A Société Anonyme (SA) is a type of business structure commonly used in many countries, particularly in Europe. It is similar to a corporation and allows for the ownership of the company to be divided into shares. Shareholders have limited liability, meaning they are only responsible for the company's debts up to the amount they invested. In an SA, shares can be publicly traded on stock exchanges, making it easier for the company to raise capital. This structure is often chosen by larger businesses due to its ability to attract investment and facilitate growth while providing legal protections for its owners.