CContrary to what some people think, this process can be done at a lower cost if you have the right information. Find out here the steps to follow to start a business at a lower cost.
Drafting articles of association using an online legal platform
One of the fundamental steps in the business creation process is that of drafting the legal statutes. The legal statutes are a document governing the organization of the life of a company according to the legal status chosen. Whether you have opted for a public limited company or for a sole proprietorship, this document must include a certain number of elements such as:
- The corporate purpose or the activity envisaged for the company;
- The amount and distribution of the share capital;
- The number, name and address of each partner;
- The place of residence of the company;
- The rules for appointing the manager of the company.
For the drafting of the legal statutes of their company, many entrepreneurs prefer to use an online legal service. Indeed, with an online legal platform, you can delegate all the steps to create your business. This type of platform also helps you save on the fees of certain professionals, in particular those of a lawyer.
Nevertheless, using an online legal platform can present a risk if you do not take certain aspects into account. Among the criteria to consider when choosing an online legal service is the cost of the service. It should be noted that an affordable cost is not always a guarantee of quality service.
To choose the online legal platform, you can also take into account the download format used for your statutes. Some platforms give you the option of getting an editable version of the document. Besides, notoriety and user reviews must enter the line of sight for the choice.
Domiciling your business
The other important step to take before setting up your business is the domiciliation. Compulsory, the domiciliation of the company consists in assigning it a postal address. Thanks to this address, your suppliers, your customers and the administration can communicate with your company. For this direct debit, several possibilities are available to you.
The domiciliation of the company in a domiciliation company
Some entrepreneurs choose to domicile their business with a domiciliation company, Kandbaz For example. This type of company provides you with an often prestigious address so that you can declare your registered office there. In addition to this service, you can take advantage of several other services when you use a direct debit company, in particular:
- A mail management service
- A telephone reception service
- A legal assistance service by telephone
- Access to meeting rooms or workspaces
- Access to office equipment.
For the choice of your domiciliation company, make sure that it is subject to prefectural approval. Similarly, you should favor companies that are registered in the trade and companies register. In addition, to avoid any misunderstanding, you must sign a domiciliation contract with the firm chosen for the domiciliation of your company.
The domiciliation of the company in a commercial premises
You can choose to set up your business in commercial premises. For this type of domiciliation, you can opt for the purchase of commercial premises or the signing of a commercial lease contract. Some entrepreneurs also choose the option of lease-management of a business.
Like the domiciliation in a specialized company, you must take into account certain elements for this domiciliation option. For example, you must choose the location and type of commercial premises carefully. Professionals recommend choosing an accessible room. In addition, it is wise that the chosen address allows your company to increase its visibility and notoriety.
The domiciliation of the company with the director
You also have the option of having your business domiciled in your personal home. However, this direct debit option is subject to certain conditions. On the one hand, you must be the director of the company and own the place of residence to be used. Likewise, the accommodation to be used must be your principal residence.
If you are not the owner of the accommodation, you must ensure that the co-ownership rules, the residential lease and the town planning rules do not preclude the domiciliation. Otherwise, you must send a LRAR to the owners of the premises to inform them. Similarly, you have the obligation to specify the temporary nature of the domiciliation when setting up the business.
It should be specified that the term of domiciliation is limited to 5 years from the registration of the company. At the end of this period, you must transfer your registered office by modifying the company’s articles of association. However, in the case of a sole proprietorship and when you exercise your activity outside, you are not required to respect any time limit.
Open a pro account in an online bank to deposit your capital
The deposit of social capital is also a key step in the business creation process. It consists for the partners in depositing a cash contribution with a custodian. At the end of the process, you get a certificate of deposit of funds. It should be remembered that this document is a prerequisite for the application for registration with the court registry for the constitution of your file.
You can make the capital deposit directly online through a bank account. To open the professional account, necessary for this process, it is essential to compare pro banks online. This will allow you to find the institution that will help you choose the best bank for your business creation.
To open the bank account and deposit your capital, you need to provide some supporting documents. These include your proof of identity and residence. You must also accompany the request to initiate the transfer of your share capital. Also, to open your account, you need to fill out an online form.
