Subsection 3: Tax fraud, combating money laundering and terrorist financing

Articles in this section · 2

Article L772-10

French Monetary and Financial CodeIn force

Updated 6 Nov 2023

I.- For the application of Article L. 54-10-3 in Saint-Pierre-et-Miquelon, the words "or in another Member State of the European Union or party to the Agreement on the European Economic Area" appearing in 3° as well as the sixth paragraph of the Article are deleted;
II.-For the application in Saint-Pierre-et-Miquelon of Articles L. 54-10-3, L. 54-10-5, L. 561-3 and L. 561-36-1, references to European regulations on restrictive measures taken pursuant to Articles 75 or 215 of the Treaty on the Functioning of the European Union are replaced by references to the European regulations mentioned in Article L. 712-10.
III.For application in Saint-Pierre-et-Miquelon, in Article L. 561-31-2 :
1° In the second paragraph of I, the words: "the Europol national unit mentioned in paragraph 2 of Article 7 of Regulation 2016/794 of 11 May 2016 on the European Union Agency for Law Enforcement Cooperation (Europol)" are replaced by the words: "the national unit responsible for liaison with Europol";
2° In II, the words: "in the cases provided for in the aforementioned paragraph 7 of Article 7 of Regulation 2016/794" are replaced by the words: "if such communication is contrary to the essential security interests of France or leads to the disclosure of information concerning specific organisations or intelligence activities in the field of national security";
IV.-For the application in Saint-Pierre-et-Miquelon of Articles L. 561-36, L. 561-36-2, L. 561-36-3, L. 561-37 and L. 562-4-1, references to European regulations on restrictive measures taken pursuant to Articles 75 or 215 of the Treaty on the Functioning of the European Union and to measures taken pursuant to the same Article 215 for other purposes are replaced by references to the European regulations mentioned in Article L. 712-10.

Mariela Petrova

Need help applying this article to your situation?

A registered French Lawyer explains what applies to your business — in English, fixed fee.

within 48h

Fixed Fee

Talk to a lawyer
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

Ready When You Are

Talk To A Corporate
Lawyer In France.

A 20–30 minute call, in English, to scope the engagement. No obligation, no preliminary fee. You will leave the call with a clear view of what the work will cover and what it will cost.

First EngagementFixed Fee

Talk to a French lawyer.

Reply within 24 hours.

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

Continue Reading

Related corporate services in France

01 / Setup

Setting up a French company

Choose between SAS, SARL, SA or SCI — and structure your first French entity around how you actually plan to operate.

Read More
02 / Operating

French commercial contracts

Distribution, agency, supply, services and IP licences — drafted around the protections French law actually gives.

Read More
03 / Disputes

Business disputes & litigation

Shareholder conflicts, commercial breaches and pre-litigation strategy — handled by the same team that knows the file.

Read More