THE 10 STEPS OF CREATING A SAS / SASU
The creation of an SAS (Simplified Joint Stock Company) or a SASU (Single Company Simplified) is relatively complex because of the many different sources of information available on the web. For your convenience, here are clearly the 10 steps to create your SAS or SASU and create a so start your new business.
That is, the steps are the same for a SAS and SASU. The difference will be when writing the articles of association, mentioning only one partner, which automatically transforms the company into SASU.
1. Drafting of the statutes of the SAS or SASU
Start by writing your company's articles of association. You can be accompanied by a specialized lawyer or else, you inspire free templates available on the internet.
If you are a single associate, you can rely on a model without much risk of error, otherwise, if you have several partners, it is better to be accompanied. Indeed, in case of dispute with one of your associates, it is best to make sure everything has been thought from the beginning, notably in the framework of the partnership agreement , complementary to the statutes.
To find models, look for Google "model SAS statuses" for example. Once the statutes are written, you can print 5 copies and then date, initial and sign.
You then have one month to complete the entire process of creating your company.
2. List of subscribers
The CFE (Business Formalities Centre) will ask for a list of subscribers with an indication of the number of units and the amounts paid to each partner.
A sample document template can also be found via a Google search "subscriber list template".
3. Deposit of capital to the bank
Choose a bank to take out a professional bank account. You can negotiate your fees and play the competition.
Once the bank has been defined, present your project and if accepted (there may be refusals), the bank will ask you for a draft of the statutes. She will then sign you the necessary documents and you will deposit a check per partner, representing the share of the capital.
Once the check (s) have been cashed, your bank will send you a certificate of deposit of the funds that will be useful during your process at the CFE.
To know that the money will be blocked as your K-BIS will not release to the bank.
4. Publication of a legal announcement
You must publish a legal advertisement in an approved newspaper. It is an obligation without any interest.
To find a journal that can do this, search for "legal ad" on Google.
You are charged per line written, so minimize them to the strictly necessary!
A certificate will then be sent to you. It will be useful during your process at the CFE.
Attention publication date must be equal or superior to that on the certificate of deposit of the bank's funds, subject to rejection by the CFE.
5. Direct debit
You must have a receipt for the future head office of your company, whether at home, in offices or for a commercial lease.
6. Registration of Articles of Incorporation
Depending on the registry of your municipality, registration at the tax office can be compulsory before sending the file to the CCI. Call your ICC to find out.
If required, you must have your statutes registered with taxes before filing with the CCI.
In all cases, your statutes must be registered by the tax center. Fees may be charged for this registration, depending on the tax center.
7. Filing of the creation file with the CFE
Visit the CFE website to fill out a form M0, creation of SAS. To do this, you must create an account and click on the process of creating a new company.
Once you have filled out the form, you must print it and submit it to your CCI.
The form should include:
- 1 original of the articles of association of the company, initialed and signed
- 1 act of appointment of officers, if not specified in the statutes
- 1 certificate of deposit of funds
- 1 original report of the Commissioner of inputs if contribution in kind
- 1 list of subscribers in the event of a contribution in cash
- 1 certificate of publication of the legal announcement
- 1 declaration of non-conviction for the President
- 1 double-sided copy of each partner's identity card
- 1 proof of domiciliation of the registered office
A check corresponding to the registration fee must be submitted at the same time. The amount varies according to the registry (to be contacted or to see on the website of the registry attached to your commune).
8. Receiving your K-BIS
If your file is complete, the Registry will communicate your KBIS in about 15 days.
In case of error, the Registry will indicate what needs to be corrected.
9. Go to the bank
Once your KBIS is received, you can tell your bank to have your bank account unblocked.
10. Let's go!
Your bank account is unblocked, your business is officially created.The hardest remains to be done: become profitable! At work !
