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For all entrepreneurs, the end-of-year finalising of accounts is usually a giant job. However do you know that it’s obligatory in France to file your accounts and maintain a normal assembly of the corporate – known as a Basic Meeting – to approve the accounts and validate them?
The approval of accounts is an integral a part of proudly owning a French firm which is regulated by French enterprise regulation. And in addition to doing all of your annual accounts and holding the Basic Meeting of approval, the paperwork for each of those needs to be filed along with your native the Registry of the Industrial Court docket.
Basic Meeting Guidelines
It’s essential to maintain the Basic Meeting inside six months of the top of the earlier monetary yr. So in the event you shut your accounts on December 31, the assembly should be held earlier than the top of June of the next yr. This normal assembly is a chance for the companions to maintain one another knowledgeable of the monetary well being of the corporate and in addition to have the ability to focus on the accounts and the varied actions to be taken such because the distribution of dividends or different monetary issues.
Submitting of Accounts
To be able to file your accounts with the Industrial Court docket, you want a duplicate of the minutes of the Basic Meeting and a duplicate of your company accounts. The submitting is, typically, made to the registry within the month following the holding of the final assembly.
Associated article: What to Count on When Your French Firm Is Audited
To be able to make your life simpler and ensure your organization to complies with French guidelines, we are able to maintain the drafting of the final assembly for the approval of the accounts in addition to the submitting with the registry for a decreased value.
We’re capable of take you thru the method from A to Z with our French authorized and accounting consultants for an all-inclusive admin charge of €349 excluding tax. In case you want additional data on easy methods to navigate the French enterprise system, please name our bilingual staff on 0033 (0) 1 53 57 49 10 or e-mail us by way of the contact web page. You can too obtain the free information under which provides you all the small print on firm formation, tax and accounting, easy methods to open a enterprise checking account and register a enterprise handle in France.