Subsection 4: Managing Director

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Article R411-17

French Tourism CodeIn force

Updated 8 Nov 2023

The Managing Director of the Agency is appointed by decree on the report of the Minister for the Economy and Finance and the Minister for Tourism.

He organises and manages the agency. In particular, he is responsible for

1° Proposing and implementing the Agency's guidelines;

2° Ensure the running of the Agency's departments;

3° Exercising authority over the agency's staff, hiring, appointing and dismissing them;

4° Drawing up the agency's programme and annual report;

5° Preparing the decisions of the Board of Directors and ensuring that they are implemented;

6° Preparing the annual statement of estimates of income and expenditure and amending decisions, and presenting the financial statements;

7° Representing the agency in legal proceedings, in all civil acts and in its dealings with third parties;

8° Authorising the Agency's revenue and expenditure and appointing secondary authorising officers;

9° Examining applications, allocating aid for social tourism and leisure facilities and the actions mentioned in articles L. 411-13 and L. 411-14, in compliance with the general conditions of allocation determined by the Board of Directors, and authorising them;

10° Draw up agreements with the agency's partners relating to personal assistance;

11° After consulting the Board of Directors, propose to the supervisory authorities the commission rates applied to the sale and reimbursement of holiday vouchers under the conditions set out in III of article R. 411-16;

12° To enter into any deed, contract, agreement, convention or contract on behalf of the agency, or to enter into any lease;

13° Subject to the decision of the Board of Directors provided for in article R. 411-15, purchase or sell any property, take out any loans, pledge or mortgage any property;

14° Organising the management of available funds under the conditions set out in article R. 411-23;

15° Set the maximum amount of holiday vouchers that may be issued in payment of the expenses mentioned in article L. 411-2 over a given period.

The Chief Executive Officer may delegate his signature.

He may appoint secondary authorising officers after obtaining the opinion of the member of the General Economic and Financial Control.

Mariela Petrova

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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

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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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