Doing business in France

Opening a SAS in France as a foreign company: the practical steps

By David JianPublished Feb 12, 2026Updated Aug 10, 20262 min read
Opening a SAS in France as a foreign company: the practical steps

Why foreign groups pick the SAS

Most foreign-owned companies in France incorporate a SAS (société par actions simplifiée). It is flexible on governance, works cleanly with a corporate shareholder, and its president can be a foreign company represented by an individual. That combination is exactly what a Dutch holding or a US parent needs, which is why the SAS has become the default for international setups.

The alternative, the SARL, is more rigid and tends to suit smaller, owner-managed businesses. A branch is lighter to open but leaves the foreign parent exposed to French liabilities, so it rarely wins once the activity is real.

What the incorporation file contains

A foreign company registers a French entity through the Guichet Unique run by INPI, France’s single national registry. The file brings together:

  • the company statutes, drafted for a non-resident shareholder;
  • proof of a registered office (a lease, a domiciliation contract or a registered-office service);
  • a deposit of the share capital on a blocked French bank account;
  • identification of the directors and the beneficial owners;
  • a legal announcement in an authorised journal.

Once the file is complete, registration itself is fast. Where foreign founders lose weeks is upstream.

Where the delays really come from

Three points, in order of how often they slow a setup down:

  1. Certified translations. Parent-company documents, IDs and corporate resolutions often need a sworn translation into French.
  2. The bank account. A French bank must open the account and receive the capital deposit before registration. For a non-resident shareholder, the compliance review takes time.
  3. The statutes. Getting the governance right for a corporate, non-resident shareholder avoids a rejected file and a second round.

Expect a few weeks from a complete file to a registered company in most standard cases, and longer if the bank account or the parent-company paperwork drags.

What comes right after registration

Registration is the start, not the finish. In the first weeks a new SAS also needs to set up its accounting under French GAAP, register for VAT, and, if it hires, register as an employer and run compliant French payroll. Handling those in parallel, with one contact, is what keeps a foreign setup from stalling.

Key takeaways

  • The SAS works cleanly with a corporate shareholder and its president can be a foreign company.
  • Incorporation goes through the Guichet Unique run by INPI, France's single national registry.
  • The real delay is upstream: certified translations and opening a French bank account to deposit the capital.
  • There is no legal minimum capital, but the amount signals substance to banks and partners.

Frequently asked questions

Can a foreign company be the sole shareholder of a French SAS?

Yes. A SAS can have a single shareholder (it is then a SASU), and that shareholder can be a foreign company. The foreign parent can also be named president of the SAS, represented by an individual.

Is there a minimum share capital for a SAS?

No legal minimum applies, one euro is technically enough. In practice, a realistic capital helps open the bank account and reassures partners, so most foreign groups set a few thousand to a few tens of thousands of euros.

How long does it take to register a SAS?

Once the file is complete, registration through the Guichet Unique is quick, often a few days. Plan for a few weeks overall, because certifying documents and opening the French bank account to deposit the capital usually take longer than the registration itself.

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David Jian

David Jian

Partner · Chartered Accountant

David Jian is a partner at Keypoint International, a chartered accountant and Canadian CPA. He advises international groups on setting up and running their operations in France, drawing on senior roles at PwC and Deloitte and management experience across Asia, the Americas and Europe.

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