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A. STRUCTURE INFORMATION
- Registration: Notarized registration
- Type of Company: Limited Liability Company (SOPARFI)
- Legislative Source: Civil Law, Commercial Companies Act 1915. Holding and business company
- Authorised suffixes: Ltd, PLC, AG
- Duration of incorporation: 3 to 8 open days
B. TAX
- Tax on profits: 30,38%
- Capital gains on yielded subsidiary securities: Exemption of capital gains on investments held in other companies to a minimum value of 10% (or 6M€) and for a duration of 12 months.
- Retained at source for dividends/interestsroyalties paid by the company: Exemption of tax deduction at source on dividends paid to an EU company which has held at least 10% of the company for at least 1 year Reduced tax deduction at source (see conventions) on dividends paid to a non-EU company
- Taxation of royalties received by the company: Exemption of dividends received if participation is greater than 10% (or 1.2 M€) and they have been held without interruption for 12 months
- Fiscal convention : More than 30 fiscal conventions exist, with more than ten currently being studied
C.
LEGAL CHARACTERISTICS
- Number of directors: Minimum of 3 administrators
- Company requiring director: Yes, but not recommended
- Director local resident: No
- Secretary required: No
- Company requiring secretary: Not applicable
- Secretary local resident: Not applicable
- Minimum number of shareholders: 2
- Standard Issued capital: 31,000 € minimum, with at least a quarter released
- Bearer shares possible: Yes
- Type of shares: Nominative or to the bearer if the capital is integrally released
D.
MANDATORY LOCAL REPRESENTATION
- Local head office: Required by law
E.
STATUTORY AND BENEFICIARY INFORMATION
- Public information: Statutes, administrators
- Disclosure of economic beneficiaries: No
- Information on statutory modifications: Yes
F.
ACCOUNTING AND ANNUAL ACCOUNTS
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