Subsection 3: Specialised credit institutions

Articles in this section · 1

Article R774-4

French Monetary and Financial CodeIn force

Updated 5 Nov 2023

I. - Subject to the adaptations provided for in II, the provisions of the articles mentioned in the left-hand column of the table below shall apply in French Polynesia, in the wording indicated in the right-hand column of the same table:

Applicable articlesIn the wording resulting from the decree
R. 513-1-An° 2022-766 of 2 May 2022
R. 513-1n° 2021-898 of 6 July 2021
R. 513-2no. 2014-1315 of 3 November 2014
R. 513-4 to R. 513-6 with the exception of the third paragraphn° 2021-898 of 6 July 2021
R. 513-6-1 to R. 513-8n° 2022-766 of 2 May 2022
R. 513-8-1n° 2023-102 of 16 February 2023
R. 513-9 to R. 513-13n° 2014-1315 of 3 November 2014
R. 513-14n° 2022-766 of 2 May 2022
R. 513-15n° 2014-1315 of 3 November 2014
R. 513-16n° 2021-898 of 6 July 2021
R. 513-17 and R. 513-18n° 2014-1315 of 3 November 2014
R. 513-19 and R. 513-20n° 2021-898 of 6 July 2021
R. 513-21n° 2014-1315 of 3 November 2014

II. - For the application of I:
1° In paragraph 3 of II of Article R. 513-1, the words: the guarantee fund for social home ownership mentioned in Article L. 312-1 of the French Construction and Housing Code or any person replacing it are replaced by the words: any person replacing a guarantee fund for social home ownership;
2° In the last paragraph of Article R. 513-6-1, the words: after consultation with the European Banking Agency are deleted;
3° In article R. 513-7, the words: or by a similar entity governed by the law of a Member State of the European Union are deleted;
4° In article R. 513-8-1, references to safeguard, receivership or liquidation proceedings are replaced by references to locally applicable proceedings having the same purpose;
5° In article R. 513-10, the words: the sums owed to the guarantee fund for social home ownership mentioned in article L. 312-1 of the Construction and Housing Code, are deleted;
6° In article R. 513-13, the words: in articles R. 313-17-1, R. 313-17-2 and R. 313-18 are replaced by the words: in article R. 313-18;
7° In article R. 513-17, after the words: the Banque de France , the words: and the Institut d'émission d'outre-mer are inserted;
8° In Article R. 513-20:
a) The words: a central bank of a Member State of the European Union are replaced by the words: the Banque de France or the Institut d'émission d'outre-mer;
b) The words: a central administration of a Member State of the European Union are replaced by the words: 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

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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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