Article D221-5 of the French Commercial code
For the application of the second paragraph of article L. 221-9 relating to the appointment of a statutory auditor, the balance sheet total is set at 4,000,000 euros, the amount of turnover excluding tax is set at 8,000,000 euros and the average number of employees is set at fifty. The balance sheet total and the amount of turnover excluding tax are determined in accordance with the fifth and sixth paragraphs…