Limited Liability Companies
Limited Liability Companies are those which mainly rely on contribution of capital from associates. This type of commercial company has the advantage of making a complete distinction between the company and its shareholders, which are usually anonymous. In general, shares are easy to transfer, without limits.
However, this type of company requires a minimum capital of 61,500 euros, whereas few entrepreneurs have this type of capital before the launch of their business. Furthermore, the administrative management of such companies is relatively difficult for small companies (board of directors, general assembly, etc.).