An EURL (Entreprise Unipersonnelle Ă ResponsabilitĂŠ LimitĂŠe) is another type of one-person company, but itâs a bit more stable and traditional than a SASU. Think of it as a solid, long-term option for business owners who want maximum protection.
Hereâs the Deal:
Youâre the boss, but things are a bit more structured than in a SASU.
Your income comes from a salary, and you canât easily split it into dividends like in a SASU.
You get better social protection, including unemployment benefits, in case things donât go as planned.
Concrete Example:
Meet Sophie, a 20-year-old hairdresser who opens her own salon. She makes âŹ50,000 per year and pays herself a net salary of âŹ30,000.
Sheâll pay around 45% to 50% in social contributions (roughly âŹ13,500), but this covers everything: health insurance, retirement, and unemployment benefits.
đĄ Why This Is Great: If Sophieâs business ever struggles, sheâs eligible for unemployment benefits, giving her extra security.
Taxes in an EURL:
On your salary: Youâll pay social contributions of around 45% to 50% of your net income.
Good news: You can deduct business expenses like rent, utilities, and supplies to lower your taxable income.
đĄ If you want stability, EURL is ideal.
Liability and Risk:
Like a SASU, your personal assets are protected. If things go wrong, youâre only responsible for the share capital you invested in the company.
Social Protection:
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Full health coverage through the self-employed workersâ system (doctor visits, hospital stays, medications) with coverage tailored to your professional needs.
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Retirement contributions based on your net income, offering a solid retirement plan.
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Unemployment coverage: If you close your business, youâre eligible for unemployment benefits, as long as youâve contributed enough.
đĄ Candosa Tip: If youâre looking for long-term security and peace of mind, an EURL is perfect for you. Itâs especially good if you have high business expenses since you can deduct them to lower your taxes.