Sub-paragraph 2: Specific investment for certain animated works

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Article 211-66

French Cinema and Moving Image CodeIn force

Updated 8 Nov 2023


Without prejudice to the provisions relating to investment and direct allocation, production companies that have an automatic audiovisual production account have the option of investing the sums entered in this account for the preparation of the production of feature-length cinematographic works belonging to the animation genre.
This option may only be exercised if the following conditions are met:
1° At least 50% of the cost of the preparatory work is incurred in France;
2° The preparatory work relating to conception, adaptation and writing involves the preparation of literary and artistic documents written or expressed in French or in a regional language used in France;
3° The project concerns a French-initiated work. By way of exception, this condition may be waived at the reasoned request of the production company when it can prove that it was impossible, during the preparation of the work, to assemble financing such that the French participation would be the most significant, provided that the exploitation rights to the work remain with the delegated production company established in France;
4° The financing of the production of the work, excluding public financial aid, is confirmed for at least 30% of the production estimate. This condition is not required for an investment of up to €400,000, including a maximum of €200,000 for the automatic audiovisual production account and up to the ceiling stipulated in article 311-67. <For a single cinematographic work, this option may only be exercised by a single production company with the status of delegated production company.

Mariela Petrova

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Working with a corporate lawyer in France — Q&A

Any time a strategic decision changes how the company is owned, governed or contractually bound — incorporation, fundraising, M&A, restructuring, shareholder agreements, or major commercial contracts. Earlier engagement always costs less than later remediation.

A notary (notaire) is a public officer who authenticates specific deeds (mainly real-estate transfers and certain family-law acts). A corporate lawyer (avocat) advises on strategy, negotiates and drafts company documents, and represents you in disputes. The two roles complement rather than overlap.

Yes — most of our clients are foreign suppliers, investors or holding entities. We bridge the gap between French law and your home jurisdiction's expectations and deliver everything bilingually.

The SAS (Société par Actions Simplifiée) is the default choice for most international structures: flexible governance, single shareholder allowed, no minimum capital, and works cleanly with foreign holding entities. We assess SARL, SA, SCI on the merits when the situation calls for it.

Yes — communications with a French avocat are protected by the secret professionnel (Article 66-5 of the Law of 31 December 1971). This protection is broader than the common-law attorney-client privilege and applies to written and oral exchanges.

We work on fixed fees for clearly scoped engagements (incorporation, contract drafting, audits) and on monthly retainers for ongoing advisory. Hourly billing is the exception, not the default. You always know the cost before work starts.

Typical timeline is 2–3 weeks from KYC kick-off to RCS registration, assuming standard documentation. Holding-company structures, foreign-shareholder identification or in-kind contributions can extend this — we flag the gating items at the first meeting.

Absolutely. We routinely coordinate with your in-house counsel, expert-comptable or notaire — pragmatic collaboration is the norm, not the exception. We send them everything they need to do their part without duplicating work.

Mariela Petrova

Mariela Petrova

Avocate au Barreau de Paris

Toque #C2396

15+ Years In Corporate Practice

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Communications protected by professional secrecy — secret professionnel de l'avocat, Article 66-5 of the Law of 31 December 1971.

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