MAKE THE RIGHT CHOICE.......
Firstly, to become self-employed in France you must choose the legal structure under which your business will operate. This choice is important because it will affect your social security coverage. Take a look below at how each legal structure is defined:
Entreprise individuelle (one-person business) - Most common type of small business structure (also called entreprise en nom propre or entreprise en nom personnel)
- No capital contribution required
- No distinction between business assets and private assets
EURL - Entreprise
uni-personnelle a responsabilité limitée (limited company under sole
ownership, limited liability company under sole ownership)
- Can be established with any amount of capital from €1
- Manager (gérant)/sole partner
- Non-managing sole partner working for the EURL
- Non-partner salaried manager
SARL - Société à responsabilité limitée (limited liability company)
- Non-partner salaried manager Limited company with at least two partners whose liability is limited to the amount of their capital
contribution
- Can be established with any amount of
capital from €1
- Manager holding a controlling interest
- Manager belonging to a board of managers with a controlling interest
- Non-managing partner holding a controlling interest and doing a paid job with
in the company
- Salaried manager holding an equal or minority interest
- Salaried manager belonging to a board of managers with an equal or minority
interest
- Salaried partner holding a minority interest
SELARL - Société
d’exercice libéral à responsabilité limitée (limited liability company of
regulated professionals)
- Limited company composed of members of the regulated
professions
- Requires at least two partners, whose liability is limited to
their capital contribution
- Can be established with any
amount of capital from €1
- Manager holding a controlling interest
- Manager belonging to a board of managers with a controlling interest
- Non-managing partner holding a controlling interest and doing a paid job within
the company
- Salaried manager holding an equal or minority interest
- Salaried manager belonging to a board of managers with an equal or minority interest
- Salaried non-managing partner holding a minority interest
SCP - Société civile profenessionlle (professional partnership)
- Non-trading company composed
of partners of the same profession
- Partners have unlimited and joint liability for debts in proportion to their
share of the authorised capital
- No minimum authorised capital
requirement
- Non-salaried partners
- Partners operating under an employment contract
SNC - Société en nom collectif (company of persons)
- Company in which the partners (minimum of two) are established individual entrepreneurs and have
unlimited and joint liability for the company's debts
- No minimum capital requirement
- All partners