France SAS vs SA
Legal Entity Comparison
Time of Update: 2026-03-31
SAS is a type of legal entity in France, officially known as "Société par Actions Simplifiée". It is a type of combined ownership company with limited liability. SAS can participate in the market publicly, with a minimum requirement of one shareholder and at least one director. Unlike other legal entities, SAS does not require the designation of a legal representative, the involvement of local residents as directors, or the need for a company secretary. However, the minimum registered capital for SAS starts from 1 euro, and if it needs to be established and operated, it is advisable to have at least 2000 euros. Another distinctive feature of SAS is the requirement for capital verification, which means providing proof of the company's funding source. Overall, SAS is a flexible and simple legal entity suitable for small businesses and startups.
France Legal Entity Comparison
France Legal Entity Comparison
Basic Information
SAS
SA
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Positive
Publicly Participates In Capital Market:
Positive
Shareholder / Director / Secretary Requirements
SAS
SA
Requirements For Shareholders:
At least one shareholder.
Requirements For Shareholders:
At least seven shareholders are required at the time of establishment.
Requirements For Directors ::
At least one
Requirements For Directors ::
At least one
Legal Representative Not Mandatory:
Positive
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Registered Capital Requirement
SAS
SA
Minimum Registered Capital Requirement:
1. In principle, the minimum amount for account opening is 1 euro, and for consultancy on operation, the minimum amount is 2000 euros.
Minimum Registered Capital Requirement:
37,000 euros
Capital Injection Not Required:
Negative
Capital Injection Not Required:
Negative
Capital Injection Requirement:
N/A
Capital Injection Requirement:
N/A
Memo
SAS
SA
Memo:
N/A
Memo:
A board of directors and a board of supervisors need to be established to manage and oversee the company's operations.
FR
France
CI - Company Incorporation
France SAS Company Incorporation (Complex Structure)
From EUR 2,625.00 / Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
FR - France
Learn More
FR
France
CI - Company Incorporation
France SAS Company Incorporation
From EUR 850.00 /
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
FR - France
Learn More
