All SASU must define a corporate purpose. This must faithfully illustrate the activity carried out. A special mention will be inserted in the statutes of the SASU. Determine a social purpose is, by definition, free. However, there are rules to follow. Here they are summarized in an article devoted to thecorporate purpose of a SASU.
Advantages of the corporate purpose of a SASU
Un social object provides information about the exact nature of the activities carried out by SASU. These activities will generate resources. They are included in the statutes of the SASU, with data such as the company denomination, to longer term,, and his the head office.
The formalization of a corporate purpose is used to verify whether the activities carried out by the SASU comply to the provisions of the articles of association. It is he who influences the APE code awarded by INSEE to the company. This element also determines the type of collective agreement applicable in the sector.
In addition, the corporate purpose is important for limit the powers of the president of the SASU. The acts he takes outside the corporate purpose are valid with respect to third parties (except in very specific cases). However, the manager is responsible to the sole shareholder.
Finally, when thegoal is achieved ou off, a cause of dissolution of the SASU is triggered and it must then be dissolved.
Designation of the scope of action of a SASU
Le sole owner of a SASU can freely define their field of activity. However, it must meet certain criteria:
- Be feasible,
- Be legal,
- Do not include elements that are not commercial (organs for example).
It is important that the precise field of activity of the SASU is described with great precision. Moreover, it is possible to extend it thanks to an extension clause. This authorizes the accomplishment of all the direct and indirect operations which facilitate the implementation of the field of action.
Finally, certain activities are prohibited in SASU and therefore cannot be included in the field of activity.
Description of the corporate purpose of a SASU
A SASU must notify the registry of the commercial court or the business formalities center of his social object, so that it appears on the trade and companies register and on theKbis extract from the SASU. This requires the constitution of a file. In case of creation, additional procedures must be made, such as the M0 form and a certificate of non-conviction.
Alteration of the corporate purpose of a SASU
It is possible to perform a modification of the corporate purpose of a SASU during its existence. However, this action may have significant tax implications. It ends with the modification of the statutes of the SASU. A specific procedure must be followed:
- draw up a report of decisions attesting to the transformation of the object,
- modify the statutes of the SASU,
- post a notice of change of corporate purpose in a journal of legal notices,
- send a special file to the CFE or to the registry of the commercial court.
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