What are the advantages of the SCI ?
An SCI (Société civile immobilière) is composed of at least 2 partners.
An SCI, or real estate company, is a company that allows several people to join forces to share one or more real estate. The partners of the SCI may pool movable or immovable property.
These contributions, most often in kind or in cash, give entitlement to shares in the SCI which correspond to the shares in the share capital. Thus, the partners share the profits and losses.
The SCI can be managed by one or more managers who are chosen by the partners themselves. Managers can be natural or legal persons , such as a company.
This is the ideal legal form if you want to acquire and manage real estate.
The advantages of creating a Real Estate Company are numerous but often they are little known. It is also necessary to be aware and aware of certain disadvantages before creating your own SCI.
- The partners can manage the organization of the articles of association as they see fit ;
- The holding of shares simplifies the transmission of assets ;
- Access to advantageous taxation;
- The costs relating to the ownership of real estate and expenses are shared between the partners.
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