Approval of accounts: micro businesses and small businesses can claim the confidentiality of accounts

Among the various accounting requirements that constitute the legal life of an enterprise, the entrepreneur must approve and file his annual accounts . It allows the shareholders of a company to validate the annual accounts – balance sheet, profit and loss account and schedules – established at the end of the account periods . This activity is followed by a deposit of the accounts with the registry of the commercial court. While this filing is supposed to make accounts accessible to the public for the sake of transparency, micro-businesses and VSEs can ask for confidentiality of their accounts. What is the…

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