Completing all the formalities for starting a company can take some time , and founders should be aware of this. If the steps are not properly anticipated, the consequences can be detrimental, as this could delay the start date of the activity.
The time for drafting the statutes is very uncertain
The most important step in the creation of a company is the drafting of its statutes . The level of complexity and the duration to be expected will depend on these parameters:
How many participants are there?
What are the specificities of the project?
Who drafts the articles of association?
When a business creator creates a company on his own, he can very well write his articles of association in one day . Starting from a model, it will be enough for him simply to integrate the information of his project and to sign it.
In the context of companies with several partners, the process will be longer, especially when a professional is responsible for drafting the articles of association. Here it usually takes several weeks .
The deposit of cash contributions can be done quickly
In the presence of contributions in cash (contributions of money), it is mandatory to obtain a certificate from the establishment that receives the funds from the partners. The time required to obtain the certificate of deposit of funds will be largely linked to the speed at which the banker will take charge of the process. If the banker is responsive, it can be done in a week .
To save time at this level, you can notify your banker in advance and pay the contributions released quickly if you have already agreed with your associates on the amounts.
It is also possible to quickly obtain the certificate by making the capital deposit through an online service (most online banks and neo-banks offer this type of service). In this case, the certificate is provided within a few days . This delay is explained in particular by the time which is necessary for the funds of the partners to arrive in the blocked account.
The complexity of the contribution auditor's mission will depend on the nature of the asset to be valued and its importance. This will determine the expected duration of his assignment. When contributions in kind which must be the subject of an intervention by a contribution auditor are planned, the transaction must be anticipated as much as possible so as not to find yourself blocked.
How long does it take to get the K-bis extract?
Once the registration application is sent to the registry, it takes approximately a good week to obtain the K-bis extract. The delay will depend essentially on the number of files awaiting treatment at the level of the registry. At this level, there is therefore no room for maneuver.
On the other hand, if the file contains errors or documents are missing, it will waste time (until the situation is regularized and validated).Online business creation services , particularly suitable for projects without legal complexity, can allow business creators to save time in the process of setting up their company.
First of all, the founders will be dependent on its availability to move forward. Then, several meetings may first be necessary to frame the broad outlines of the functioning of the company. Finally, it will be necessary to plan several round trips on the draft statutes, until everyone agrees on their content.
You must be logged in to post a comment.