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How to start your business in France as a foreigner?

Starting a business in France as a foreigner may seem complex at first. However, with a good understanding of the legal requirements and administrative procedures, this becomes quite feasible. Here is the essential information to make your entrepreneurial project in France a reality.

➡️ The conditions to be met

To start a business in France in the industrial, commercial or craft sectors, some conditions must be met:

  • Residence in France: You must reside in France.
  • Status of a foreigner outside the European Union: Specific formalities apply if you are not a citizen of the European Union.

To start a business in France, it is essential to have a residence permit adapted to your project:

✅ Temporary Resident’s Card “Entrepreneur/Liberal Profession”:

Valid for up to one year, it requires you to prove the credibility and viability of your project. You must also have a minimum of € 21,203 in financial resources and your project must be compatible with the values of the French Republic.

✅ Multi year Residence Card “Passport Talent: Business Creator”:

It lasts for a maximum of four years and requires an attestation of the credibility of your professional project, a minimum investment of €30,000 and financial resources of €21,203.

➡️ Steps to create your business in France

Once you have your residence permit, follow these steps to start your business:

  • Choose the legal structure: Opt for the most suitable legal form, whether it is a self-entrepreneur, SARL (Société à Responsabilité Limitée) or SAS (Société par Actions Simplifiée).
  • Carry out administrative formalities: Write the statutes of your company, deposit the share capital into a dedicated bank account, and register with the Business Formalities Center (CFE).
  • Comply with social and tax obligations: Ensure you comply with the legal obligations regarding social contributions and tax returns under the chosen regime.

Need help with your project?

If you have difficulties with the French administration, ICI ADMIN is your ideal partner to accompany you in your installation and help you achieve your professional goals in France. If you have any questions, don’t hesitate to contact us https://www.iciadmin.fr/en/contact-us/

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