Search icone
Search and publish your papers

Stock options: "Warrants for shares of entrepreneurs" (BCE)

Or download with : a doc exchange

About the author


About the document

Published date
documents in English
2 pages
0 times
Validated by
0 Comment
Rate this document
  1. Conditions
  2. Issuance
  3. Beneficiaries
  4. Tax Regime
  5. Contractual undertaking

The "BCE" or the bons de créateurs d'entreprises is business founders' subscription certificates that offer a variety of stock options. They consist of nontransferable certificates that give their beneficiaries the right to subscribe to securities representing a portion of the company's capital, at a fixed price. They have the benefit of tax facilities. The general conditions laid down for availing the benefits are: It must be a limited liability company, a simplified limited liability company or a specific type of company with two categories of shareholders. The company issuing the BCEs must be incorporated for less than 15 years and must be a new company, not the result of a merger, a restructuration, or an acquisition. The company must be taxpayer of the corporation tax in France and the capital of the company must be held directly and permanently, for at least 25%, by physical persons, or legal entity held by physical persons.

Recent documents in business law category

General legal aspect relating to businesses

 Law & contracts   |  Business   |  Worksheets   |  10/14/2015   |   .doc   |   2 pages

The Legal, Ethical, and Technological Concerns in Investments

 Law & contracts   |  Business   |  Case study   |  03/30/2015   |   .doc   |   2 pages