Table comparing companies (SA, SARL and SAS): Right and Obligations of Shareholders

 

SA

SARL

SAS

 

Responsability of shareholder

Shareholders are responsible of social debts in prorate to their share contribution.

Shareholders are responsible of social debts in prorate to their share contribution.

Shareholders are responsible of social debts in prorate to their share contribution.

Same

Financial Rights

Right to dividend, right to reserves, bonus of liquidation and preferential right of subscription in case of a share capital increase.

Right to dividend, right to reserves, bonus of liquidation and preferential right of subscription in case of a share capital increase.

Right to dividend, right to reserves, bonus of liquidation and preferential right of subscription in case of a share capital increase.

Same

Right for intervention

Right to receive Information on the company right to participate to The General Assemblies and to vote.

Right to receive Information on the company right to participate to The General Assemblies and to vote.

Right to receive Information on the company right to participate to The General Assemblies and to vote.

Same

Clause of Approval of share transfer

Possible to provide the prior approval of share transfer in the bylaws, only for share transfer to third party. And also between shareholders

Mandatory in case of a transfer to a third party.

It can be spread to others transfers in the bylaws

Possible to provide in bylaws for all types of transfer

SA is more flexible in this point than SARL

SAS is more flexible than the two

In collaboration with

How to contact us

 Lot 130 Sotrac Mermoz, Immeuble Global Santé   |  Dakar - Sénégal
 +221 77 656 59 48
 +221 33 860 83 00