The third contribution that the sole shareholder can make to the capital of his Sole Proprietorship Limited Liability Company is thecontribution to industry. For the partner, it is a matter of providing the company with its skills neighborhoods, are the toil or, more generally, its services. Discover here the principles for correctly making industrial contributions in an EURL.
The third type of contribution that the sole shareholder can carry out capital of his Sole Proprietorship Limited Liability Company is thecontribution to industry. It consists of the supply to the company by the partner of its knowledge, of his job or, more generally, of its services. THE rules to respect to make industry contributions appropriately in EURL are presented below.
A contribution in industry is not limited to the contribution of a sum of money (cash contribution) or property (contribution in kind) But by providing technical knowledge, work or services.
It is important to note that the contribution in industry does not serve to form social capital but the sole shareholder will still receive shares in return. They will give him the right to dividends, to the distribution of net profit and to make decisions. The contribution in industry can be planned from the start and will have greater importance if other partners arrive (the SARL will then be multi-personal).
In addition, shares received in return for a contribution in industry can never be assigned or transmitted.
Evaluating a contribution in industry is often complicated, because it is a contribution without material substance. However, we can proceed by analogy with a usual supplier, by estimating the cost that the EURL should have caused if it had called on an external service provider for this service (for example, by requesting quotes).
The EURL statutes must define the terms and conditions for allocating the shares that serve as consideration for a contribution in industry, in particular:
The sole proprietor who has made a capital investment in his EURL is required to:
If the owner can no longer ensure his activity, his investment in industry becomes null and void.
