The stone is a safe investment, because in one way or another, your project will become profitable even though it may take several years. However, the problems encountered do not grow and do not encourage still invest in this area. Thus the law to facilitate real estate investment has been created at the location of individuals, a mode of acquisition and sale through a property investment partnership.
The procedure for creating a SCIV or CICS is open and simplified in many ways:
· Easy access, SCI may be composed of either natural or legal persons. One interesting possibility because it opens easily access the composition of an internationalHowever, the activity of the company must be limited to non-commercial activities and construction of properties held for resale only. Where appropriate, the shape of the SCI must be adapted to what the partners want to do.
· Rules on capital simplified: the meeting of the capital of SCI is extremely simplified to allow the proliferation of this type of structure. Creation is such not subject to the full release of capital. This release can be done progressively during the life.
The amount of capital is set at an amount determined. There is no minimum capital.
· One of the benefits of ICS is that it allows everyone involved to have a separate taxation. The corporate tax is abandoned in favor of the perception of the net profits of each, based on the payment of income tax of each partner. This allows fair treatment irrespective of situation.
· Invest in a SCI does not commit the partners to hire staffIndeed, all activities of the company can be set by the partners themselves. This allows the group to get rid of possible payroll.
The operation of the SCI can therefore be seen as flexibleIn addition, the operation meets only a few relatively simple requirements: the presence of a manager or more and a General Assembly representing the shareholders.
The rules on company law apply in respect of the shares, dissolution and all activities associated with the existence of a company.
· During the assembly phase, the necessary legal steps to traditional societies may be disregardedIn particular, the use of a notary or a lawyer is optional.
The use of a notary is required only if a partner makes a contribution in kind of such land or building. The SCI is subject to the provisions of lawAlso during this stage, the status of the SCI can be written by private deedWhich greatly facilitates the process of creating. However, the formalities of registration and registration with the RCS must be met
· The creation process can also be done for some time online. Registration with the Commercial Courts may be relieved by the use of Internet. Solution that also facilitates the creation by eliminating the need to move. |
