Simplification of the obligation to register company deeds

Finance Law No. 2020-1721 for 2021

Abolition of the obligation to register company deeds

In the continuity of a general movement to reduce the obligations of registration of company deeds, initiated several years ago, it is no longer compulsory to register the following deeds with the tax revenue:

• Capital increase in cash and by incorporation of profits, reserves or provisions
• Net increase in capital of a company with variable capital recognized at the end of a financial year
• Amortization or capital reduction
• Constitution of Economic Interest Grouping

Disappearance of the principle of prior registration

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

Thus, except for the acts mentioned below , registration at the registry may take place before that carried out with the business tax department:

• Deeds of transfer of social rights (shares or shares)
• Deeds transferring ownership or usufruct (goodwill, right to lease, clientele)

Acts still subject to the obligation of registration

Remain subject to mandatory registration:

• Company transformation – 125 euros
• The capital increase other than those referred to above – Exempt
• Deeds of transfer of social rights (shares or shares) – Shares: 0.1% / Shares: 3%*
• Deeds transferring ownership or usufruct (goodwill, right to lease, clientele) – According to tranches

*with an allowance of €23,000