SARL (Société à Responsabilité Limitée) Corporation with limited responsibility

A small budget is enough to create a SARL. Shareholder responsibility is limited to the amount of her or his investment. The minority shareholder company director may have the same legal status as the company employees. The limitation of stakeholder responsibility can be withdrawn, thereby extending responsibility to a personal level, if partners such as banks or debt holders demand for it.  If the company suffers from an inappropriate management, the director can be held personally responsible for debts to the French social security system.