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Can an entrepreneur's personal wealth be seized?

Verified 01 January 2023 - Directorate of Legal and Administrative Information (Prime Minister), Ministry of Justice

The Individual Contractor (IO) automatically has 2 distinct heritages : a professional and personal heritage. This status shall also apply micro-entrepreneur. On the other hand, the individual contractor with limited liability (EIRL) is responsible for the company's professional debts solely on his professional assets. His personal heritage is therefore protected.

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