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 theregistration 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