What are the types of companies in New Caledonia?

There are many different types of companies in New Caledonia. The most common among these are:

1. Joint Stock Company (Société Anonyme - SA): It is the most common type of company and must be established by at least five founding partners. It has shares divided into capital shares and the liability of shareholders is limited to the capital they have invested.

2. Limited Liability Company (Société à Responsabilité Limitée - SARL): Must be established by at least two partners. The liability of the partners is limited to the capital they invest, and the partners participate in the management of the company. Third Party Company (Entreprise Individuelle): It is a type of company established and operated by a single person. The owner of the company assumes full responsibility for the business and his personal assets are linked to the existence of the company.

4. Limited Company (Société en Commandite Simple - SCS): It is a type of company in which there is at least one limited partner and at least one limited partner. While general partners have unlimited liability, general partners are only responsible for the capital they invest.

5. Cooperative Commerciale: Cooperatives established by businesses operating in a specific sector, such as farming, retail or other commercial activities. Members participate in the management of the company and jointly share the profits. Each of these company types may have different advantages and rules, so it is important to get support from an expert advisor when setting up a company.