ChatterBank2 mins ago
Status of a company in France
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I have looked up a company in France by its name and siret number and found it described as, "SARL unipersonelle." Could anyone tell me what the British equivalent of this is, please? Does it mean "sole trader"; "limited company"; or a combination of both?
Many thanks for any information.
Many thanks for any information.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Yes, thanks for response. I have managed to translate a definition but it's ambiguous. It appears that it is a setup for a sole trader to benefit from limited liability protection in the way we know in Britain. However - if I understand what I've translated (!) - it also means that, if a claim on the company results in the company's being liquidated, the creditors can pursue the sole trader as an individual. My interest stems from a law suit against a French dealer who will, no doubt, try to claim protection under the limited liability umbrella. Thanks again for your interest.