KEVIN MCLOUGHLIN

16 chemin de la Grossette, Eymet

France

24500

(+33) 05 53 22 40 99

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