Subsection 1: Initial registrations

Articles in this section · 8

Article R521-5

French Commercial codeIn force

Updated 5 Nov 2023

The entry is made in a register kept by the competent registrar. This registrar shall be, as the case may be, the registrar of the commercial court, the registrar of the judicial court ruling on commercial matters or the registrar of the mixed commercial court within whose jurisdiction the debtor, or the owner of the collateral if he is not the debtor, is principally registered in the register of commerce and companies.

If the debtor, or the owner of the encumbered asset if he is not the debtor, is not required to be registered in the Trade and Companies Register, the entry is made in the register in whose jurisdiction his registered office or, failing that, his principal place of business is located or, if there is neither a registered office nor a principal place of business, his place of business or the address of the company fixed to the residential premises. In the case of a natural person whose guaranteed debt has been contracted on a non-business basis, the entry is made in the register in whose jurisdiction their personal domicile is located.

If several persons are debtors, or owners of the encumbered asset, in respect of the same security or the same transaction, the entry shall be made, at the choice of the applicant, in the register kept by one of the registrars with jurisdiction pursuant to the preceding paragraphs.

In the absence of registration in the register, the debtor shall be deemed to be the owner of the encumbered asset. If the applicant is not registered in the Trade and Companies Register, does not have its registered office, principal place of business, place where it conducts its business or personal domicile on French territory, the competent registrar is that of the Paris Commercial Court.

For contractual pledges, the registrar may choose to enter the pledge in the register kept by one of the competent registrars in accordance with the preceding paragraphs. For conventional pledges of company shares, the competent court registrar is the one in whose jurisdiction the company whose shares are pledged is registered.

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

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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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