Section 1: Provisions relating to the Wallis and Futuna Islands

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Article R771-2

French Consumer CodeIn force

Updated 7 Nov 2023

For the application of Article R. 771-1:

1° In Article R. 712-5, references to the provisions of Article L. 811-1 are replaced by references to locally applicable provisions having the same purpose;

2° In Articles R. 712-6, R. 712-20 and R. 722-1, references to the Caisse d'allocations familiales or the Caisse de mutualité sociale agricole are replaced by references to locally applicable provisions having the same purpose ;

3° References to prefectoral decrees are replaced by references to decrees of the higher administrator of the Wallis and Futuna Islands;

4° The local representative of the Banque de France on the Wallis and Futuna overindebtedness commission is the representative of the local branch of the Institut d'émission d'outre-mer. He may be represented by one of his deputies;

5° References to the prefect are replaced by references to the higher administrator of the Wallis and Futuna Islands;

6° References to the departmental director of public finance are replaced by references to the director of public finance of the Wallis and Futuna Islands ;

7° References to the Banque de France website are replaced by references to the website of the Institut d'émission d'outre-mer;

8° References to the tribunal judiciaire and the juge des contentieux de la protection are replaced by references to the tribunal de première instance and the juge du tribunal de première instance;

9° References to the provisions of Articles L. 733-7, L. 722-4 et L. 722-6 shall not apply;

10° For the application of Article R. 731-1, references to the Code du travail and the Code de l'action sociale et des familles are replaced by references to locally applicable provisions having the same effect;

11° Provisions relating to sales of immovable property, seizures of immovable property, the judge responsible for seizures of immovable property and the price of an immovable property are not applicable;

12° For the application of Article R. 752-2, the words: "the Banque de France" are replaced by the words: "the Institut d'émission d'outre-mer".

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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