
The Societe Anonyme
A Société Anonyme (SA) is a type of business structure commonly used in European and some other countries, similar to a public limited company. It allows shareholders to own parts of the company through shares, meaning their financial liability is limited to their investment. An SA can raise capital by selling shares to the public and is often governed by a board of directors. This structure promotes investment and enhances credibility, making it a popular choice for larger enterprises seeking to grow while protecting individual investors from personal financial risk.