S.A. (corporation)


S.A. or SA designates a type of public company in certain countries that mostly have Romance languages as its official language and employ civil law. Depending on language, it means anonymous company, anonymous partnership, share company, or joint-stock company, roughly equivalent to public limited company in United Kingdom company law and a public company in United States corporate law. It is different from partnerships and private limited companies.

Originally, shareholders could be literally anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were therefore paid to whoever held the certificate. Share certificates could be transferred privately, and therefore the management of the company would not necessarily know who owned its shares.

Like bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by holding companies in order to obscure the beneficiary.

Contents

In different countries


S.A. can be an abbreviation of:

The Greek term Anonymi Etaireia (Ανώνυμη Εταιρεία, A.E.) is officially translated into S.A. in English and foreign languages.

It is equivalent in literal meaning and function to:

It is equivalent in function to:[citation needed]

References


  1. ^ "26 CFR 301.7701-2 - Business entities; definitions. | US Law | LII / Legal Information Institute" . www.law.cornell.edu. (v)Multilingual countries. Different linguistic renderings of the name of an entity listed in paragraph (b)(8)(i) of this section shall be disregarded. For example, an entity formed under the laws of Switzerland as a Societe Anonyme will be a corporation and treated in the same manner as an Aktiengesellschaft.

See also


External links









Categories: Types of business entity | Types of companies of France




Information as of: 13.06.2020 12:10:00 CEST

Source: Wikipedia (Authors [History])    License : CC-BY-SA-3.0

Changes: All pictures and most design elements which are related to those, were removed. Some Icons were replaced by FontAwesome-Icons. Some templates were removed (like “article needs expansion) or assigned (like “hatnotes”). CSS classes were either removed or harmonized.
Wikipedia specific links which do not lead to an article or category (like “Redlinks”, “links to the edit page”, “links to portals”) were removed. Every external link has an additional FontAwesome-Icon. Beside some small changes of design, media-container, maps, navigation-boxes, spoken versions and Geo-microformats were removed.

Please note: Because the given content is automatically taken from Wikipedia at the given point of time, a manual verification was and is not possible. Therefore LinkFang.org does not guarantee the accuracy and actuality of the acquired content. If there is an Information which is wrong at the moment or has an inaccurate display please feel free to contact us: email.
See also: Legal Notice & Privacy policy.