A SASU has Validity period defined by the sole shareholder and recorded in the articles of association. This period can be renewed. Here is a guide for select the lifetime of a SASU.
The duration of a SASU
A SASU has an duration of existence defined by the sole shareholder and recorded in the articles of association. It can be renewed. that is how choose the lifespan of a SASU.
Benefits of a SASU time limit
A SASU does not have an eternal existence. An end-of-life date must be defined. The counter of this period is triggered from the registration in the trade and companies register of the SASU.
When the spa is hit and, if the sole shareholder has not decided to extend the duration of the company, the SASU is liquidated. However, this is not the only reason for dissolution of this legal form.
Establishment of the duration of the SASU
The statutes of the SASU determine the longevity of society, whether by a number of years or a specific date, or by the event of any event. Nevertheless, the duration cannot exceed 99 years. If this is the case, this clause is considered null.
The sole shareholder can also decide to renew duration near the expiration of the statutes, or even throughout the term within the framework of a longer period. If no clause is specified, an interested party may seek clarification in court.
Lifetime of a declared SASU
Le the head office of a SASU, its social object and corporate name are elements whose lifetime must be declared au trade and companies register (RCS). She will be on theK-bis extract.
To create an SASU, it is necessary to provide a complete file to the registry of the commercial court or to the business formalities center. Other supporting documents will also be required.
Extension of the period of validity of a SASU
At the deadline provided for by the articles of association, the sole shareholder must make a decision: extend the SASU or, failing that, the dissolve. If he decides to extend it, he must modify the statutes of the SASU and follow a certain number of procedures:
- Draw up a report of the sole shareholder's decision,
- Register the minutes with the relevant business tax department,
- Enter the sole shareholder's decision in the decision register,
- Publish a notice of extension of the duration of the SASU,
- Modify the statutes of the SASU,
- File a file with the CFE or the TC registry.
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See also in the context of the creation of a SASU:
