Section 2: Merchant accounting

By way of derogation from articles L. 123-12 to L. 123-23, the legal entities mentioned in the second paragraph of article L. 123-16-1 may draw up an abbreviated balance sheet and an abbreviated profit and loss account when they do not employ any employees and when they have registered a total and temporary cessation of activity with the Trade and Companies Register. The derogation no longer applies if the business…