Limited liability companies are not dissolved where a judicial liquidation judgment, personal bankruptcy, a management ban provided for by Article L. 625-8 or a measure of incapacity is pronounced against one of the partners. Nor is it dissolved by the death of a partner, unless the Articles of Association stipulate otherwise.
If, as a result of losses recorded in the accounting documents, the company’s shareholders’ equity falls below half of the share capital, the shareholders shall decide, within four months of the approval of the accounts that showed the loss, whether the company should be dissolved early. If dissolution is not decided by the majority required to amend the Articles of Association, the company is required, no later than the close…
The conversion of a limited liability company into a general partnership, a limited partnership or a limited partnership with shares requires the unanimous agreement of the partners. The conversion into a public limited company is decided by the majority required to amend the Articles of Association. However, it may be decided by members representing a majority of the company’s shares if the shareholders’ equity shown in the last balance sheet…
A société par actions is designated by a company name, which must be preceded or followed by a reference to the form of the company and the amount of the share capital. The name of one or more partners may be included in the company name. However, in a société en commandite par actions, the names of the limited partners may not be included.
The share capital must be at least €37,000. The reduction of the share capital to a lower amount may only be decided subject to the condition precedent of a capital increase intended to bring it to an amount at least equal to the amount provided for in the previous paragraph, unless the company is transformed into a company of another form. If the provisions of this paragraph are not complied…
When a company of any form that does not have a statutory auditor is converted into a joint stock company, one or more conversion auditors, responsible for assessing under their responsibility the value of the assets making up the company’s assets and special benefits, shall be appointed, unless unanimously agreed by the partners by court decision at the request of the company directors or one of them. The transformation auditors…
A société anonyme (public limited company) is a company whose capital is divided into shares and which is formed between partners who bear losses only up to the amount of their contributions. It is formed between two or more partners.
The draft articles of association are drawn up and signed by one or more founders, who file a copy with the clerk of the commercial court of the place of the registered office. The founders publish a notice under the conditions determined by decree in the Conseil d’Etat. No subscription may be received if the formalities provided for in the first and second paragraphs above have not been observed. Persons…
The capital must be fully subscribed. Cash shares are paid up, at the time of subscription, by at least half of their nominal value. The remainder is paid up in one or more instalments by decision of the Board of Directors or the Management Board, as the case may be, within a period that may not exceed five years from the date of registration of the company in the Trade…
Subscription of shares for cash is recorded by a bulletin drawn up in accordance with the conditions determined by decree of the Conseil d’Etat.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
