Some car rental agencies opt for SAS status or their single member form, SASU.
These structures are also suitable for opening a car rental company. SAS (Simplified Public Limited Company, article L227-1 of the French Commercial Code) offers considerable freedom in its articles of association. For example, there is no upper limit on the number of shareholders. The representation is made by a President. It is also possible to set up an additional decision-making body.
In addition, that legal status allows the President of SAS or SASU to join the social security scheme for employees, which is more protective than the social security scheme for self-employed persons.
Corporate tax with the option to opt for personal income tax for the first five tax years.
Good to know: opening a company is not just about registering the articles of association. Choosing the legal structure, the registration, the drafting of the articles of association, the capital contribution… Every step counts. With Legalstart, you are guided step-by-step to avoid mistakes and launch your business with complete peace of mind.
What are the formalities required to set up a car rental company? To create a car rental company, the main steps are:
drawing up the statutes;
or deposit of share capital;
publication in a newspaper of legal notices;
The online application is available on the INPI website (one-stop shop).
These steps are the same regardless of whether you choose to create a SARL, a EURL, a SAS, or a SASU. However, the content of the articles of association varies according to the legal structure chosen.
Key Point: We have just looked at the essential elements of opening a car rental agency. Now you know how to become a car rental company owner.