Investors interested in new business opportunities in France can choose agriculture or, better said, one of its many branches. From raising cattle to growing various crops or dairy farms for which France is famous all over the world to starting a forestry business, one will find plenty of options to choose from. It is also useful to know that France has close to 30 national forests.
If you want to create a business which will operate in the forestry sector in France, you will need to respect a few laws related to the exploitation of forests, the most important of them being the Forest Code and the National Forestry Regime. Our company registration consultants in France can advise in relation to these laws.
The Company Act is the main law providing for company formation in France. The same law applies to businessmen starting forestry companies in France. These must select a type of structure and register it with the Commercial Registrar prior to starting operating. They must take into account the share capital requirements related to the type of company they will register and have the memorandum and articles of association prepared and filed with Trade Register, followed by the registration for tax, VAT and employment purposes.
Foreign investors can rely on our company registration services if they want to open a company in forestry in France.
In 1956 France issued the Disposition of National Forests which stipulates that the woods are owned by the State and cannot purchased by foreign citizens. However, in 2006 the law was amended and foreign investors opening French companies with the purpose of processing wood products can purchase up to 150 hectares of forest. According to the French Forest Code, companies may exploit national wood only after receiving an approval from the National Forest Office.
Forestry companies in France must also pay attention to the procedures related to the sale of wood products. According to the Forestry Regime, these can be sold by auction, tender or supply contracts.
For assistance in starting a business in the forestry sector, please contact our French company formation advisors.