CHAPTER II: Financial provisions

Articles in this section · 13

Article L5722-1

French General Code of Local AuthoritiesIn force

Updated 6 Nov 2023

I. - Subject to the provisions of this chapter, the syndicats mixtes mentioned in Article L. 5721-2 are subject to the provisions of Book III of Part Two applicable to communes with between 3,500 and less than 10,000 inhabitants.

The trade union committee of a joint association comprising at least one département or a group of départements may, however, opt for the application of the provisions of Book III of Part Three. Where the syndicat mixte comprises at least one region or a grouping of regions, it may opt for the application of the provisions of Book III of Part Four.

The deliberation relating to this option or its modification takes effect from the financial year following that in which it became enforceable.

II. - The provisions of Article L. 2313-1 apply to the mixed syndicates mentioned in Article L. 5721-2. Budget documents are made available to the public at the headquarters of the establishment and at the town halls concerned. When the mixed syndicates include at least one department or region, the budget documents may also be consulted at the headquarters of the departmental councils and regional councils concerned.

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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