Before opening a restaurant, it is important to choose an appropriate legal status. This will depend on your taxation, the level of capital required and the level of personal risk you will take on for the structure's indebtedness.
1. The Status of the Sole Proprietorship: A Good Way to Test an Idea
The sole proprietorship is the simplest legal status to adopt for a creator. The formalities are reduced to a minimum and the operating rules are extremely simplified.
The manager does not benefit from unemployment insurance if he leaves his post
4. SAS Statute - A Suitable Choice for Its Flexibility
Unlike the co-management system in SARL, the management of an SAS (simplified joint-stock company) is provided by a single chairman, with a direct hierarchical link to the general manager. If you want to run your company alone, this is the most suitable status. In addition, the SAS is the legal status acclaimed by young designers for its flexibility in terms of organization, while the SARL is more rigid in terms of regulations. Here are the pros and cons to consider before getting started:
The share capital freely set by the partners
The distribution of powers within the company is free, and not based on the share of capital held as in SARL