Chapter III: Monitoring and penalties.

Articles in this section · 5

Article L363-1

French Insurance CodeIn force

Updated 8 Nov 2023

With a view to exercising control over insurance and reinsurance undertakings whose registered office is located in the territory of a Member State of the European Union other than France, and by way of derogation from the provisions of article 1 bis of law no. 68-678 of 26 July 1968 relating to the communication of documents and information of an economic, commercial, industrial, financial or technical nature to natural or legal persons, the supervisory authorities of the home state of the undertakings may require them and their branches established in France to communicate any information that is useful to them, commercial, industrial, financial or technical nature to natural or legal persons, the supervisory authorities of the home State of the companies may require them and their branches established in France to provide all information relevant to the exercise of this supervision.

Subject only to having informed the Autorité de contrôle prudentiel et de résolution in advance, the supervisory authorities of the home State of the undertakings may carry out, themselves or through the intermediary of persons they appoint for this purpose, on-site inspections of branches established in the territory of the French Republic of insurance undertakings whose head office is located in the territory of a Member State of the European Union other than France.

Mariela Petrova

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Common Questions

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

English · French · Russian

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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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