Choice Of a type of Entreprise

	Individual enterprise	SARL	SA
Number of associates	Only one	At least two ( 2)	At least seven (7)
Constitutional formalities	Simple : - Matriculation at RC and SCIFE - License	- Authenticated Status - Registration RC + SCIFE - Relation with social organisms
Initial Social Capital	No minimum required	500 000FCFA to liberate at the creation. Possibility of contribution in nature	2.5 million FCFA Liberation by quarter Possibility of contribution in nature
Associates’ responsibilities	Unlimited	Responsibilities limited to the amount of contributions. However, there is a possibility for the court to put at stake the personal possibility of the managers, the DG, the directors, leaders of will or of right.
Transfer of Shares or Actions	No shares nor Actions	To provide in the status. Generally, it needs the agreement of the majority of the associate, representing more than ¾ of the social capital.	Free transfer except agreement clause or expiration provided in the status.
Consequences of death	The enterprise ends if it is not taken over by a heir.	Continuation except a contrary clause is provided in the status.	The activity continues.
Revocation of organs of the direction	The Chief of enterprise is his only boss.	The managers are revoked by the associates representing a majority of the social capital.	- Possible of the DG by the majority of the board of directors. - Revocation of members of the directory by the majority of the Security Council.
Imposition of benefits of the enterprise	Industrial and Commercial Benefits (ICB) at the rate in vigour.	Tax on Companies (TC) at the rate in vigour.	Tax on Companies (TC) at the rate in vigour.
Remuneration of managing directors	Industrial and Commercial Benefits ( ICB)	- Minority managers and PDC or general directors: salaries deductible from the benefits of the enterprise, leaders imposed to the tile of tax on salary income; - Majority managers of SARL : Remuneration deductible but imposition of salaries to the regime of Industrial and Commercial Benefits (ICB)