Article R225-166-1 of the French Commercial code
The threshold mentioned in the fourth paragraph of Article L. 225-248 is equal: a) Where the applicable legal and regulatory provisions do not impose a minimum share capital on the company due to its corporate form, to 1% of the total balance sheet of this company, recorded at the last financial year-end; b) Otherwise, to the higher of 1% of the total balance sheet of the company, recorded at the…