Editorial - From Simplified Companies to One-Man Limited Enterprises

Small and medium-sized enterprises make use of the company, above all, for the individual exercise of an enterprise. The company law of the western countries meets this need by gradually simplifying the provisions governing public (German kleine AG, French Société par actions simplifiée) and private companies (one-member companies, German Unternehmensgesellschaft, French sarl à un euro, Italien srl semplificata).The evolution of simplified forms of limited liability companies is represented by the French law on the Entrepreneur individual à responsabilité limitée.