The EURL must determine a corporate purpose, which corresponds to the nature of their activity. This choice is important since it determines the activities that the company is authorized to carry out and the limits imposed on it. It is therefore essential to ensure that the corporate purpose is correctly drafted and precise.
Here is a SEO rewording in HTML for WordPress of this text: A EURL is required to select an activity, a reflection of the activity she practices. It is freely chosen by the sole shareholder, provided that it is legal. Special rules must be observed and are described in this article on the purpose of an EURL.
Advantages of the corporate purpose of an EURL
THEsocial object represents the field of activity in which an EURL can indulge in order to achieve the expected profit.
THEsocial object appearing in the statutes of an EURL is crucial because it defines the compliance of the company's activities. In addition, it determines the APE code issued by INSEE and the collective agreement applicable to social issues.
Furthermore, the corporate purpose narrow the prerogatives of the manager of the EURL : he is aware of the consequences of any action that would exceed the corporate purpose.
Finally, the for sustainable (Intergovernmental Panel on Climate Change) and the completion of the corporate purpose constitutes a Reason to dissolution of the EURL.
Select the social purpose of an EURL
La selection of the social purpose of an EURL by its sole partner is spirit as long as she is allowed. However, she must be legal (at risk of nullity of the company), that is to say in accordance with good morals and public order. It should not be related to things outside of commerce. In practice, it is recommended to describe the corporate purpose with as much precision as possible.
In addition, to protect the ancillary activities carried out, it is customary to include an extension clause providing that the company may participate in the performance of all the operations directly or indirectly related to it.
It is also important to note that certain types of activities cannot be exercised in EURL, for example insurance, savings and pension activities, tobacconist's shops or the collection and distribution of royalties.
Declaration of the purpose of the EURL when registering with the RCS
Once chosen, thecommercial object of the EURL must be deposit to be included in the trade and companies register (more commonly known as "RCS") and inserted in the Kbis extract of the EURL.
For this, a specific file must be compiled and presented to the registry of the commercial court or to the business formalities center to which the EURL is attached. At this point, an M0 form will need to be signed.
Change the corporate purpose of an EURL
The sole shareholder has the option at any time of modify the corporate purpose of its EURL. Decision-making by the sole shareholder can generate tax consequences and train theadaptation of the EURL statutes which must respect a certain formalism:
To read also on the subject of the constitution of an EURL:
