Yes, all founders can be paid. Once the company has sufficient funds, a simple decision in General Meeting will be sufficient. This is unusual in the first few months. The important thing is to reinvest all the profits in the company but you are free to give a remuneration if necessary to all or part of the company's directors.
Articles in this section
- About our partnership with French cooperative bank Crédit Mutuel
- Our partnership with iBanFirst
- Do I need a bank to incorporate with madeinlaw.com?
- Is iBanFirst secured?
- Can a director receive a financial compensation for his legal mandate?
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- Do I have to pay taxes if my business doesn’t have any revenues and does not pay salaries?
- How do I open my online current account?
- What is the difference between an IBAN payment account and a standard bank account?
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