Section 1: General provisions

Articles in this section · 5

Article L5151-2

French Labour CodeIn force

Updated 6 Nov 2023

A personal activity account is opened for any person aged sixteen or over in one of the following situations:

1° A person in employment, including those holding a French employment contract and working abroad;

2° A person seeking employment or supported in a vocational guidance and integration project;

3° Person admitted to an establishment or service providing assistance through work mentioned in a of 5° of I of article L. 312-1 of the Code de l'Action Sociale et des Familles (Social Action and Family Code);

4° A person who has asserted all their pension rights.

Notwithstanding the first paragraph of this article, a personal activity account is opened from the age of fifteen for young people who sign an apprenticeship contract on the basis of the second paragraph of article L. 6222-1 of this code.

People who are at least sixteen years old but do not fall into the situations mentioned in 1° to 3° of this article may open a personal activity account in order to benefit from the citizen commitment account and to access the online services mentioned in article L. 5151-6.

The account is closed on the date of the person's death. When its holder fulfils one of the conditions mentioned in 1° to 3° of article L. 5421-4, the personal training account ceases to be funded, except in application of article L. 5151-9.

Mariela Petrova

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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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