Create a family SCI: why and how? - Capital.fr

Why create a family SCI?

In general, the constitution of a family SCI makes it possible to manage a family real estate heritage. By creating a company, the partners gather their capital and thus increase their financial capacity. It is also easier to obtain financing in this configuration.

The associates of a family SCI are the members of the same family, united by ties of kinship or alliance. The creation of the company facilitates the acquisition, management and transmission of real estate. Partners also benefit from numerous tax advantages.

For example, in the case of a married couple under the regime of separation of property, acquiring a building through an SCI makes it possible to create a common heritage. It is also a way of anticipating the transmission of one's heritage to one's children.

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How to create a family SCI?

To set up a family SCI, you simply have to follow the steps of business creation:

To be able to create an SCI, it is also mandatory to appoint a manager: this may be a natural person or a legal person, he must be a capable adult and not have been prohibited from managing. This is the legal representative of the company.

How does a family SCI work?

An SCI is created by at least 2 people and there is no maximum number of partners. Each partner holds a number of shares proportional to the contributions he has made: this may be a contribution in cash (a sum of money) or a contribution in kind (a good). Subsequently, the SCI operates like any other company in terms of accounting and management.

Do you have a real estate project with your family members? Do not hesitate to create your family SCI to benefit from the advantages that this represents!

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