Section 3: Operating rules

Articles in this section · 22

Article D621-27

French Monetary and Financial CodeIn force

Updated 5 Nov 2023

The fixed fee payable under I of Article L. 621-5-3 is set at :

1° 750 euros for each filing of a document for the declaration referred to in 1° ;

2° 3,200 euros for any examination of the obligation to file a public offer referred to in 2° ;

3° 5,000 euros per filing of an information document on an issue programme, an issue, a transfer or an admission of debt securities or financial contracts subject to approval by the Autorité des marchés financiers;

4° €2,000 for any notification or authorisation to market in France a collective investment scheme governed by foreign law or an investment fund governed by foreign law or a subfund of such a collective investment scheme or investment fund. For the first year, the fixed fee is payable on the day the foreign authority sends the notification letter to the Autorité des marchés financiers, or no later than thirty days after authorisation. The fixed fee is paid on 30 April in subsequent years if the collective investment scheme, investment fund or sub-fund still benefits from notification or marketing authorisation on 1 January. In all cases, proof of payment must be sent to the Autorité des marchés financiers;

5° 8,000 for each application referred to in 5°. The fixed fee is payable on the day on which promotional communications or canvassing are authorised under the conditions laid down in Article L. 551-3.

6° 3,000 euros per filing of an information document on a public offer of tokens subject to approval by the Autorité des marchés financiers.

Mariela Petrova

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Common Questions

Working with a corporate lawyer in France — Q&A

Any time a strategic decision changes how the company is owned, governed or contractually bound — incorporation, fundraising, M&A, restructuring, shareholder agreements, or major commercial contracts. Earlier engagement always costs less than later remediation.

A notary (notaire) is a public officer who authenticates specific deeds (mainly real-estate transfers and certain family-law acts). A corporate lawyer (avocat) advises on strategy, negotiates and drafts company documents, and represents you in disputes. The two roles complement rather than overlap.

Yes — most of our clients are foreign suppliers, investors or holding entities. We bridge the gap between French law and your home jurisdiction's expectations and deliver everything bilingually.

The SAS (Société par Actions Simplifiée) is the default choice for most international structures: flexible governance, single shareholder allowed, no minimum capital, and works cleanly with foreign holding entities. We assess SARL, SA, SCI on the merits when the situation calls for it.

Yes — communications with a French avocat are protected by the secret professionnel (Article 66-5 of the Law of 31 December 1971). This protection is broader than the common-law attorney-client privilege and applies to written and oral exchanges.

We work on fixed fees for clearly scoped engagements (incorporation, contract drafting, audits) and on monthly retainers for ongoing advisory. Hourly billing is the exception, not the default. You always know the cost before work starts.

Typical timeline is 2–3 weeks from KYC kick-off to RCS registration, assuming standard documentation. Holding-company structures, foreign-shareholder identification or in-kind contributions can extend this — we flag the gating items at the first meeting.

Absolutely. We routinely coordinate with your in-house counsel, expert-comptable or notaire — pragmatic collaboration is the norm, not the exception. We send them everything they need to do their part without duplicating work.

Mariela Petrova

Mariela Petrova

Avocate au Barreau de Paris

Toque #C2396

15+ Years In Corporate Practice

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Communications protected by professional secrecy — secret professionnel de l'avocat, Article 66-5 of the Law of 31 December 1971.

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