Express incorporation: the way to create a company in 24 hours

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One of the biggest complaints that entrepreneurs often make is the amount of paperwork that has to be done to create a limited company. For the past couple of years, it has been possible to create a limited company in 24 hours by completing almost all of these procedures online. However, this system of incorporation is not suitable for all types of companies.

Characteristics of express companies and the incorporation procedure
Companies formed under the express procedure will be micro-SMEs with certain characteristics :

* Its share capital may not exceed 3,100 euros.
* The bylaws will have france whatsapp number data a fixed wording, established by the Ministry of Justice and with very limited corporate purposes. In no case may any modification be made to these.
* The constitution of sole proprietorship companies is permitted, but all partners must be natural persons . * The only administrative body
allowed is a sole administrator, several joint administrators, whatever their number, or two joint administrators.

The procedures for its creation are the same as for a "normal" company, but the process is quicker. On the same day that the negative certificate of the company name is received, the deed of incorporation must be formalized before a notary . The notary himself, once the deed has been signed, will request the company's CIF from the Treasury and will send the deed to the Commercial Registry, all of this electronically.