Since French Corporate Law is based on the French civil law system, a number of areas of French codified law and French case law will often result in ramifications which may be very different from those to which people are accustomed in common law systems.
Often the length of contractual documents, drafted subject to French corporate law provisions, tends to be considerably shorter than comparable agreements prepared under the common law system. This is explained by the fact that a French contract often contains references to articles of the French Civil Code and/or the French Commercial Code.
It is important to note that French codified law is not set in stone and the statutes therein are susceptible to constant change both in content and interpretation. Therefore, it is vital to ensure the latest edition for the current year is consulted when relying on the provisions contained in one of the French Codes.
For further information on any area of French Corporate Law visit our website.
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