Like all businesses, start-ups need to be domiciled. With their flexible, fast-changing mode of operation, it's important for them to attract the confidence of investors; the choice of domicile can therefore play a crucial role.
Everything you need to know about start-up domiciliation
DEFINITION
Definition: A start-up is a young, innovative company with high development potential, and in most cases a strong need for investment to finance rapid growth. Start-ups are renowned for their need for flexibility and adaptability in their organization, both in the development of their business model and in their team management.
As a start-up needs to reinforce its credibility with investors, the choice of address can have a decisive influence on the company's legitimacy and reputation.
Here are some possible locations for your start-up
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Personal residence
A start-up can choose the personal home of one of its directors as its registered office. This type of domiciliation is very common, as it may seem more practical in terms of speed. If the executive is a tenant, the rental contract can stipulate which activities are authorized, and specify that the premises are to be used exclusively for residential purposes, and not for any commercial activity; the executive may domicile his company, but may not carry on his business there.
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Own premises
Renting "hard" premises involves a major investment, as well as fixed costs that are difficult to assume for a fledgling structure. While this may seem like the natural solution for a company's domicile, the cost of real estate must be taken into account, so as not to invest the majority of your cash in walls.
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Incubator
An incubator is a space that facilitates the creation and growth of young companies. It's a place where entrepreneurs can share equipment, services and professional advice. Start-ups can sometimes domicile their business here; however, places are very limited and integration often depends on a committee in charge of assessing whether or not the company is eligible for a place in the incubator.
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Co-working space
The start-up can choose to domicile its business in a co-working space, to have its address in its workplace. These spaces can be used to exchange ideas with other entrepreneurs and maintain social links. The cost can be high if you want to work there several days a week. However, not all co-working spaces offer a domiciliation service.
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Commercial domiciliation
Commercial domiciliation involves companies providing addresses for the company's head office and administrative offices. The company then receives its mail from the domiciliation agent, who can also take care of its processing, with the possibility of digitizing and scanning mail, holding telephone hotlines and providing other services to support the company in its administrative and legal procedures.
Online domiciliation saves start-ups time in administrative procedures, as the domiciliation contract can be obtained in a matter of minutes from any device, thanks in particular to electronic signature. Some domiciliation companies, such as SeDomicilier, offer a wide selection of addresses in ideally located business centers (16th, 17th, 8th, 9th arrondissements, Champs-Élysées etc.). SeDomicilier's offer is transparent, with no application fees, deposits or security deposits, and the option of domiciliation with no commitment.
SeDomicilier partners with Station F, the world's largest startup campus, on domiciliation!
Business domiciliation for a start-up is carried out via a domiciliation company or domiciliataire, which issues a domiciliation contract. The start-up can then choose its registered office address directly on the website, as well as the various services it wishes to set up: mail management, telephone answering service, virtual office, etc.
SeDomicilier allows you to obtain your direct debit in less than 5 minutes and 100% online, with no commitment and no processing fees.
Written by our expert Simon Segura
July 10, 2017
