Starting my business Marriage can have a considerable impact on an entrepreneurial project, particularly when creating a company. Indeed, the spouse of a partner who contributes common property to the capital of a company composed of shares can, under certain conditions, claim the status of partner. He or she then becomes a partner of the company, for 50% of his or her spouse’s shares. Here is some important information to remember on this subject, as well as the terms and conditions for the possible renunciation of the status of partner. Claiming the status of partner: the main principles When a person contributes common property to the capital of a company, his or her spouse can claim the status of partner. This means that the spouse can become a partner of the company, […]
These are the legal and judicial professions as well as the technical and living environment professions. These lists are very important, since they are part of the overhaul of the legal status of liberal practice companies (SEL). Here is the important information to remember on this subject: professions affiliated with each family and impact of the classification on the practice of the profession. Families of regulated liberal professions in force on September 1, 2024 As of September 1, 2024, there will be three main families of regulated liberal professions in French law. […]
What you need to plan for when setting up your company
Starting my business Apart from a sole proprietorship, which involves carrying out a professional activity in one’s own name, creating a company is the only possible option for launching a new craft, commercial, or liberal activity. In this file, Le Coin des Entrepreneurs provides you with a list of elements to plan for when deciding to create your company to launch a new professional activity. A study period necessary to choose your legal status Have you decided to create your company to launch a new professional activity? From a legal point of view, you will have to start thinking about the legal form that you will choose for your future company. Indeed, this is a question that will have to be […]
Regulated liberal professions: definition and upcoming changes
Starting my business A February 2023 ordinance, whose objective is to reform the legal status of liberal practice companies (SEL), provides a definition of regulated liberal professions. It also groups them into three main families. These include health professions, legal and judicial professions, and other regulated liberal professions. These new developments are also accompanied by significant rule changes concerning SELs. They will come into force in 2024. Here they are, in detail. New definition of regulated liberal professions Until now, the texts did not provide a precise definition of regulated liberal professions. It came from Law No. 2012-387 of March 22, 2012. A recent ordinance (Ordinance No. 2023-77 […]
Starting a business: what you need to know about personal guarantees
Starting my business A business creation project can mobilize significant funds. On this occasion, recourse to bank loans (or professional credit) remains very common. In practice, banks condition the granting of this loan on the provision of specific guarantees. They generally ask the entrepreneur to act as a personal guarantor for their business. What does this mean? What commitments does the business creator make? Why is it better to avoid acting as a personal guarantor and how to avoid being one? Here is a file that answers all these questions. What is a personal guarantee for a business creator? A personal guarantee is a legal guarantee required by banks as part of a loan […]
Financial responsibility of the business creator
Starting my business A business creator exposes his liability at different levels (civil, criminal, financial, etc.). This file focuses on the financial liability of the entrepreneur. Does he expose his personal assets? To what extent? Are there exceptions to this principle? In practice, the extent of a creator’s financial liability depends on the form of business he has chosen. It is less significant in commercial companies such as SARL or SAS, more extensive in civil companies, and indefinite in general partnerships. Special rules apply to the sole trader. Here is what you need to remember on this subject.
About the Author
