Get S.A. Corporation essential facts below. View Videos or join the S.A. Corporation discussion. Add S.A. Corporation to your PopFlock.com topic list for future reference or share this resource on social media.
Type of corporation in countries that mostly employ civil law
Share of the Banque de Montreux, issued 20 November 1900. Société anonyme were common in Switzerland at this time.
Like bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by holding companies in order to obscure the beneficiary.
Sociedad Anónima or Sociedad por Acciones in Spanish
Mexican law also takes into account the variability of the corporate stock, resulting in most S.A. turning into Sociedad Anónima de Capital Variable (S.A. de C.V.), or Sociedad Anónima Bursátil de Capital Variable (S.A.B. de C.V.) for publicly traded companies.
Mexico also has Sociedad de Responsabilidad Limitada de Capital Variable (S. de R.L. de C.V.), which is analogous to the limited liability company.