Why change your company’s legal form?
Welcoming investors, gaining flexibility in the articles, changing the director’s social security status, preparing a transfer: converting an SARL into an SAS is a common step.
When is an auditor required?
For some transformations, such as an SARL becoming an SAS, when the company does not already have a statutory auditor.
What does the report cover?
The value of the assets and any special benefits, to protect shareholders and third parties.
Other consequences
The company keeps its legal personality, contracts, employees and registration number; its articles and some governance rules change.
Our approach
- First meeting Project, timetable, documents available.
- Engagement letter Scope, timetable and fees, after independence checks.
- Work and report Issued in time for the shareholders’ decision.
Frequently asked questions
Does the transformation create a new company?
No. The company keeps its legal personality, contracts, employees and registration number.
Is a transformation auditor always required?
No: it depends on the original and new forms and on whether the company already has a statutory auditor. We check your case.
Does the transformation have tax consequences?
In principle, a change of form without creating a new legal entity has limited tax consequences, but some situations need checking, notably a change of tax regime.
Can the transformation auditor be my accountant?
No. Independence rules prevent it.
When should the transformation auditor be appointed?
Early, before the partners’ decision: the report must be available to them ahead of the meeting. Include it in the timetable you prepare with your lawyer.