The status of sole proprietorship with limited liability or EIRL

The legal status of sole proprietorship with limited liability implies a distinction between the personal assets and the professional assets of the service provider. Therefore, it is necessary for the service provider to have a bank account which will be dedicated to his professional activities. In addition, he is obliged to make a declaration of assets reelance engineering.

At the level of the social system, the service provider established in EIRL benefits from membership in the self-employed workers' scheme.

In terms of the tax system, the service provider established in EIRL benefits from income tax or can opt for the tax regime specific to micro-enterprises, under the Sapin 2 law, promulgated in December 2016.

The status of a sole proprietorship with limited liability or EURL

The legal status of a sole proprietorship with limited liability implies a distinction between the personal assets of the service provider and their professional assets. Therefore, it is necessary to open a bank account for the exercise of professional activities in order to limit the liability to the contribution for the company.

At the level of the social system, the service provider established in a single-person company with limited liability benefits from membership in the self-employed workers' scheme.

In terms of the tax system, the service provider established in a one-person limited liability company has the choice between opting for either corporation tax or income tax.

The status of single-member simplified joint stock company or SASU

The legal status of a single-member simplified joint-stock company also implies a distinction between the personal assets and the professional assets of the service provider. In this sense, it is also necessary to open a bank account reserved for personal activities in order to limit liability in terms of contribution to society.

At the level of the social security system, the service provider established in a single-member simplified joint stock company benefits from affiliation to the general social security system if he is a paid president. Otherwise, if the service provider does not enjoy any remuneration, no affiliation will be possible.

In terms of the tax system, the service provider established in a single-member simplified joint stock company benefits from income tax. Nevertheless, he can choose to be taxed on the tax profit of his company for a maximum period of 5 years.