{"id":2129856,"date":"2026-09-24T19:54:59","date_gmt":"2026-09-24T17:54:59","guid":{"rendered":"https:\/\/kohenavocats.fr\/2026\/09\/24\/foreign-company-france-sas-sarl-branch-subsidiary-choose-register-abroad\/"},"modified":"2026-09-24T20:22:02","modified_gmt":"2026-09-24T18:22:02","slug":"foreign-company-france-sas-sarl-branch-subsidiary-choose-register-abroad","status":"publish","type":"post","link":"https:\/\/kohenavocats.fr\/en\/2026\/09\/24\/foreign-company-france-sas-sarl-branch-subsidiary-choose-register-abroad\/","title":{"rendered":"Your French Company From Abroad: SAS, SARL, Branch or Subsidiary \u2014 Which Vehicle and How to Register It?"},"content":{"rendered":"<p>You live in London, New York, Dubai or Singapore, and France is your next market. A distributor waits for your signature, a client wants a French invoice with French VAT, or your group needs a local entity to hire one salesperson in Lyon. From abroad, the French menu looks confusing: SAS, SARL, SASU, EURL, branch, subsidiary, each with its own acronyms, its own registration circuit and its own tax bill. Choose the wrong vehicle and you pay for it for years, through rigid voting rules you never wanted, a director who cannot be removed without damages, social charges you never budgeted, or a foreign head office held liable for everything the French outlet does. This guide gives the distant founder a complete decision method, with statutes verified in their versions in force on 24 September 2026 and five binding rulings of the Cour de cassation, the court at the top of the French judicial system, each read in its full official text. Every French acronym is explained on first use. The four vehicles are compared side by side, then each registration, governance and tax step is mapped for a founder who signs everything from abroad. Our companion guide on <a href=\"https:\/\/kohenavocats.fr\/en\/2026\/09\/03\/setting-up-company-france-foreign-founder-bank-account-kbis-vat-first-hire\/\">setting up a company in France as a foreign founder<\/a> covers the bank account, the Kbis certificate and VAT registration in detail; this article answers the earlier question, the one that shapes all the others: which legal vehicle should you pick when you run everything from abroad? Two earlier guides compared the same four vehicles (<a href=\"https:\/\/kohenavocats.fr\/en\/2026\/09\/03\/foreign-founder-france-sas-sarl-branch-subsidiary-choose-vehicle\/\">our 3 September vehicle-choice guide<\/a> and <a href=\"https:\/\/kohenavocats.fr\/en\/2026\/09\/04\/foreign-founder-choose-french-sas-sarl-branch-subsidiary\/\">our 4 September founder-choice guide<\/a>); this article updates that comparison with the latest SAS case law and the full registration-to-tax chain for founders signing from abroad.<\/p>\n<h2>I. Should You Set Up a SAS, a SARL, a Branch or a Subsidiary When You Live Abroad?<\/h2>\n<h3>A. SAS or SARL: which company protects a foreign founder best?<\/h3>\n<p>The SAS (soci\u00e9t\u00e9 par actions simplifi\u00e9e, the simplified joint-stock company) and the SARL (soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e, the limited liability company) are the two standard French companies with their own legal personality. Both shield the shareholders behind limited liability, both receive a Kbis (the official company identity certificate issued by the greffe, the registry office of the commercial court), and both register on the RNE (Registre national des entreprises, the national business register operated through the one-stop shop run by the INPI, the Institut national de la propri\u00e9t\u00e9 industrielle). The statute opens the SAS chapter with a deliberately wide door: \u00ab Une soci\u00e9t\u00e9 par actions simplifi\u00e9e peut \u00eatre institu\u00e9e par une ou plusieurs personnes qui ne supportent les pertes qu&#8217;\u00e0 concurrence de leur apport. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000048535177\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000048535177\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L227-1<\/a>). The SARL chapter mirrors it: \u00ab La soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e est institu\u00e9e par une ou plusieurs personnes qui ne supportent les pertes qu&#8217;\u00e0 concurrence de leurs apports. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000019291708\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000019291708\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L223-1<\/a>). When each vehicle has only one shareholder, it takes a special name: a one-person SAS is a SASU (soci\u00e9t\u00e9 par actions simplifi\u00e9e unipersonnelle), and a one-person SARL is an EURL (entreprise unipersonnelle \u00e0 responsabilit\u00e9 limit\u00e9e). A foreign founder setting up alone therefore chooses in practice between a SASU and an EURL, while two or more partners choose between a multi-shareholder SAS and a SARL.<\/p>\n<p>The practical difference between the two is not liability, which is capped in both, but lawmaking power. A SARL runs on a fixed statutory track: managers, majorities and transfers are set by the Commercial Code, and the articles of association (the statuts, the contract that organises the company) can only adjust at the margins. A SAS runs on a contract track: the statuts write the rules, and the Code steps back. That contrast drives every decision below, from how votes are counted to how directors are hired and fired. For a founder living abroad, the SAS contract track is usually the safer home, because distance demands tailor-made rules on remote voting, electronic signature, casting votes and emergency management, all of which the SAS allows and the SARL restricts. The SARL keeps one advantage for small family ventures: its statutory track is predictable, cheap to run, and familiar to every French accountant, bank and greffe. A solo consultant billing from Paris twice a month may find an EURL perfectly sufficient; a start-up onboarding investors, issuing preference shares or granting convertible instruments needs a SAS.<\/p>\n<p>Voting mechanics show the gap in concrete terms. In a SARL, ordinary decisions follow a locked majority rule: \u00ab Dans les assembl\u00e9es ou lors des consultations \u00e9crites, les d\u00e9cisions sont adopt\u00e9es par un ou plusieurs associ\u00e9s repr\u00e9sentant plus de la moiti\u00e9 des parts sociales. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000038799356\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000038799356\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L223-29<\/a>). If that first majority fails and the statuts say nothing different, a second vote can pass by a simple majority of votes cast, but any clause ignoring this architecture can be annulled at the request of any interested party. In a SAS, the equivalent rule is written by the founders themselves: \u00ab Les statuts d\u00e9terminent les d\u00e9cisions qui doivent \u00eatre prises collectivement par les associ\u00e9s dans les formes et conditions qu&#8217;ils pr\u00e9voient. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000051322706\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000051322706\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L227-9<\/a>). Only a short list of fundamental matters, capital changes, mergers, dissolution, approval of accounts and appointment of auditors, must stay collective; everything else, quorum, majority, remote consultation, written consent, can be shaped for a shareholder base spread across time zones. That freedom is real, but it has two hard edges set by recent case law, and both bite founders who draft quickly.<\/p>\n<p>The first edge concerns statutory procedure. On 15 March 2023 the Commercial Chamber of the Cour de cassation reshaped SAS nullity law and held that the fourth paragraph of Article L227-9 \u00ab doit \u00eatre lu comme visant les d\u00e9cisions prises en violation de clauses statutaires stipul\u00e9es en application du premier alin\u00e9a et permettant, lorsque cette violation est de nature \u00e0 influer sur le r\u00e9sultat du processus de d\u00e9cision, \u00e0 tout int\u00e9ress\u00e9 d&#8217;en poursuivre l&#8217;annulation \u00bb (<a href=\"https:\/\/www.courdecassation.fr\/decision\/64117328f6c989fb02435699\">Cass., Commercial Chamber, 15 March 2023, No. 21-18.324<\/a>). In plain terms, a SAS vote taken in breach of its own statuts can now be annulled whenever the breach could have changed the outcome, at the request of any interested party. A founder who writes elaborate consultation safeguards into the statuts and then ignores them for speed hands every unhappy minority shareholder a nullity claim. The lesson for distance management is direct: draft only the procedures you will actually follow, align the statuts with your real calendar, and keep proof of each convocation, each electronic vote and each written consent.<\/p>\n<p>The second edge concerns majorities themselves. On 15 November 2024 the Full Assembly of the Cour de cassation, the most solemn formation of the court, ruled that a collective decision of SAS shareholders \u00ab ne peut \u00eatre valablement adopt\u00e9e que si elle r\u00e9unit au moins la majorit\u00e9 des voix exprim\u00e9es, toute clause statutaire contraire \u00e9tant r\u00e9put\u00e9e non \u00e9crite \u00bb (<a href=\"https:\/\/www.courdecassation.fr\/decision\/6736f1ccf32a58442a838ba6\">Cass., Full Assembly, 15 November 2024, No. 23-16.670<\/a>). No clause can validly let a resolution pass with fewer votes in favour than the majority of votes cast; such a clause is deemed unwritten. Founders tempted by minority lock-in or veto-proof drafting must respect that floor. Between those two rulings, the SAS remains highly flexible but no longer a zone without rules: procedure matters, and arithmetic matters.<\/p>\n<p>Share transfers complete the comparison. SARL shares (parts sociales) transfer to third parties only with the consent of shareholders holding at least half the capital, a statutory lock that protects the closed character of the company but slows investor entry. SAS shares (actions) transfer under whatever approval clause (clause d&#8217;agr\u00e9ment), inalienability clause or exclusion clause the statuts provide, or with no clause at all. For a foreign founder planning a funding round within eighteen months, that single difference often settles the choice: the SAS accommodates investor-grade transfer mechanics, while the SARL forces a statutory consent round for every new entrant. Tax and social treatment of the director, examined in Part II, usually confirms it.<\/p>\n<h3>B. Branch or subsidiary: when does a foreign company avoid creating a French company?<\/h3>\n<p>A group already incorporated abroad faces a prior question before SAS versus SARL: should it create a French company at all, or simply operate through a local presence? French law offers two such presences, and confusing them is the costliest mistake in this guide. A subsidiary (filiale) is a French company, usually a SAS, owned by the foreign parent; it has its own legal personality, its own Kbis, its own assets and its own liabilities. A branch (succursale, the registered local presence of a foreign company without its own legal personality) is not a company at all; it is the foreign company acting in France under its own name, registered locally but legally inseparable from the head office. Clients see a French address in both cases. Courts do not: the subsidiary answers for its own debts up to its own assets, while the branch binds the foreign parent directly and without limit.<\/p>\n<p>Registration reflects that divide. A subsidiary follows the full company formation circuit described in Part II: statuts, capital deposit, legal notice (annonce l\u00e9gale, the paid publication of the creation in an authorised gazette), one-stop-shop filing and Kbis. A branch files a lighter but still mandatory registration: the foreign company declares its French establishment, proves the existence and powers of the head office with translated and sometimes apostilled documents (the apostille is the international authentication stamp of the Hague Convention), justifies premises in France, and designates a local representative. Both routes require proof of premises from day one, because \u00ab Toute personne morale demandant son immatriculation au registre du commerce et des soci\u00e9t\u00e9s doit justifier de la jouissance du ou des locaux o\u00f9 elle installe, seule ou avec d&#8217;autres, le si\u00e8ge de l&#8217;entreprise, ou, lorsque celui-ci est situ\u00e9 \u00e0 l&#8217;\u00e9tranger, l&#8217;agence, la succursale ou la repr\u00e9sentation \u00e9tablie sur le territoire fran\u00e7ais. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000049876781\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000049876781\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L123-11<\/a>). Domiciliation with an approved provider (domiciliation, the rental of a registered address with mail handling) satisfies this for both, provided the provider is authorised and the contract is filed.<\/p>\n<p>Tax is where branches surprise foreign groups. A branch does not escape French tax simply because it has no French legal personality. Where it amounts to a stable establishment, it files, accounts and pays like a French business. On 15 February 2023 the Commercial Chamber approved enforcement against a foreign company operating through such an establishment, holding that \u00ab Une soci\u00e9t\u00e9 de droit \u00e9tranger est tenue, lorsqu&#8217;elle exerce une activit\u00e9 en France par l&#8217;interm\u00e9diaire d&#8217;un \u00e9tablissement stable, aux obligations r\u00e9sultant des articles 54, 209 et 286, I, 3\u00b0, du code g\u00e9n\u00e9ral des imp\u00f4ts, qui exigent la passation d&#8217;\u00e9critures comptables permettant de justifier des op\u00e9rations imposables en France \u00bb (<a href=\"https:\/\/www.courdecassation.fr\/decision\/63ec8be19dfdee05deff0722\">Cass., Commercial Chamber, 15 February 2023, No. 21-13.288<\/a>). Missed filings then allow the presumption that the company knowingly omitted accounting entries, opening the door to dawn raids and reassessments. The corporate income tax base itself confirms the symmetry: \u00ab sont passibles de l&#8217;imp\u00f4t sur les soci\u00e9t\u00e9s, quel que soit leur objet, les soci\u00e9t\u00e9s anonymes, les soci\u00e9t\u00e9s en commandite par actions, les soci\u00e9t\u00e9s \u00e0 responsabilit\u00e9 limit\u00e9e n&#8217;ayant pas opt\u00e9 pour le r\u00e9gime fiscal des soci\u00e9t\u00e9s de personnes \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000054373514\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000054373514\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">General Tax Code, Article 206, paragraph 1<\/a>), and branches of foreign companies carrying on business in France fall into the same taxable net through the establishment rules. Choosing a branch to save tax is therefore a false economy; the saving, if any, sits in set-up speed and lighter governance, never in exemption.<\/p>\n<p>The decision grid for a group acting from abroad runs as follows. Pick a subsidiary, normally a SAS, when France is a durable market, when local contracts, hiring and borrowing require a French balance sheet, when the parent wants liability contained in France, or when a future sale or fundraising of the French business is plausible; the extra formation cost buys a firewall and a sellable asset. Pick a branch when the mission is short, exploratory or service-based, when contracts can be signed by the head office, when no local borrowing is needed and when the parent accepts direct liability in exchange for speed and simplicity. Never pick a branch by default because it looked quicker on a checklist: every French invoice, every payslip and every tax return still has to be right, and the parent answers for all of it. Groups that hesitate often start with a branch for a one-person representative office and convert to a SAS subsidiary once revenue stabilises; that sequence is lawful, but the conversion is a creation, not a transformation, with a fresh Kbis, fresh contracts and fresh tax elections.<\/p>\n<p>One final boundary matters for individuals. A branch presupposes a foreign company as head office; a human being living abroad cannot open a branch of himself. A freelancer in London or a consultant in New York who wants to bill French clients must either form a French company, usually a SASU, or use an umbrella or secondment structure, each with its own social and tax footprint. Property purchases and personal relocation sit outside this guide: buying a flat in Paris belongs to conveyancing counsel, and moving to France belongs to immigration counsel, not to company counsel.<\/p>\n<h2>II. How Do You Register, Manage and Pay Tax on Your French Vehicle From Abroad?<\/h2>\n<h3>A. How do you register with the one-stop shop, get your Kbis and open the file from abroad?<\/h3>\n<p>Since 1 January 2023 every French business formality runs through a single online portal, the guichet unique (the one-stop shop for business formalities, operated by the INPI). Paper filings at the greffe are gone; the founder uploads statuts, identity documents, proof of address, the legal notice certificate and the capital deposit certificate, and the portal routes the file to the greffe, tax and social bodies. The official service-public procedure lists the exact supporting documents for SAS, SASU, SARL and EURL filings (<a href=\"https:\/\/entreprendre.service-public.fr\/vosdroits\/F35934\">service-public.fr, company registration formalities<\/a>). Registration on the national register itself is universal: \u00ab Il est tenu un registre national des entreprises, auquel s&#8217;immatriculent les entreprises exer\u00e7ant sur le territoire fran\u00e7ais une activit\u00e9 de nature commerciale, artisanale, agricole ou ind\u00e9pendante. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000051315595\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000051315595\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L123-36<\/a>). No Kbis without that registration, no bank account, no hiring and no VAT number without the Kbis.<\/p>\n<p>The ordered sequence from abroad has six steps, and skipping one explains most rejected files. First, draft statuts that fit distance: remote consultation, electronic signature, powers of the president or manager (g\u00e9rant, the statutory manager of a SARL), and decision calendars aligned with the founder&#8217;s travel. Second, fix the registered office (si\u00e8ge social, the legal address of the company): a lease, a domiciliation contract or a properly authorised home-office clause, because the greffe checks occupation before anything else. Third, deposit the share capital with a French bank, a notary (notaire) or the Caisse des d\u00e9p\u00f4ts and collect the deposit certificate; SAS and SARL both allow a symbolic one euro, but banks, landlords and suppliers read capital as seriousness, so founders typically deposit several thousand euros and release the balance after registration. Fourth, publish the legal notice with the exact statutory mentions; a wrong corporate purpose or a misspelled director name bounces the file. Fifth, file on the guichet unique with apostilled and sworn-translated foreign documents where a shareholder or director is a foreign company or a foreign resident; an apostille takes days in some states and weeks in others, so start it before drafting ends. Sixth, collect the Kbis, verify every line the day it arrives, and only then sign commercial contracts, because the company exists against third parties once registered, and errors in the name, capital or director block every later step.<\/p>\n<p>The greffe is not a postbox; it checks substance. The Code provides that \u00ab Il est proc\u00e9d\u00e9 \u00e0 l&#8217;immatriculation de la soci\u00e9t\u00e9 apr\u00e8s v\u00e9rification par le greffier du tribunal comp\u00e9tent de la r\u00e9gularit\u00e9 de sa constitution \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006222359\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006222359\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L210-7<\/a>). Any interested party, and the public prosecutor, can go to court to order regularisation under penalty if mandatory mentions are missing or a formation formality was skipped or mishandled. From abroad, the three classic rejections are a missing or expired proof of premises, an unsigned or undated shareholder list, and a foreign birth certificate or company extract without apostille or sworn translation. Each rejection restarts the clock while the distributor waits, so founders should treat the first filing as the only filing: complete, translated, signed and consistent across every document. Publication in the BODACC (Bulletin officiel des annonces civiles et commerciales, the official gazette where creations are announced) follows automatically once the greffe registers the company.<\/p>\n<p>Two distance traps deserve emphasis. First, identity verification: French banks and some greffes require certified passport copies, proof of address less than three months old, and sometimes a video call or a consular certification for non-resident directors; a tourist snapshot and an expired utility bill fail every time. Second, the beneficial owner declaration (registre des b\u00e9n\u00e9ficiaires effectifs, the RBE register of the humans who ultimately own or control more than 25 percent): it is filed together with the creation on the one-stop shop, and any later change of control must be declared within thirty days. Late or false RBE filings draw criminal-scale fines and freeze banking relationships, so the distant owner should calendar them like tax deadlines. Once the Kbis arrives, open the tax and social accounts immediately: corporate income tax with the SIE (Service des imp\u00f4ts des entreprises, the business tax office), VAT with the same office where applicable, and payroll with the URSSAF (Unions de recouvrement des cotisations de s\u00e9curit\u00e9 sociale et d&#8217;allocations familiales, the agency collecting social contributions) before the first payslip, not after.<\/p>\n<h3>B. Who runs the company, who pays social charges and who pays corporate tax?<\/h3>\n<p>Governance is where distance hurts most, because the founder cannot chair a meeting at short notice in Paris. In a SAS, the only mandatory officer is the president (pr\u00e9sident, the legal representative of the SAS): \u00ab La soci\u00e9t\u00e9 est repr\u00e9sent\u00e9e \u00e0 l&#8217;\u00e9gard des tiers par un pr\u00e9sident d\u00e9sign\u00e9 dans les conditions pr\u00e9vues par les statuts. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006227034\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006227034\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L227-6<\/a>). The same article gives him the widest powers: \u00ab Le pr\u00e9sident est investi des pouvoirs les plus \u00e9tendus pour agir en toute circonstance au nom de la soci\u00e9t\u00e9 dans la limite de l&#8217;objet social. \u00bb The company is even bound by acts beyond the corporate purpose unless it proves the third party knew or could not have been unaware, publication of the statuts alone never sufficing as proof. The statuts may add a general manager (directeur g\u00e9n\u00e9ral), a board or committees, but every extra title must state who can bind the company, because banks and counterparties read only the Kbis and the published powers. In a SARL, management belongs to one or more managers: \u00ab La soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e est g\u00e9r\u00e9e par une ou plusieurs personnes physiques. \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000031013015\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000031013015\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L223-18<\/a>). Managers need not be shareholders, serve for the life of the company unless the statuts say otherwise, and act within powers set by the statuts or, in silence, by statute. A non-resident founder can preside over a SAS or manage a SARL, provided a reachable French address, a responsive accountant and a written delegation chain cover absences.<\/p>\n<p>Removal rules decide many vehicle choices, and here the two companies diverge sharply. In a SARL, statute protects the manager: \u00ab Le g\u00e9rant peut \u00eatre r\u00e9voqu\u00e9 par d\u00e9cision des associ\u00e9s dans les conditions de l&#8217;article L. 223-29 \u00bb (<a href=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006223152\" class=\"kohen-legifrance-popup-link\" data-kohen-legifrance-url=\"https:\/\/www.legifrance.gouv.fr\/codes\/article_lc\/LEGIARTI000006223152\" data-kohen-legifrance-title=\"Texte officiel Legifrance\" target=\"_blank\" rel=\"noopener\">Commercial Code, Article L223-25<\/a>), and \u00ab Si la r\u00e9vocation est d\u00e9cid\u00e9e sans juste motif, elle peut donner lieu \u00e0 des dommages et int\u00e9r\u00eats. \u00bb A majority SARL partner who removes a manager to install himself, or two 50-50 partners in deadlock where one removes the other, should therefore document misconduct, persistent absences or strategic failure before voting; otherwise the removed manager sues for damages and often wins. Courts can also remove a manager for lawful cause at any partner&#8217;s request, which gives a minority partner in a SARL a judicial exit from a blocked or abusive management. A foreign founder who plans to act as manager while holding a minority stake must weigh this exposure before accepting the title.<\/p>\n<p>In a SAS, removal is contractual, which cuts both ways. The Cour de cassation repeats that the statuts set the management rules, including removal. On 9 March 2022 it approved a dismissal without reasons where the statuts required none, holding that \u00ab c&#8217;est \u00e0 bon droit que l&#8217;arr\u00eat d\u00e9cide que la r\u00e9vocation de M. [N] en tant que directeur g\u00e9n\u00e9ral de la soci\u00e9t\u00e9 Hubbard pouvait intervenir sans qu&#8217;il soit n\u00e9cessaire de justifier d&#8217;un juste motif. \u00bb (<a href=\"https:\/\/www.courdecassation.fr\/decision\/6228523a590661fa1d597cc4\">Cass., Commercial Chamber, 9 March 2022, No. 19-25.795<\/a>). On 12 October 2022 it added that extra-statutory acts may complete the statuts but never contradict them on removal terms. On 9 July 2025 it closed the loop: \u00ab Il r\u00e9sulte de ces textes que les statuts de la soci\u00e9t\u00e9 par actions simplifi\u00e9e fixent les conditions dans lesquelles celle-ci est dirig\u00e9e, notamment les modalit\u00e9s de r\u00e9vocation de ses dirigeants. Si une d\u00e9cision des associ\u00e9s peut compl\u00e9ter les statuts sur ce point, elle ne peut y d\u00e9roger, quand bien m\u00eame aurait-elle \u00e9t\u00e9 prise \u00e0 l&#8217;unanimit\u00e9. \u00bb (<a href=\"https:\/\/www.courdecassation.fr\/decision\/686e0293e0a6f0ca1546efca\">Cass., Commercial Chamber, 9 July 2025, No. 24-10.428<\/a>). Read together, the trilogy tells distant founders exactly what to draft: state whether removal needs reasons or is at-will (ad nutum, removable at will), state notice, hearing and severance, and never let a one-off appointment resolution quietly rewrite those terms, even unanimously, because the later resolution cannot override the statuts. A SAS president removed in breach of statutory procedure can have the removal annulled and claim damages; a president removed cleanly under a well-drafted ad nutum clause leaves with what the clause provides, nothing more.<\/p>\n<p>Social charges follow the title, not the passport. The president of a SAS and the minority or equal manager of a SARL fall under the general employee-linked scheme (assimil\u00e9 salari\u00e9) for social protection: they pay contributions on salary through the payroll, accrue the corresponding rights, but draw no unemployment cover as officers. The majority manager of a SARL falls under the self-employed scheme (travailleur non salari\u00e9): lower headline rates on part of the income, but a different health, retirement and daily-allowance architecture, billed directly by the URSSAF outside payroll. A non-resident officer who draws no French salary pays no French social charges on the office itself, but the moment a salary, bonus or director fee (r\u00e9mun\u00e9ration) is paid from France, declarations run through the DSN (d\u00e9claration sociale nominative, the monthly payroll return) and the URSSAF assesses on that base. Founders sometimes ask whether they can invoice France from their foreign company instead of taking salary; that reopens establishment, transfer pricing and payroll-reclassification risk, and the short-term saving rarely survives an audit. Budget the social cost before choosing the title: a SAS president with a 60,000 euro gross salary costs the company roughly 45 percent more in employer charges, while a majority SARL manager on the same drawings pays on a different calendar and base, with cash-flow consequences the accountant must model in advance.<\/p>\n<p>Corporate tax completes the picture. French companies pay corporate income tax (imp\u00f4t sur les soci\u00e9t\u00e9s) on French profits at the standard rate with a reduced SME band on the first slice where conditions are met, file annually and prepay in instalments; branches of foreign companies pay on the profits attributable to the French establishment under the same mechanics. VAT (taxe sur la valeur ajout\u00e9e) registration follows activity, not form: a French company or branch that makes taxable supplies registers, invoices with French VAT, files returns and reclaims input VAT under the same thresholds and the CA3 return cycle as any domestic business. Our companion VAT and corporate tax guides detail rates and calendars; the vehicle point is simpler. Neither the SAS nor the SARL nor the branch escapes French tax on French activity, and none converts French payroll into foreign invoices without consequences. Choose the vehicle for governance, liability and credibility, then comply identically on tax, because the tax office taxes the activity it sees, not the acronym on the Kbis.<\/p>\n<h2>Conclusion<\/h2>\n<p>A foreign founder does not choose between a good and a bad vehicle, but between a tailored suit and a uniform. The SAS, including the one-person SASU, is the tailored suit: the statuts write voting, transfers and removal for a shareholder base that lives abroad, within two judicial guardrails, procedure that can annul a sloppy vote and a majority floor no clause can waive. The SARL, including the one-person EURL, is the uniform: predictable majorities, statutory manager protection with damages for groundless removal, and consent-locked transfers that suit small stable ventures but slow investors. The branch is not a company at all: fast to open, taxed like a company where it is established, and binding the foreign parent without limit, it fits short missions and fails durable ones, where a subsidiary SAS contains risk and builds a sellable French asset. Register through the one-stop shop with premises proved, capital deposited, notice published and foreign papers apostilled and translated; staff the presidency or management for absence; budget social charges by title; and pay French tax on French activity whatever the letterhead. Drafted this way from abroad, the French company stops being an administrative gamble and becomes what it should be: a controlled, bankable and auditable platform for the French market.<\/p>\n<h2>Need a quick opinion on your case<\/h2>\n<p>Tell us whether a SAS, a SARL, a branch or a subsidiary fits your French project before you sign statuts or a lease. Our firm holds a telephone consultation within 48 hours with a lawyer of the firm. Telephone consultation: 80 EUR including VAT. Call <a href=\"tel:+33646605822\">+33 6 46 60 58 22<\/a> or write via our <a href=\"https:\/\/kohenavocats.fr\/formulaire-de-contact\/\">contact page<\/a> with your draft statuts, your proof of address and the decision you need to take.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAS, SARL, branch or subsidiary? 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