French Business Law - French Legislation

Article L124-16 of the French Commercial code

November 8, 2023

Sociétés coopératives d’achat en commun de commerçants détaillants et leurs unions constituées sous l’empire de la loi n° 49-1070 du 2 août 1949 are deemed to satisfy the provisions of this chapter without the need for them to amend their articles of association. However, companies benefiting from the provisions of the preceding paragraph must bring their Articles of Association into line with these provisions at the time of any subsequent…

Article L125-1 of the French Commercial code

November 8, 2023

The provisions of this chapter apply to natural or legal persons brought together in the same premises, under the same name, in order to operate, in accordance with common rules, their business or their company in the trades and crafts sector registered in the national register of companies without disposing of ownership, thereby creating a collective shop of independent traders.

Article L125-2 of the French Commercial code

November 8, 2023

The persons referred to in Article L. 125-1 constitute, in the form of an economic interest grouping or a société anonyme à capital variable or a société coopérative de commerçants détaillants, a legal entity which has ownership and enjoyment or only enjoyment of the buildings and ancillary areas of the collective shop, defines and implements the common policy, organises and manages the common services. The economic interest grouping or company,…

Article L125-3 of the French Commercial code

November 8, 2023

The economic interest group or company using the leasing facility is considered to be a user within the meaning of Article 5 b of Ordonnance n° 67-837 of 28 September 1967.

Article L125-4 of the French Commercial code

November 8, 2023

Each member of the economic interest grouping or company is the holder of shares that cannot be dissociated from the use of a pitch determined by the constitutive contract or the Articles of Association, and benefits from common services. The constitutive contract or the Articles of Association may allocate to any holder another pitch on the basis of seasonal activities. The members’ meeting or the general meeting, as the case…

Article L125-5 of the French Commercial code

November 8, 2023

When a business or a company in the trades and crafts sector registered in the national register of companies is transferred or created in the collective shop, it is not contributed to the grouping or company in representation of the shares allocated to its owner. The shares in the group or company do not represent the value of the business or undertaking. Contributions other than in cash are also prohibited.

Article L125-6 of the French Commercial code

November 8, 2023

In the case of a management lease of a business or company in the trades and crafts sector registered in the national register of companies, the lessor is the sole member of the group or company. A pre-existing business or enterprise may only be transferred to the collective shop with the agreement of the managing lessee.

Article L125-7 of the French Commercial code

November 8, 2023

The owner of a business subject to the lien or pledge provided for in Chapters I to III of Title IV of this Book must, prior to joining a collective shop and transferring the business to the said shop, complete the publicity formalities provided for in articles L. 141-21 and L. 141-22. If the creditor holding the lien or pledge has not notified an opposition by means of an entry…

Article L125-8 of the French Commercial code

November 8, 2023

The contract of incorporation or the articles of association, as the case may be, must, on pain of nullity, and subject to the joint and several liability of the signatories, contain an express statement, either that no funds are encumbered by the lien or pledge provided for in Chapters I to III of Title IV of this Book, or, if this is not the case, that no opposition has been…

Article L125-9 of the French Commercial code

November 8, 2023

Collective shops of independent traders already created through a legal person may, by way of adaptation or transformation, be placed under the regime provided for by this chapter. Any member may, by way of summary proceedings, request the appointment of a representative specifically responsible for convening the meeting for the purpose of deciding on such adaptations or transformations. Notwithstanding any provision to the contrary, such decisions are taken by a…

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French Commercial code

Article L124-16 of the French Commercial code

Article L125-1 of the French Commercial code

Article L125-2 of the French Commercial code

Article L125-3 of the French Commercial code

Article L125-4 of the French Commercial code

Article L125-5 of the French Commercial code

Article L125-6 of the French Commercial code

Article L125-7 of the French Commercial code

Article L125-8 of the French Commercial code

Article L125-9 of the French Commercial code

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French Commercial code

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Contact a French Business Lawyer

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We Solve Legal & Tax Issues in France

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