Societe Anonyme (SA)

An LLC under French Law; in Spanish-speaking jurisdictions – Sociedad Anonima. Requires minimum 7 shareholders, whose liability is limited up to the amount of their capital contribution.

Subsidiary Company

A company under the control of another company, through the ownership of stocks and shares.

Substantial Holding Company

In the Netherlands – a special type of holding company, which is exempt from tax on income from investments.


The range of names/abbreviations of letters after the company name, to denote limited liability.


Society for Worldwide Interbank Financial Telecommunications.

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