Company statutes (SARL)
The statutes of an SARL are the founding instrument of the private limited liability company. Required to be drawn up in writing (article L223-6 of the Code de commerce), they set out the corporate form, purpose, registered office, term, capital and operating rules of the company. Each shareholder states their contribution to the share capital and receives in return shares whose value is proportional to their contribution. A complete, law-compliant template protects the shareholders, eases registration with the Trade and Companies Register (RCS) and secures the relationships between shareholders over the long term. This form is completed in English, but the document is generated in French, ready to sign and file in France.
Note: the questionnaire is in English; the generated document is in French.
The company
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Frequently asked questions
What is the minimum number of shareholders to set up an SARL?
An SARL must have at least two shareholders (article L223-1 of the Code de commerce). If it has only one, it is an EURL (single-member limited liability company), a specific form subject to particular rules.
What is the minimum capital for an SARL?
Since the Act of 1 August 2003, the minimum capital of an SARL is freely set by the shareholders in the statutes (article L223-2 of the Code de commerce), with no legal floor. It must, however, be suited to the intended activity so as not to risk being void for manifest insufficiency.
Do the statutes have to be registered?
SARL statutes no longer have to be registered with the tax authorities since the abolition of the fixed registration duty (2020 Finance Act). They must, however, be filed with the registry of the commercial court (greffe) when applying for registration with the RCS.
How are SARL shares transferred?
The transfer of shares between shareholders is free unless the statutes provide otherwise. A transfer to a third party is subject to the approval of the majority of the shareholders representing at least half of the shares (article L223-14 of the Code de commerce), unless the statutes require a stronger majority.
Other templates
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