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Relocate your UK Company to France after Brexit

Updated on Sunday 28th February 2021

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Relocate-your-UK-Company-to-France-after-Brexit.jpgGiven that the United Kingdom (UK) is no longer a part of the European Union (EU), numerous UK based businesses and foreign companies operating in the UK have decided to stop their operations in the UK and relocate to another EU country. The decision is mainly influenced by the new procedures imposed when trading between the EU and the UK, but also on the tax consequences applicable to companies. 
 
Thus, if you want to relocate your UK company to France after Brexit, you can always rely on our team of consultants for in-depth legal representation. Our team of specialists in company formation in France can help you understand the process of relocating a business and can help you navigate through the incorporation procedures applied under the French commercial laws. We can also advise on international removals from UK to France
 

How can investors relocate a UK business to France?

 
Regardless if you are a UK tax resident who has set up a business in the UK or if you are a foreign investor who has started a business in the UK, you must follow the same legal procedure if you are interested to relocate your UK company to France after Brexit
 
The first step is to close your business operations and formally close the legal entity under which your UK company operates. This implies that you will inform all the institutions regulating the activity of your business and that you will wait for the issuance of various documents that will legally confirm that the company is no longer active in the UK
 
After this, you will be able to open a company in France following the national incorporation steps. You must know that France and the UK follow the same corporate rules in most of the cases and, as a general rule, you will be able to find in France the same company types that are available for registration in the UK. This means that you will be able to register the same company type that you used when developing a business activity in the UK, if this is something that is of interest for you when investing in France
 
From a legal point of view, our team of consultants in company registration in France can represent you in all the steps, such as registering the legal entity with the local institutions, obtaining the business permits, licenses and approvals that might be necessary for you business sector and so on. If you have various corporate assets that you want to relocate from the UK – such as office furniture, technical devices and equipment, you can also send an inquiry to us for international removals from UK to France
 
The service for international removals from UK to France can also be requested if you want to relocate with you family and bring in France various household items, from furniture to more delicate items. Depending on the type of good that is relocated, you can request storage services as well.  
 

Why start a business in France?

 
France is one of the leading economies in Europe. There are several EU countries that provide the most attractive advantages for investing as a foreign businessman, but France has its own particularities, related to the quality of its infrastructure, the number of foreign companies already operating here, the quality of the workforce and others. If you want to open a company in France, some of its highlights are the following: 
 
  • foreign companies are well represented in France – the country has more than 28,000 foreign companies, with 21 new foreign companies entering the French market each week (in 2017);
  • France is a leading global power – it stands as the 7th largest global economy, with a GDP of $2,762 billion (in 2019);
  • according to the Ministry of Foreign Affairs, France is a leading economy in the startup industry, accounting for 691,000 startup businesses in 2018;
  • one of the reasons to relocate your UK company to France after Brexit is the duration of the incorporation process (in France, it takes 3.5 days, while in the UK, it takes 4.5 days);
  • France invests 5% of the GDP in the education of its population, which resulted in one of the most qualified workforce. 
 
Another compelling reason for which why you can easily start the process of company formation in France is that foreigners can easily set up a business here and, more importantly, foreign investors can appoint foreign directors as well, as there aren’t any restrictions with regards to the nationality or the residency of the director, as it is the case of other countries. 
 
If you need further information on the process of company formation in France, we invite you to contact our team of consultants. You can also address to us if you need advice on international removals from UK to France or any other information with regards to relocating a business in this country. 
 

Meet us in Paris

Call us now at +33 9 73 22 01 51 to set up an appointment with our lawyers in Paris, France. Alternatively you can incorporate your company without traveling to France.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in France.

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Starting a company in France can be difficult since it involves such complex procedures. The team from CompanyFormationFrance is very qualified and benefits from extensive expertise in this area.
Mihai Cuc, Partner of
Enescu & Cuc Law Firm
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