To found a company in France, companies must put a capital down. When the founding capital is paid, company receives capital deposit certificate. You will then bring your certificate to the chamber of commerce, to initiate the registration of your company. The amount you need to deposit depends on your company’s legal status, and activity.
Have you already registered your company?
If you have already registered your company, and you have your KBIS and SIRET, you do not need to do capital deposit with Finom, you can just begin the normal account opening process.
How do I know if I’m eligible?
You must be registering a company in France
All Beneficial Owners must have European nationality or proof of residency in France
All the beneficiaries must be natural persons
You must have a fixed capital
What is the process?
Start the Finom bank account onboarding process, and confirm that you need Capital Deposit. When you’ve completed your application, we’ll begin reviewing your documents. Should anything be missing, we’ll contact you within 1 business day. At this point, you should send your Capital Deposit funds to our partner Notary. The fee for the capital deposit is also charged at this stage (payment made through Stripe)
We will then send your documents to our partner Notary, who will prepare your capital deposit certificate. After the notary has received all funds for your deposit, the Notary will take 2 business days to provide your certificate. When the Notary has provided your certificate, you will be able to download it directly from your Finom profile.
Upon receipt of your signed and stamped certificate of deposit, you must submit it to the registry of the commercial court. You can do this directly online, or alternatively you can present it in person to the commercial court in your area. When your company is registered, you will receive your official registration document “KBIS” and your registration number “SIRET”.
When your company is officially registered, you need to return to your Finom account and continue with the bank account opening process.
After your bank account application is approved, your Finom account will be opened. We will then request the notary transfer the funds to your opened Finom account. Your money will be deposited within 5 business days of your account being opened.
Do I have to deposit my entire share capital?
No, you do not have to deposit your entire share capital to set up your company.
In SARL: the partners are required to pay up to at least 20% of their cash contributions at the time of incorporation.
In SAS: the partners are required to pay up to at least half of their cash contributions on incorporation.
In SA: the shareholders are required to pay up to at least half of their cash contributions upon incorporation.
In SNC: the modalities related to the partial payment of the capital are fixed in the articles of association
Can I make my capital deposit with a fixed and variable capital?
You can only deposit your capital if it is fixed. Unfortunately, FINOM does not accept variable share capital.
What proof of address is accepted?
Please note that we accept the following documents as proof of address:
last tax return (date of issue must not be older than 3 months)
This document must be not be handwritten and contain the following information:
The date of issue, which must not be more than 3 months old
Unpaid bills are not accepted
How long does it take to get my certificate signed by the notary?
Upon receipt of your funds and validation of your documents, you will receive the certificate of deposit signed and stamped by our notary within 48 hours.
How long does it take to get my capital deposit back on my FINOM account?
Upon opening your business bank account, we will send your new FINOM RIB and KBIS to our notary who will return your share capital within 5 working days.