an anonymous business at the same time)
- Age Exceeded
- He arrives at end of term specified in articles of association
- The Director General may revoked —this revocation may be made by the Board of Directors at any time. There is no need for the revocation to be justified. On the other hand, it can result in damages
- Director General dead
The end of the mandate the Director General and change Director General be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The Director General's mandate may end in one of the following ways:
- The Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (For example, he performs functions that do not allow him to be managing director of an anonymous business at the same time)
- Age Exceeded
- He arrives at end of term specified in articles of association
- The Director General may revoked —this revocation may be made by the Board of Directors at any time. There is no need for the revocation to be justified. However, it can lead to damages.
- Death Director General
The end of the mandate the Director General and change Director General be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The Director General's mandate may end in one of the following ways:
- The Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (For example, he performs functions that do not allow him to be managing director of an anonymous business at the same time)
- Age Exceeded
- He arrives at end of term specified in articles of association
- The Director General may revoked —this revocation may be made by the Board of Directors at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Director General dead
The end of the mandate the Director General and change Director General be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The Director General's mandate may end in one of the following ways:
- The Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (For example, he performs functions that do not allow him to be managing director of an anonymous business at the same time)
- Age Exceeded
- He arrives at end of term specified in articles of association
- The Director General may revoked —this revocation may be made by the Board of Directors at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Director General dead
The end of the mandate the Director General and change Director General be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
On a proposal from the Director General, the Management Board may decide to appoint one or more persons which will be responsible forassist director. They are called delegated directors.
The selection process must ensure the presence of a male and a female candidate. And appointments have to be made by looking for a balance between men and women.
The maximum number of delegated Directors-General shall be fixed in the Statutes. He can not be greater than 5.
What are the conditions to be met when appointing delegated Directors General?
The statutes of the business shall provide for age limit for the performance of the duties of the Deputy Director General.
If no limit is set, it shall be 65 years.
What are the duties of a delegated Director General?
It engages business even in the acts that he goes through with third and which do not fall under the social object business.
On the other hand, if the business proves that the third party knew that the act exceeded the social object of the business or that the latter could not ignore it, it is not committed by those acts.
The publication of statutes constitute proof of this third party knowledge.
The Board of Directors, with the agreement of the Director General, shall determine the scope and duration of the delegated Directors General.
With respect to third parties, they have the same powers as the Director General.
Example :
If a business is engaged in the business of selling shoes, it cannot sell computer equipment. The social purpose of the business would not be respected.
How does the term of office of a delegated Director General end?
Répondez aux questions successives et les réponses s’afficheront automatiquement
Business
The mandate of a delegated Director General may end in one of the following ways:
- The delegated Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The delegated Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he or she performs functions that do not allow him or her to be the managing director of a business at the same time)
- Age Exceeded
- The Managing Director shall the end of the fixed period
- The Director General may revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation of a Director General may take place at any time at the request of the Director General
- Death Director General
- Transform or dissolve business
- Death, resignation or revocation Director General
The end of the mandate a delegated Director General and the change of the managing director be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The mandate of a delegated Director General may end in one of the following ways:
- The delegated Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages.
- The delegated Director General may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he or she performs functions that do not allow him or her to be the managing director of a business at the same time)
- Age Exceeded
- The mandate of the Managing Director is due
- The Director General may revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation of a Director General may take place at any time at the request of the Director General
- Death Director General
- Transformation or dissolution business
- Death, resignation or revocation Director General
The end of the mandate a delegated Director General and the change of the managing director be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The mandate of a delegated Director General may end in one of the following ways:
- The delegated Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The delegated Director General may forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he or she performs functions that do not allow him or her to be the managing director of a business at the same time)
- Age Exceeded
- The mandate of the Managing Director shall deadline
- The Director General may revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation of a Director General may take place at any time at the request of the Director General
- Death Director General
- Transformation or dissolution business
- Death, resignation or revocation Director General
The end of the mandate a delegated Director General and the change of the managing director be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The mandate of a delegated Director General may end in one of the following ways:
- The delegated Director General may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The delegated Director General may forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he or she performs functions that do not allow him or her to be the managing director of a business at the same time)
- Age Exceeded
- The terms of reference of the Managing Director shall deadline
- The Director General may revoked : this revocation may be made by the board of directors at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation of a Director General may take place at any time at the request of the Director General
- Death Director General
- Transformation or dissolution business
- Death, resignation or revocation Director General
The end of the mandate a delegated Director General and the change of the managing director be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
We need inform third by means of the following formalities:
- Insert in support authorised to receive legal announcements
- At registration on the website of the company formalities office, the information is automatically transmitted to the official gazette of the civil and commercial announcements (Bodacc)
Executive Board SA and Supervisory Board
The Executive Board the role of lead business.
The Supervisory Board the role of monitoring of management bodies (the Executive Board), it has no role in the management of the business.
If you are a European citizen, you can run a business. You must have a valid identity card.
The Executive Board manages the business:
- When it is composed ofone member, we are talking about the single director general, he is the representative of the business.
- Where it is composed of multiple, one of them shall be chosen to act as President of the business and to represent it.
How are the members of the Executive Board appointed?
The members of the Executive Board shall appointed by the Supervisory Board.
The Chairperson shall be chosen from among its members by the Supervisory Board.
The members of the Executive Board may be chosen from among shareholders, employees or outside the Board.
This can only be natural persons.
If only one person makes up the Executive Board, he or she automatically takes the title of single Director General.
For how long are the members of the Executive Board appointed?
The members of the Executive Board shall be appointed period provided for in the articles of association of the business.
This duration must be included between 2 and 6 years.
If the term of office is not provided for in the articles of association, then that term shall be set for 4 years.
What are the conditions for the appointment of the Executive Board members?
Plan a age limit the performance of the duties of a member of the Executive Board.
If no limit has been set, the limit shall be 65 years.
What are the powers of the Executive Board?
He can act under any circumstances in the name of the business respecting the social object business and without infringing on the powers of the Supervisory Board and the shareholders.
Its mission is to determine the direction of the activity company and implementation.
It engages business even in acts that are not part of the social object of business.
On the other hand, if the business proves that third knew that the act exceeded the social purpose of the business or that the latter could not ignore it, it is not committed by these acts.
The publication of statutes constitute proof of this third party knowledge.
Shareholders may decide to limit the powers of the Executive Board in the articles of association of the business.
On the other hand, for anyone outside the businesses, the powers of the Executive Board will not be considered to be limited.
For example, if the limitation of powers prevents him from signing contracts that he can usually sign, then the third party who contracts with him will not be punished.
Example :
If the business is engaged in the business of selling shoes, it cannot sell computer equipment. The social purpose of the business would not be respected.
When does the term of office of a member of the Executive Board end?
Répondez aux questions successives et les réponses s’afficheront automatiquement
Business
The mandate of a member of the Executive Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is already a member of the Anonymous business Supervisory Board)
- Age Exceeded
- The warrant arrives end date in articles
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation may also be made by the Supervisory Board if this has been provided for in the business' statutes
- Member dead
The end of the mandate of a member of the Executive Board and change of a member be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The mandate of a member of the Executive Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- Member may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is already a member of the Anonymous business Supervisory Board)
- Age Exceeded
- He arrives at end date in articles
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation may also be made by the Supervisory Board if this has been provided for in the business' statutes
- Member dead
The end of the mandate of a member of the Executive Board and changet of a member be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The mandate of a member of the Executive Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- Member may be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is already a member of the Anonymous business Supervisory Board)
- Age Exceeded
- He arrives at end date in articles
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation may also be made by the Supervisory Board if this has been provided for in the business' statutes
- Member dead
The end of the mandate of a member of the Executive Board and change of a member be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The mandate of a member of the Executive Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is already a member of the Anonymous business Supervisory Board)
- Age Exceeded
- He arrives at end date in articles
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages. The revocation may also be made by the Supervisory Board if this has been provided for in the business' statutes
- Member dead
The end of the mandate of a member of the Executive Board and change of a member must be published in order for these situations to apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
FYI
the chairman of the executive board may be removed only by the supervisory board.
The Supervisory Board shall be composed of 3 members at least and 18 members maximum. Shareholders may set a maximum limit of 18 or less in the articles of association of the business.
The members of the Supervisory Board may not also be members of the Executive Board.
A Chairperson and a Vice-Chairperson shall be elected from among the members of the Supervisory Board.
How are the members of the Supervisory Board appointed?
The first members of the Supervisory Board appointed by the constituent general assembly.
The following members shall be appointed to the ordinary general meeting.
Shareholders may decide in the articles of association of the business that there are members on your supervisory board, members elected by the staff of the business or by the staff of the business and its subsidiaries.
Number must be less than or equal to 4 and not to exceed one third the number of other members.
How long are the members of the Supervisory Board appointed?
Shareholders shall have the option of choosing in the articles of association of the business the term for which the members of the supervisory board are appointed.
This duration must be less than or equal to 6 years.
They eligible unless otherwise provided in the articles.
What are the conditions to be met when appointing the members of the Supervisory Board?
Parity condition
When appointing the members of the Supervisory Board, a balanced representation men and women.
Age condition
Shareholders must provide in the articles of association for an age limit for the performance of the duties of a member of the supervisory board.
This limit may apply to all or a percentage of members.
If the shareholders have not set a limit age in the articles of association, there cannot be more than 1/3 of members over 70 years of age.
When the limits are exceeded, the oldest member is considered to be the one who leaves office. This also applies to the trustee.
Qualification Condition
Named members can be natural persons or businesses.
Where the member is a business, he or she must present a permanent representative. If he is revoked, the business must find a replacement.
Where the member is a natural person, he or she cannot be a member of the Supervisory Board in 5 anonymous businesses simultaneously. However, if these businesses are controlled by business, there is no limitation.
How are the Chairman and Vice-Chairman of the Supervisory Board elected?
The business Supervisory Board shall select from among its members president and vice-president which cannot be businesses.
What is the term of office of the Chairman and Vice-Chairman of the Supervisory Board?
The Chairperson and Vice-Chairperson shall remain in office until the end of their term of office as a member of the Supervisory Board.
When does the term of office of a member of the Supervisory Board end?
Répondez aux questions successives et les réponses s’afficheront automatiquement
Business
The mandate of a member of the Supervisory Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is a member of the supervisory board of 5 other anonymous businesses)
- Age Exceeded
- The warrant reaches the end date provided for in the Articles of Association
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Member dead
The end of the mandate a member of the Supervisory Board and any change within the Supervisory Board be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with a maximum of 10 employees
The mandate of a member of the Supervisory Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is a member of the supervisory board of 5 other anonymous businesses)
- Age Exceeded
- The warrant reaches the end date provided for in the Articles of Association
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Member dead
The end of the mandate a member of the Supervisory Board and any change within the Supervisory Board be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Handicraft activity for a business with more than 10 employees
The mandate of a member of the Supervisory Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is a member of the supervisory board of 5 other anonymous businesses)
- Age Exceeded
- The warrant reaches the end date provided for in the Articles of Association
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Member dead
The end of the mandate a member of the Supervisory Board and any change within the Supervisory Board be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Liberal activity
The mandate of a member of the Supervisory Board may end in one of the following ways:
- Member may resign voluntarily. He doesn't have to justify his resignation. On the other hand, this can result in damages
- The member can be forced to resign for one of the following reasons:
- Incapacity
- No management following a conviction
- Incompatibility (for example, he is a member of the supervisory board of 5 other anonymous businesses)
- Age Exceeded
- He arrives at end date specified in articles
- The member can be revoked : this revocation may be made by the general assembly at any time. There is no need for the revocation to be justified. However, it can lead to damages
- Member dead
The end of the mandate a member of the Supervisory Board and any change within the Supervisory Board be published so that these situations apply to third parties.
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
This publication can be done in one of the following ways:
- Notice of insertion in support authorised to receive legal announcements
- Notice to the official bulletin of the civil and commercial announcements (Bodacc) following your declaration of change on the company formalities window:
Warning
From 1to January 2023, it is no longer possible to make your paperwork in a company Formalities Centre (CFE). You have to make them on the website of company formalities window.
We need inform third by means of the following formalities:
- Insert in support authorised to receive legal announcements
- At registration on the website of the company formalities office, the information is automatically transmitted to the official gazette of the civil and commercial announcements (Bodacc)
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