Choosing a legal setup
The legal setup is the framework that allows the company to be created.
Whether the business is commercial, industrial, craft, or a private practice, an entrepreneur can choose between two major legal options :
- sole proprietorship : this is an economic activity conducted by a single natural person, in his own name ;
- creating a company : This is an economic activity conducted by a single partner - single member company with limited liability (EURL) - or several partners (limited liability company (SARL), public limited company (SA), simplified joint-stock company (SAS)...).