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Questions and Answers
What is the main advantage of a SAS over a SARL?
What is the main advantage of a SAS over a SARL?
- Access to capital markets
- More binding vehicle
- Flexibility in management structure (correct)
- Minimum share capital requirement
Which form of entity is the SAS equivalent to in the UK and US?
Which form of entity is the SAS equivalent to in the UK and US?
- Public Limited Company (PLC)
- Limited Liability Company (LLC) (correct)
- Corporations
- Private Limited Company (LTD)
What is the minimum capital required for setting up a SAS?
What is the minimum capital required for setting up a SAS?
- 100 Euros
- 1 Euro (correct)
- 10 Euros
- No minimum capital required
Which entity is relevant for small and medium-sized companies?
Which entity is relevant for small and medium-sized companies?
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Who is the only compulsory corporate body in a SAS?
Who is the only compulsory corporate body in a SAS?
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What does the SAS not have access to, unlike SA?
What does the SAS not have access to, unlike SA?
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Which type of company requires a minimum share capital of 1 Euro?
Which type of company requires a minimum share capital of 1 Euro?
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What makes the SAS more flexible than the SARL?
What makes the SAS more flexible than the SARL?
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How many shareholders can a SAS have?
How many shareholders can a SAS have?
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