The Inter-Professional Federation of the Collectivity of Saint-Martin (FipCOM) informs entrepreneurs that the ordinance dated September 10, 2015 reduced the minimum number of shareholders in unlisted public limited companies (SA). From now on, we can create an unlisted SA with 2 shareholders instead of 7. “This requirement of 7 shareholders has always been contested. Moreover, this number had no legal or economic justification and was not shared by any of the other countries of the European Union. In France, many companies then had recourse to shareholders of convenience so as not to have to open their capital, ”underlines the institution.
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