A SASU is a capital organization that has several attributes, such as a social reason, a branch of activity (object), an administrative address (seat), A the amount investment and a longer term, of life. Here is some information you should know about the particularities of the SASU.
La SASU is the unipersonal form of simplified joint stock company (SAS). In other words, it's a SAS whose shareholding does not count only one member. It is therefore part of the capital companies, alongside the public limited company (SA). The creation of this company requires the drafting of articles of association and the registration of a single subscriber.
In the case of a SASU, all powers of associates are concentrated in the hands of thesole owner. The latter is responsible for taking all decisions concerning the management of the company (ordinary and extraordinary decisions, such as the transfer of registered office).
The purpose of a joint stock company is to raise funds and generate profits. The link between the partners is weaker than in partnerships. In the case of a SASU, the Responsibility Law of the sole member is limitée to the amount of its contributions.
La company name of a SASU is its name, which can be the surname and first name of an individual. In principle, the founding partner can freely choose this denomination. It is however necessary to check beforehand that the desired term is availableand an Deposit mark can also protect the company name, so check on the INPI website. Finally, the corporate name chosen must be lawful and not refer to the activity.
Note that the corporate name is separate from the trade name (name of a business) and theteaches (sign identifying the room).
Le registered office of a SASU matches his office address, which can be compared to that of a Private. It is not necessarily the place where the activity is carried out. It's the local within which the let's go to of the company is insured.
The executive's personal residence can also serve as a registered office, which is called a domiciliation in the living quarters. This can be temporary or permanent. Otherwise, a SASU loue ou boasts premises where it establishes its headquarters.
THERegistered Address is fundamental for a SASU, because it determines, among other things, its nationality and the territorial bodies concerned (registry of the commercial court, journal of legal announcements, etc.).
Le purpose of a SASU corresponds to theactivity that she practices. This must be accessible et legal. It is generally advisable to define it precisely.
This information is crucial because it allows, among other things, to circumscribe part of powers of the president. If the leader exceeds the corporate purpose, the company is still committed but the company manager finds himself responsible vis-à-vis the sole shareholder.
When the SASU has achieved its goal or when the latter has disappeared, it is automatically dissolved. There is a list of activities that cannot be carried out by a SASU (such as the activity of selling tobacco, which involves creating a general partnership, for example).
All businesses should have a capital which is unique to them. As for the SASU, it is made up of contributions from the sole shareholder. These contributions result from a contribution in cash (currency), goods or services (industry). There share capital value is free and can be set at the symbolic euro. Only contributions in kind and in cash participate in forming the share capital. In return for his contributions, the shareholder will receive social which will confer on him rights and duties.
The Simplified Unipersonal Joint Stock Company (SASU) must have a longer term, fixed during the drafting of the articles of incorporation. It can be expressed in number of years, or be established by reference to a event. It is even possible to provide a end of life date. However, the duration of a SASU cannot exceed 99 years of age. As the term approaches, the sole shareholder then has the choice of renewing his term or dissolve the society.
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