Price of the administrative procedures of a variation of the corporate purpose of a company
Update a company's corporate purpose amounts on average to $300. These expenses are the result of the procedures required by law.
Cost of legal advertising for a change of corporate purpose
The corporate purpose is one of items fundamentals of a Company. It is recorded in its statutes. If a transformation of the corporate purpose takes place, amendments to the statutes must be made. To protect third parties associated with the company, the law requires the publication of a legal announcement, also called legal announcement of change of corporate purpose.
Le cost of a legal announcement depends on the number of lines contained in it, fixed by order. On average, it is estimated at $100.
Legal and insertion costs in the event of a change in the corporate purpose
Publishing a legal announcement is a necessary but not sufficient step for the change of corporate purpose to be taken into account on the company's Kbis extract. A general meeting must then be held and send a file at the registry of the commercial court (or at the business formalities centre). Deposit can also be made online on the infogreffe.fr website.
The processing of the file by the registry entails spending which he distributes between the Bodacc, the Public Treasury (VAT), the INPI and himself.
formalities | Cost in 2022 |
Modification of the corporate purpose with modification of activities | 192,01 € |
Expenses to plan for a change of corporate purpose
Le price to pay for a transformation of the corporate purpose may include additional costs in relation to those induced by the completion of legal formalities.
It is thus necessary to provide for the sums paid to specialists (chartered accountant, lawyer, jurist, etc.) as well as to websites taking care of carry out legal procedures.
All of this spending optional represent the remuneration of work:
- Drafting of the minutes of the general meeting or of the decision of the sole shareholder,
- Modification of the clause concerned in the articles of association,
- Publication of a notice of change of activity in a newspaper,
- Preparation and filing of a file at the CFE or at the registry of the commercial court.
The cost of this assistance depends on the service provider chosen. A change of corporate purpose online costs about $180. However, this amount can vary considerably.
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