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October 7, 2024

TRENDING NOW: Bassirou Diomaye Faye Elected Fifth President of Senegal on March 24, 2024  🇸🇳

Sydney 29

For the creation of a Société Anonyme (SA) (C Corporation)

A Société Anonyme (SA) is a type of business structure that is equivalent to a public limited company (PLC) in the UK or a corporation in the US1. It is designed for larger companies and is suitable for raising capital from numerous investors. The SA structure limits the owners’ personal liability and allows the company to be recognized as a legal entity that can own property, enter contracts, and be held liable for its actions

For the Establishment of an Economic Interest Group (GIE)

An Economic Interest Group (GIE), also known as an Economic Interest Grouping (EIG), is a consortium of related businesses, companies, foundations, organizations, or institutes that formally pool their efforts for competitive advantage. Unlike for-profit entities, a GIE operates for collective, public, or social benefit rather than generating profits for its owners1. It serves as an intermediate structure between a company and a partnership, allowing members to collaborate on specific activities.

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