Want to kickstart an entrepreneurial activity? It's important to know that there are several administrative steps to take before you can focus on growing your business.
Among these, several steps are chargeable and can constitute a significant cost.
It's really important to find out about the different fees you'll need to pay to set up a business, depending on the type of business you want to create.
Today's focus is on the costs associated with the various formalities involved in setting up a business.
Dans un premier temps, le premier coût à considérer est lié à l'inscription de son entreprise auprès du Greffe du Tribunal de Commerce dont dépend son entreprise, dans le cadre de la démarche d'immatriculation de son activité au RCS ou Registre du Commerce et des Sociétés.
This paid process will see its cost change depending on the type of company.
Therefore:
- For sole proprietorships such as EIRL or SASU, the amount to pay will be €28.68.
- For the majority of other legal forms: SAS, SARL, SA, EURL, SNC and only if their activity is commercial, the amount will be €41.50.
- Regarding registration without BODACC, which is mandatory for a certain number of companies such as SEL, GAEC or even CUMA, it will be necessary to pay a sum of €74.10.
Next, when setting up a business, it will be necessary to publish an announcement in a JAL or Journal d'Annonces Légales (Official Gazette) to make the creation of a new business public.
This step is both mandatory and paid.
The price of this type of ad isn't fixed and tends to vary based on a number of factors, including:
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The length of the announcement in question. The length will tend to vary, because depending on the legal form and activity concerned, the information that must appear and the company's corporate purpose will not necessarily be the same.
- The medium chosen to publish it
That's why the amount to pay for publication in a JAL can vary between 70 and 200 euros on average.
Finally, drafting the articles of association, if done by professionals, can represent a significant cost.
It's true that most of the time, you're more tempted to write your own articles of association using templates found online, so you don't spend too much money.
However, the risk is quite high, especially because these standard models don't always match the specific needs of every company.
That's why it can be a good idea to get a professional to handle drafting your company's articles of association. Whether it's a chartered accountant, notary, lawyer, or attorney, the expertise offered will always be superior and the result less risky.
But such a service inevitably comes at a cost, which depends on the specific characteristics of the company in question:
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The legal form of the company: the legal form of the company will have a real effect on the complexity of drafting the articles of association. For example, the articles of association for a SARL, the content of which is defined by law, will be simpler to draw up than those for a SAS or a SA, for which the law specifies nothing.
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The number of partners: it's true that drafting the articles of association for a sole proprietorship is generally simpler than for a company with several partners.
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How you want it to work: in addition to the rules set by law, the partners can add extra clauses to specify how the structure will operate. Adding clauses means more work and extra costs.
As a result, several potential scenarios emerge:
- For simpler projects, often related to EURL or SASU companies, drafting the articles of association will cost between 800 and 1000 euros.
- For companies with multiple partners, the bill will likely be between 1500 and 2000 euros.
Note that drafting articles of association through an online professional will see its cost greatly reduced, and could be around 500 euros
Finally, and in the specific case of contributing real estate to the share capital of a company, it is imperative that the articles of association are then drawn up by a notary. If this contribution is already specified in a contribution deed annexed to the articles of association, it is only possible to have the latter drawn up by a notary and the rest by another professional.
In conclusion, it's important to mention that, even if the entrepreneurial adventure is appealing, creating a company has a cost that must be taken into account from the outset of the project definition in order to avoid unpleasant surprises.
Written by our expert Quentin Moyon
July 9, 2018
