Analysis of the growth in the number of constitutions, benefits and limitations of Simplified Stock Companies “S.A.S”

Abstract

With the promulgation of the Business and Innovation Organizations Law at the end of February 2020, a new type of company called simplified joint stock company (S.A.S.) was incorporated into our legislation. This figure was created with the purpose of streamlining the process of establishing companies and granting entrepreneurs greater control in the management of their businesses, as well as greater flexibility in decision-making.

Simplified stock companies are a relative innovation in the business field, which has been gaining popularity as an option for the creation of companies, due to the advantages it offers in terms of flexibility, simplicity and efficiency in business management. According to data provided by the Superintendence of Companies, Securities and Insurance, since its implementation until February 28, 2023, a total of 34,254 companies of this type have been established nationwide.

However, it is worth mentioning certain limitations associated with this legal figure. For example, simplified stock companies do not have the ability to go public, which restricts their access to financing through the issuance of shares. In addition, a minimum share capital requirement equivalent to a current legal minimum wage is established, which may be a limitation for those entrepreneurs with limited financial resources.

The research is based on a descriptive and quantitative approach, taking advantage of the records available on the web portal of the Superintendence of Companies, Securities and Insurance. Through a detailed analysis of the data obtained, it seeks to provide a precise and well-founded response to the objectives set out in this study. The use of statistical techniques will allow obtaining reliable results and establishing relevant conclusions in relation to the constitution of Sociedades por Acciones Simplificadas (S.A.S.). ETL processes will be applied and the Power BI tool will be used following the Kimbally methodology. The analysis of the results will make it possible to assess whether a positive impact is observed in a given period

In conclusion, the simplified joint stock company (S.A.S.) represents a legal option that provides entrepreneurs with a flexible, simple and efficient alternative for the creation of companies, allowing them to have greater control over the management of their businesses and their structure to their needs. individuals.