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What is a French SAS company?

mneilson

Corporate Services
Business Angel
Dec 1, 2009
161
19
18
A SAS company in France is a Simplified Stock Company and in French words it is "Societé Par Actions Simplifieé" or SAS. It is a relatively new type of entity in France. This is a vehicle for creating a joint venture between a local company and a foreign partner. Previously, companies in France had found it difficult to enter into joint-venture relationships with foreign companies because of the rigidity of their corporate law. However SAS companies are increasingly finding favour with foreign investors, particularly in the USA, who wish to set up subsidiaries in France. Do you wish to add some thing more?
 
You have described almost everything about simplified stock company or SAS in France. It has mainly benefited many foreign investors, particularly the US companies, who wish to set up subsidiaries in France.