Are you planning to start your own business? On your own? TheEURL (Entreprise Unipersonnelle à Responsabilité Limitée) legal form is just like the SASU or Société par Actions Simplifiée Unipersonnelle, a possibility for your project! What are the steps involved in setting up such a structure?
We'd like to give you an insight into the various stages involved in setting up an EURL.
To set up an EURL, a number of steps need to be taken in a precise order. It's worth bearing in mind that these steps, not always the most straightforward, can be carried out with the help of a formalist .
First and foremost, you need to draw up a draft statute for your EURL, and find a bank willing to block the "paid-up" part of the cash contribution.
Once the bank's approval has been obtained, there are several steps to follow:
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Final drafting of the EURL articles of association.
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Filling in the M0 form for setting up a company.
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Publication of a notice of completion of the EURL in one of the legal gazettes.
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Creation of a dossier of supporting documents
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Submission of the same file to the CFE (Centre de Formalité des Entreprises) of reference.
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Registering several original copies of the EURL's articles of association with the tax authorities, one copy of which will be kept by the tax authorities.
It is necessary to highlight the documents that need to be assembled for the dossier to be submitted to the CFE.
It's vital to draw up a business start-up file. If it is not completed accurately, the partner risks being refused registration of the company. It is therefore essential to be meticulous when drawing up the documents.
To this end, various documents must be included in the file:
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An original copy of the articles of association, dated and signed by the sole shareholder.
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3 copies of the completed M0 form.
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Proof of blocking of funds by a bank in an account exclusively in the name of the EURL.
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Proof of publication of the EURL establishment notice in a legal gazette.
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A copy of the manager's identity papers and a certificate of parentage for the same manager.
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The manager's sworn statement of "non-conviction".
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A document proving the location of the company'shead office, whether it's a commercial lease, a domiciliation agreement or some other document.
- If the activity is regulated, an authorization is required.
- If necessary, a copy of the report drawn up by the contributions auditor, as well as a copy of the assistance contract for the company's start-up project.
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A cheque payable to the clerk's office.
Once all these documents have been collected and submitted to the CFE, launching your business has never been so close.
In addition, assistance is always welcome
It may therefore be worthwhile finding out more, particularly about Pôle Emploi assistance.
The EURL legal form is particularly useful when the sole shareholder is in receipt of unemployment benefits.
In fact, if he opts to pay corporate income tax , he can easily request that his income tax status be maintained: such a decision will enable him to prove to Pôle Emploi that no money has been received, by disclosing the articles of association stipulating that the manager performs his duties free of charge.
As a result, the employee can continue to receive unemployment benefit until he or she is paid.
If the latter starts to receive a salary, this aid will be partial or non-existent, depending on the salary received.
The ultimate advantage of this type of status is the possibility of benefiting from other aid schemes for setting up a company, such asACRE (Aide aux Créateurs et Repreneurs d'Entreprise), the payment of unemployment benefits as a capital sum for the company, the continuation of ARE (Allocation de Retour à l'Emploi) or NACRE (Nouvel Accompagnement pour la Création ou la Reprise d'Entreprise).
In conclusion, the EURL legal form is a particularly attractive status. It simplifies the eventual transition to a SARL (limited liability company), making it possible to welcome new partners. Think about it!
Written by our expert Quentin MOYON
March 26, 2018
