S.A. (Société Anonyme)

A Société Anonyme (S.A.) is a type of corporation commonly used in French-speaking countries. It is a legal entity separate from its owners, who are called shareholders. The S.A. allows for raising capital by selling shares to the public or private investors. Shareholders’ liability is limited to their investment, protecting personal assets. This structure is suitable for large businesses with many investors, providing stability, transparency, and the ability to access significant funding. In essence, an S.A. functions like a corporation in other jurisdictions, facilitating growth while limiting individual risk.