To contact specialized
French Business Attorneys
Call us

Payment terms

25 Mar 2011

Pursuant to article L. 441-6 of the French Code de commerce (Commercial code):

Unless otherwise specified in the general terms and conditions between a buyer and a supplier of products or provider of services, or otherwise agreed between the parties, payment is due 30 days after the date on which the products were received or the services provided. Shorter payment periods apply for certain activities or products.

The parties may not agree on payment periods which are longer than 45 days end of month or 60 days after the date of invoice.

Penalties for late payment apply automatically.

Failure to comply with certain provisions of article L. 441-6 of the French Code de commerce is punishable by a fine up to €15 000.

Commercial agency agreement (French contract law)
Previous article
Penalties for late payment
Following article
Contact a French business lawyer
Call us or fill in the form below. A French attorney will contact you within 6 to 24h
captcha
Call us at + 33 (0) 1 84 88 31 00
for a free quote
Who we are

French-business-law.com is the 1st online legal support solution which helps you find information and obtain specialized legal advice on French business law.

 

French-business-law.com entertains a network of experienced French business attorneys, who provide customized legal advice on French business law to clients in France and abroad.

Le-droit-des-affaires.com

Le-droit-des-affaires.com est le 1er site d’informations et de conseils juridiques en droit des affaires, animé par des avocats d’affaires.

 

Le-droit-des-affaires.com entretient un réseau d’avocats d’affaires expérimentés, qui fournissent un conseil personnalisé et sur mesure, tant en France qu’à l’étranger.

Newsletter
To receive our newsletter, information memoranda and news on French business law, please enter your email address.
Copyright © 2012 - 2013 French-business-law.com. All rights reserved.