Société À Responsabilité Limitée
A "Société À Responsabilité Limitée" (SARL) is a type of business structure commonly used in France and other French-speaking countries. It is similar to a limited liability company (LLC) in other jurisdictions, providing its owners, known as members, with limited liability protection. This means that the personal assets of the members are generally protected from the company's debts and liabilities.
In a SARL, the number of members can range from 2 to 100, and it requires a minimum capital investment to start. The management of the company can be handled by one or more managers, who may or may not be members. This structure is popular among small to medium-sized enterprises due to its flexibility and ease of operation.