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The SASU is the French name for the Simplified Joint Stock Company. Basically, it is a SAS, but with only one partner. The number of SASUs has been increasing as of late, because it has interesting characteristic for a business creator who wants to be alone in his business. In 2016, SASU accounted for 67% of new single-member companies.
The EURL is the French name for a Sole Proprietorship With Limited Liability. Basically, it is a SARL, but with only a single partner. It is therefore subject to the same rules as a conventional SARL, except for the changes made necessary by the presence of a single partner.
The structure of an SA (The French equivalent of the Public Limited Company) can vary, but generally, it is directed by a board of directors, a chairman (who is a member of the board), and a manger if necessary. As such, your social coverage depends on your role in the company.
Do you want to get a bank to grant you a loan for your business creation project? In France, regulation can make banks very reluctant to grant loans, so that can be very difficult without any help. Thankfully though, in these cases, guarantee institutions can be life-savers.
Business angels are the best private investors of French start-ups. This is one of the pieces of information one can get from reading the latest study of the French incubator Belle de Mai. However, public funding in France is proving to be very effective.
It’s very important for small companies to get their clients to pay them, even when it’s small amounts of money. Indeed, it’s common for companies to struggle because of a lack of cash!
Most entrepreneurs will want to contact investors to be able to get their company going. However, these investors are very unlikely to assist in any way if they don’t find the company trustworthy.
The ACCRE, which stands for “l’Aide au Chômeur Créateur ou Repreneur d’Entreprise” (Aid for the unemployed company creator) is a device set up by the French government, to help the unemployed create a company.
In 2016, the French government introduced the concept of “compte PME innovation” (SME innovation account). This is a device meant to encourage innovation among small companies.
French flat tax On January 1st 2018, taxation on capital in France was subject to a number of changes. But what exactly is this new “flat
