What is the deadline for making the share capital deposit?
Under french law, the deadline for making the share capital deposit for a company being established is flexible. The company’s legal representative and any potential future shareholders can make the share capital deposit at a time of their choosing. However, this must take place after the drafting of the articles of association and before the company’s registration.
Upon receiving the request and supporting documents, as well as the cash contributions deposited into the custodian’s account (e.g., a public notary), the custodian issues the certificate of deposit. This certificate is also known as the share capital deposit certificate.
The custodian then sends it to the future shareholders electronically (to allow for online registration) and the original by mail. Typically, the certificate is sent a few hours after receiving the deposit request and the contributions made to the company in formation.
The public notary office Chassaint & Cerclé Notaires assists business creators with the necessary steps for depositing their company’s share capital. For more information, click here.
