Simplification of the obligation to register company documents

Finance Law No. 2020-1721 for 2021

Removal of the requirement to register company documents

In line with a general trend towards easing the registration requirements for company documents , which began several years ago, it is no longer mandatory to register the following documents with the tax authorities:

• Capital increase through cash contributions and the incorporation of profits, reserves or provisions
• Net increase in the capital of a company with variable capital recorded at the end of a financial year
• Amortization or capital reduction
• Formation of an Economic Interest Group

Disappearance of the principle of prior registration

For acts which remain subject to mandatory registration with the tax office , the principle of prior registration before filing with the competent registry becomes the exception.

Thus, except for the acts mentioned below , registration with the clerk's office can take place before registration with the business tax office:

• Deeds of transfer of social rights (shares or equity interests)
• Deeds transferring ownership or usufruct (business assets, lease rights, clientele)

Acts still subject to the registration requirement

The following remain subject to mandatory registration:

• The transformation of society – 125 euros
• Capital increases other than those mentioned above – Exempt
• Transfer of equity interests (shares or equity interests) – Shares: 0.1% / Equity interests: 3%*
• Deeds transferring ownership or usufruct (business assets, lease rights, clientele) – By bracket

*with a tax allowance of €23,000