Sociedades Anonimas S.A. (Сorporation), Joint Venture, branch of a foreign company, partnerships
Minimum authorised share capital
S.A. – USD 12,000
Paid-in capital
USD 3,000 by the time of incorporation, this deposit may be repaid when the company is incorporated, the whole of the share capital must be paid in within 2 years following incorporation
Minimum number of shareholders
two, individual or corporate, residents or not
Minimum number of directors
one individual plus one alternative director, most of the directors must be residents
Nominee services
available (upon additional agreement with the lawyer)
Bearer shares
not available
Public disclosure of information
directors’ and shareholders’ details are open to the public
The French finance ministry has recently published its 2011 fiscal activity report,
detailing action taken by the ministry last year as part of its fiscal and economic
strategy, aimed at promoting sustainable growth.
The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.