Juridical Aspects

, Share

This is a description of the different types of start-ups that can be created:

Limited-liability one-man business (EURL)

Key assets

• Simple (1 partner) and limited costs
• Tax transparency possible

Managers: 1 manager who is a partner or not

Minimum capital: 7,500 €
Partners / shareholders: only 1
Blocking minority: None
Liability of partners or shareholders: Limited to contributions
Tax regime: Corporate tax or income tax

Limited-liability company (SARL)

Key assets: Simple to set up and operate for a closed structure

Managers: 1 or several partners, who may be partners or not

Minimum capital: 7,500 €
Partners / shareholders: 2 to 50
Blocking minority: 1/4 of the shares + 1
Liability of partners or shareholders: Limited to contributions
Tax regime: Corporate tax

Limited company (SA)

Key assets

• Structured for "monitored delegation"
• Organization of the capital

Managers

• 3 directors minimum including the Chairman, or
• 1 board of directors and 1 supervisory board

Minimum capital: 37,000 €

Partners / shareholders
: 7 minimum
Blocking minority: 1/3 of the shares + 1
Liability of partners or shareholders: Limited to contributions
Tax regime: Corporate tax

Partnership limited by shares

Key assets

• Structured for a high degree of delegation
• Organization of the capital

Managers: 1 or several managers who may be partners or not

Minimum capital: 37,000 €

Partners / shareholders: 1 partner plus 3 silent partners minimum
Liability of partners or shareholders :

• Partners: Undetermined and joint liability
• Silent partners: Limited to contributions

Tax regime :Corporate tax

Simplified joint-stock company (SAS)

Key assets

• Great freedom
• 1 partner minimum
• statutory arrangements possible

Managers: 1 Chairman (possibility to provide for a board which he heads)

Minimum capital: 37,000 €

Partners / shareholders: 1 minimum, natural person or legal entity
Blocking minority: Statutory freedom
Liability of partners or shareholders: Limited to contributions

Tax regime: Corporate tax