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French Company Formation
Although it has a high corporate tax rate for trading income, 34%, France´s prestigious status can be used without the high tax expense, as a dormant company to:
Purchase and hold brand names
Act as a parent company of a foreign representative office
Requirements:
- Minimum share capital for a dormant company of â¬2
- One director required
- One shareholder required
- No personal visit required to French formation agent if company will be dormant and no French bank account is opened