Statutory auditors (Commissaires aux Comptes) are required for most types of companies, even though only SAs (LCs) will have to appoint auditors anyway. Statutory auditors are appointed for six years by law.
For simplified LCs (SAS), the designation of a statutory auditor is mandatory for an SAS exceeding two of the following thresholds at the close of a financial year:
For LLPs (SARL) an auditor must be appointed if 2 of the following thresholds are met:
A second statutory auditor must be appointed when the company must file consolidated accounts by law.