Step 1 – Prepare SASU statutory documents
In order to constitute a SASU, it is necessary to write a legal document who will organize the functioning of the company. THE content of statutes must comply with the provisions of the French Commercial Code, and include all information required by the law.
It is possible to use a status template to facilitate writing. It is recommended to download this template from a safe site to get a complete document.
Step 2 – Credit a blocked bank account
The cash contributions made when setting up a SASU must be paid up to at least half of their amount. Funds can be transferred either:
- in a bank,
- at the deposit and consignment fund,
- or at a notary.
A list of share subscribers must be submitted on this occasion. For more information, you can consult this page.
In the event of partial payment, the rest of the cash contributions must be paid up in one or more installments within five years of the registration of the SASU.
Step 3 – Assess in-kind contributions
When in-kind contributions are planned, it is essential to evaluate them.
A contribution commissioner, appointed to estimate the value of in-kind contributions, must be appointed. Once his mission has been accomplished, he will submit a report which must be appended to the SASU statutes.
Finalization and registration of the SASU
Once the amount of money contributed has been deposited in a pending account and the value of the contributions in kind is established, the SASU statutes can be completed and signed.
Phase 5 – Dissemination of a legal notice of incorporation
Following the signature of the statutes, it is necessary to declare a notice of incorporation of SASU in a newspaper of legal announcements. The newspaper chosen must be authorized to publish legal announcements in the department where the SASU's head office is located.
The legal announcement must contain a number of mandatory data. We detail that here: The legal announcement of the constitution of a SASU.
Step 6 – Prepare a registration application file
To obtain the registration of a SASU, you must complete a company creation form (declaration M0).
The document to be used for the constitution of a SASU is the CERFA 13959-04 form, which you can download HERE.
Step 7 – Send the documents to the business formalities body
When the declaration of creation is completed, the application package for incorporation must be submitted to the business formality center (CFE) near the SASU's head office. You can also apply online on infogreffe.fr.
You must provide:
- a copy of the signed statutes,
- the declaration of creation (form M0),
- the act of appointment of the president of the SASU (if he is not appointed by statute),
- the notice of publication in the journal of legal announcements,
- the certificate of depositary of the funds accompanied by the list of subscribers,
- the contribution auditor's report (if contributions in kind are made),
- proof of occupancy of the premises used as SASU head office,
- for the chairman and any other corporate officer: a declaration of non-conviction, proof of identity and a certificate of parentage,
- the authorization issued by the supervisory authority (if the activity is regulated).
In specific cases, other documents may be requested. In case of doubt, it is recommended to contact the CFE beforehand.
Step 8 – Obtaining the Kbis and release of contributions
Once the file is fully completed, the Kbis is transmitted a few days after its delivery to the CFE. If the file is incomplete, the missing documents must be sent as soon as possible.
Once the Kbis has been obtained, it is necessary to request the release of the funds paid into a blocked account in order to be able to use them.