Section 2: Financial provisions

Articles in this section · 12

Article L2511-41

French General Code of Local AuthoritiesIn force

Updated 7 Nov 2023

The arrondissement mayor sends the mayor of the commune or the mayor of Paris, within one month of the notification provided for in Article L. 2511-40, the special statement for the arrondissement adopted in real balance. The special statement is voted by chapter and by article.

The special statement for each arrondissement is submitted to the municipal council or the Paris council at the same time as the draft budget for the commune or the City of Paris.

The city council or the Paris council asks the arrondissement council to re-examine the special statement when the total amount of appropriations intended for the allocations of the arrondissements, set by the city council or the Paris council when examining the budget of the commune or the City of Paris, is different from that initially envisaged under the conditions provided for in article L. 2511-40, when the municipal council or the Paris council considers that the special statement has not been adopted in real balance or does not include all the compulsory expenditure that must appear therein, or when the municipal council or the Paris council considers that the expenditure planned for a facility or service whose management has been entrusted to the arrondissement council is manifestly insufficient to ensure the operation of that facility or service.

When a second deliberation is requested from one or more arrondissement councils in application of the preceding paragraphs, the budget of the commune or the City of Paris is adopted without the special statement or statements of the arrondissements concerned. In this case, the arrondissement council(s) shall be called upon to amend the special statements accordingly within fifteen days of receipt of the request for review. At the end of this period, the municipal council or the Paris council shall adopt the special statement or statements which do not include the amendments made necessary by the deliberation of the municipal council or the Paris council requesting the re-examination of the special statement; the special statement or statements, thus adopted where applicable, shall then be appended to the budget of the municipality or the City of Paris and shall become enforceable on the same date as the deliberation of the municipal council or the Paris council which adopted or adopted them.

Where the provisions of the two preceding paragraphs are not applied, the special statements of the arrondissements are appended to the budget of the municipality or the City of Paris and become enforceable on the same date as the latter.

The control procedures provided for the budget of the Commune or the City of Paris in Title I of Book III of this Part also apply to the special statements of the arrondissements, including when they do not become enforceable at the same time as the budget of the Commune or the City of Paris by virtue of the preceding provisions.

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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