SA (Société Anonyme) Anonymous corporation
The SA is the best fitting alternative when you have the intention to run big business in France. You are allowed to issue new shares or obligations to raise capital to your business. Shareholders are free to trade shares, increase or withdraw their ownership. Seven shareholders are required as well as a 37 000 Euro minimum starting capital. The CEO shareholder running the business may have the same legal status as the company employees.
From a Bank or Investor point of view, the SA is the least risky business form since the raised capital corresponds to a large amount of money.
The SA requires a Board of Directors, Supervisory Committee, Statutory Auditor and a yearly General Assembly.