How much does it cost to create a SAS company?
As future SAS partners, it's crucial to anticipate the administrative costs involved in establishing your company. Not only should you budget for the initial creation costs, but also for the annual operating expenses.
Are you considering setting up an SAS (Société par Actions Simplifiée) company? As future SAS partners, it's crucial to anticipate the administrative costs involved in establishing your company. Not only should you budget for the initial creation costs, but also for the annual operating expenses.
To help you gain clarity, we provide a detailed overview of the main costs involved in creating an SAS.
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Table of Contents
- Essential Costs for Creating an SAS
- Costs for Drafting SAS Articles of Association
- Investing in SAS Share Capital
- Legal Announcement Costs
- Registration Fees
- Other Anticipated Costs for Creating an SAS
- Trademark Registration Costs
- Company Address Registration Costs
- Bank Fees
- Total Cost of Creating an SAS
1. Essential Costs for Creating an SAS
Costs for Drafting SAS Articles of Association
One of the first steps in creating an SAS is drafting the company's articles of association. SAS partners have considerable freedom in organizing their company’s operations within these articles. Although drafting the articles is free, it must be done carefully to avoid costly amendments later. Here are the different ways to draft the articles and their respective costs:
Drafting the Articles Yourself
If you wish to save on the creation costs, you can draft the articles yourself. Free SAS articles templates are available. However, due to the complexity of legal requirements for certain clauses, it is advisable to seek professional assistance to avoid potential disputes.
Seeking Help from a Lawyer, Notary, or Accountant
You can also opt for professional help from a lawyer, notary, or accountant to draft the articles, which typically costs between €1,500 and €2,500.
Using Micco Online Platform
If the cost of professional assistance is too high, you can use online platforms like Micco to generate the necessary documents. This option significantly reduces drafting costs.
Investing in SAS Share Capital
Currently, there is no minimum share capital requirement for an SAS, meaning the capital can be as low as €1. However, investing more can enhance your company’s credibility with third parties and potential investors. For projects with high growth potential, this is particularly important.
If in-kind contributions are involved, you may need to appoint an asset appraiser, with fees ranging from €500 to €3,000 depending on the complexity of the evaluation.
Legal Announcement Costs
Another creation cost is publishing a legal announcement in a newspaper. This usually costs around €197, and in certain regions (e.g., Réunion and Mayotte), it costs €231.
Registration Fees
Registration fees vary depending on the business activity:
- Commercial activity: €37.45 (incl. VAT)
- Craft activity: In addition to the €37.45 registration fee, you must pay a €15 CMA (Chamber of Trades and Crafts) registration fee, plus any additional CMA fees ranging from €100 to €200.
Additionally, you must pay €21.41 (incl. VAT) for the registration of beneficial owners.
2. Other Anticipated Costs for Creating an SAS
Beyond the creation costs, consider other expenses such as trademark registration and company address registration.
Trademark Registration Costs
Registering a trademark with the INPI (National Institute of Industrial Property) costs €190, with an additional €40 for each extra class of products or services.
Company Address Registration Costs
You have several options for registering your company’s address, such as the legal representative's residence, a business incubator, or a specialized domiciliation company. Costs are as follows:
- Legal representative’s residence: Free
- Business incubator: €200 to €400
- Domiciliation company: €15 to €300
- Commercial premises: Costs vary depending on the location and whether you rent or own. In Île-de-France, the average rent exceeds €1,500 per month.
Bank Fees
Setting up an SAS requires opening a business bank account. Banks charge account opening fees and initial capital deposit fees. To reduce creation costs, it is advisable to consult several banks and compare offers.
3. Total Cost of Creating an SAS
Here is an overview of the total costs for creating an SAS:
When creating an SAS, understanding and budgeting for all related costs is essential. Through careful financial planning, you can ensure your company is successfully established and operates smoothly. We hope this guide provides you with valuable insights.
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Whether you're a freelancer, startup, or established enterprise, Micco offers the tools and support needed to streamline financial operations and drive business growth. Check out Micco today to discover how it can complement your business banking needs.
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