S.A.S. and Sports Joint Stock Companies: New rules under the Organic Law of National Solidarity
The Organic Law of National Solidarity reinforce the restrictions applicable to Simplified Joint Stock Companies (S.A.S.) by expanding the list of prohibited activities — including mining and strategic sectors — to ensure that these entities remain focused on ventures with lower regulatory risk. Additionally, it introduces the Sports Joint Stock Company, a new legal form designed to professionalize the management of sports clubs and teams, subject to strict controls to prevent illicit activities.