SA

I

Belgium

Société Anonyme, the Dutch language equivalent is NV. Initial capital must be BEF 2.5 million, and must be fully paid up upon incorporation. Company Extensions and Security Identifiers

II

France

Société Anonyme. Company Extensions and Security Identifiers

III

Greece

Société Anonyme. A Greek SA must have share capital of GRD 10 million. Company Extensions and Security Identifiers

IV

Ivory Coast

Société Anonyme. Requires a minimum of seven shareholders. Each share must have a par value of at least 5000 CFA Francs,

V

Luxembourg

Société Anonyme. There is a minimum of two shareholders, and a minimum share capital of LUF 1.25 million. Company Extensions and Security Identifiers

VI

Mexico

Sociedad anónima. Mexican SA's require a minimum capital of N$50,000. At least 20% of this must be paid-in at the time of incorporation. There is a minimum of two shareholders, but no maximum. Ordinary shareholder meetings can be called with 1/2 of the shares voting, and extraordinary meetings require a 3/4 vote. Shareholder meetings must take place in the city where the company is located, but board meetings can be abroad. 5% of annual profits must be allocated to a reserve until the reserve totals 20% of the capital. Company Extensions and Security Identifiers

VII

Morocco

Société Anonyme. SA's must have at least seven shareholders and a share capital of at least 10,000 dirhams, with each share having a minimum par value of 1000 dirhams. Company Extensions and Security Identifiers

VIII

Poland

Spolka Akcyjna. Stock company. Company Extensions and Security Identifiers

IX

Portugal

Sociedad Anónima. Share capital minimum of PTE 5 million, and a minimum par value of PTE 1000 per share. There is a minimum of 5 shareholders. Companies are registered in the Commercial Registry. Company Extensions and Security Identifiers

X

Romania

Societate pe actiuni. Limited liability company, can be publicly-traded. Can be set up by one or more shareholders (but not more than 50) and must have a minimum capital of RL 2 million (about $100.00). At present, capital contributed by a foreign investor is converted to lei at the prevailing market exchange rate in effect at the time the capital is contributed for accounting purposes only. Companies may maintain bank accounts in foreign currency. The registered capital is divided into equal shares whose value cannot be less than RL 100,000 (about $5.00 USD) each. Company Extensions and Security Identifiers

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The two-character ISO 3166 country code for Saudi Arabia. Bloomberg Financial Dictionary

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SA SA

used in the names of a type of limited company in French-, Portuguese-, and Spanish-speaking countries, and Italy:

• Peugeot SA

— see also SARL

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   1) Spanish company title: abbreviation of Sociedad Anonima. SA Italian company title: abbreviation of Societa.

   2) French company title: abbreviation of Société Anonyme. The term is also used in Belgium and Switzerland.

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SA UK US (also S.A.) noun

► LAW, WORKPLACE used, especially in Spanish-, French-, Italian-, and Portuguese-speaking countries, after the names of a particular type of limited company: »

Shares of Vivendi Universal SA climbed $1.35 to $18.25.

»

The Japanese company will also acquire 100% of Vivitar France S.A.