What is Société à responsabilité limitée mean? A société à responsabilité limitée (SARL, S.à r.l. and similar; literally "society with limited responsibility") is a form of private company that exists mainly in French-speaking countries, such as France, Luxembourg, Monaco, Algeria, Morocco, Tunisia, Madagascar, Lebanon, Switzerland (where it is also designated by GmbH or Sagl), and Belgium (where, since 1 May 2019, it is also designated by besloten vennootschap and abbreviated as SRL). The primary purpose of a SARL is to conduct commercial activity.
Proprietary interests in a SARL are represented by shares. They are not freely transferable; unless the intended recipient is a spouse, descendant, or other close relative, transfers require the agreement of half of the shareholders (since Ord. 2 mars 2004).
One of the primary advantages of a SARL is limited liability; an owner or other investor in the company cannot be liable for more than they have contributed to the company’s capital. In this respect, a SARL is largely equivalent to a British limited company or American limited liability company.
reference | Full Form | Category |
| Spencer Art Reference Library | Academic & Science |
| Société à responsabilité limitée | Business |
| Société A Responsabilité Limitée | Business |
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| Sustainable Agriculture and Rural Livelihoods | General |
| State Agriculture And Rural Leaders | General |
| Santa Ana River Lakes | General |
| State Ag and Rural Leaders | General |
| Straits Asia Resources Limited | General |
| Sociedade Anónima de Responsabilidade Limitada | General |
| Suvarnabhumi Airport Rail Link | General |
| Selve Automobilwerke Gmbh | General |
| Sinnhuber Aquatic Research Laboratory | Medical |
| Sarkaria Arthropod Research Laboratory | Medical |
| Spatial Analysis Research Laboratory | Medical |
| South African Radio League | Radio Science |
| Saskatchewan Amateur Radio League | Radio Science |
| Paso de los Libres, Argentina | Regional |
| South Australian Rugby League | Regional |
| Sport Air Racing League | Sports |
Posted on 24 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.