The “Pacte” Act no. 2019-486 has entered into force on January 1st, 2020. It brings minor modifications on French corporate law, but also impacts entrepreneurs and investors since:
- A single platform will be available online for all corporate legal formalities;
- Public researchers will be given the opportunity to work in the private sector. In such case, patents created in the course of this collaboration will be owned by the private entity;
- In some strategic industries, foreigners have to apply for a prior authorization procedure. The Pacte Act widely broadens the scope of this procedure.