What is the deposit of a company’s share capital?
Under french law, the deposit of a company’s share capital is the process through which one or more individuals (referred to as shareholders) contribute cash to a company that is in the process of being established, and justify the availability of these cash contributions for the benefit of the company.
In France, for commercial companies (SARL, SAS, SASU, EURL, SA, SNC), this operation ensures the future partners and clients of the company that the company’s share capital is real and available.
In practice, the cash-contributing shareholders deposit the amount of their contributions into the company’s account with a professional authorized to verify the capital deposit (such as a public notary, a bank, or the Caisse des Dépôts et Consignations). Upon receiving these funds, the custodian (e.g., a public notary) issues a certificate of the fund deposit (also known as a share capital deposit certificate) and provides it to the future shareholders of the company, enabling them to proceed with the company’s registration.
The custodian certificate is immediately transmitted electronically for online registration, and the original document is sent by mail.
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.
