Article L225-218 of the French Commercial code
The Ordinary General Meeting may appoint one or more statutory auditors under the conditions set out in Articles L. 225-228 and L. 22-10-66. Companies which, at the end of a financial year, exceed the thresholds set by decree for two of the following three criteria are required to appoint at least one statutory auditor: their balance sheet total, the amount of their turnover excluding tax or the average number of…