What is a real estate cooperative (SCI)?

1 August 2026 5-minute read

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What is a real estate cooperative (SCI)?

Buying an apartment as a group, managing an apartment building or preparing the transfer of a legacy quickly raises the question of the legal framework. A société civile immobilière (SCI) allows at least two partners to jointly own and manage one or more properties. In the 16th arrondissement of Paris, our CENTURY 21 Auteuil Immobilier and Auteuil Seine agencies can help you with the real estate aspect of your project.

How does a real estate civil society work?

A SCI is a legal entity distinct from its associates. She holds the real estate assets, while the partners own shares proportional to their contributions. A manager ensures the day-to-day management within the limits set by the statutes. Decisions that exceed her powers are made collectively. according to the majority rules established by the company.

Why create an SCI?

Creating an SCI permet d’acheter et de gérer un patrimoine immobilier à plusieurs dans un cadre défini par les statuts. Cette structure évite notamment les règles de l’indivision et facilite la transmission du patrimoine : plutôt que de transmettre directement une fraction d’un immeuble, un associé peut transmettre progressivement ses parts sociales, notamment par donation.

What are the advantages and disadvantages of an SCI?

Among the advantages of an SCI is the flexibility of the statutes It allows for the management, decisions among partners, and the transfer of shares to be organized. In return, its constitution and operation impose certain formalities. Another point to be aware of: the partners are liable indefinitely for social debts, in proportion to their share in the share capital.

What are the different types of SCI?

The type of SCI Depends on the real estate projectr. La SCI de gestion ou de location sert à détenir et gérer des biens. La Family SCI réunit des associés appartenant à une même famille. La SCI d’attribution vise, quant à elle, l’acquisition ou la construction d’un immeuble destiné à être réparti entre les associés.

Who can create an SCI?

A real estate civil society must have at least two partners. It can be individuals or legal entities. There is no maximum legal number of partners. Each person makes an initial contribution and receives shares in the company’s share capital in return.

Can one form an SCI alone?

No. Unlike some forms of single-person companies, an SCI cannot be formed by a single person. Its creation requires at least two partners. This plurality must persist: the merger of all the shares into a single entity could lead to a request for dissolution if the situation is not regularized within the legal timeframe.

What capital is required to create an SCI?

No minimum amount It is not imposed on the capital of an SCI. The partners freely determine its amount in the statutes and make contributions in cash or in kind. The number of share capital and their distribution then result from the contributions made by each partner.

How to create an SCI?

To create an SCI, the partners first define their project, their contributions, and the amount of capital. They then draft the Statutes of the civil society real estate The social object, the seat, duration, capital, distribution of shares, powers of the manager and decision-making rules are among the items included therein.

After their signature, a notice of constitution appears in a entity authorized to receive legal advertisements. The creation dossier is then submitted to the single business formalities desk, together with the declaration of the beneficial owners and the required supporting documents. Registration gives the SCI its legal personality.

How much does the creation of an SCI cost?

The cost of creating an SCI This includes several costs: publication of the legal notice, registration and declaration of the beneficial owners. The budget increases if the partners entrust the drafting of the articles of association to a notary, a lawyer or another professional. The total amount therefore depends on the steps taken and the chosen support.

Which taxation scheme should be chosen for an SCI?

A SCI is established in principle, income tax (IR) : chaque associé déclare la part des revenus correspondant à ses droits. La société peut opter pour l’impôt sur les sociétés (IS), qui modifie notamment l’imposition des bénéfices et des capital gains.

Le choix du régime fiscal dépend du projet immobilier, de la durée de détention et de la situation des associés. La furnished rental, activité de nature commerciale sur le plan fiscal, exige une vigilance particulière puisqu’elle peut entraîner the incorporation of the SCI into the IS when the conditions stipulated by the administration are met.

What is the difference between an SCI and a family SARL?

The difference lies primarily in their nature.. A SCI is a civil company intended to carry out civil activities, primarily real estate holding and management. A family SARL is a commercial company reserved for members of the same family in accordance with the legal requirements.

This distinction is particularly important for furnished rentals. A family-run SARL can carry out this commercial activity while benefiting, under certain conditions and by option, from the personal companies tax regime. The choice of legal structure must therefore correspond to the real estate activity envisaged.

How can our CENTURY 21 Auteuil and Auteuil Seine offices help you?

The creation of a real estate civil society Legally, it regulates the holding of property, but it does not determine its value or the conditions for its sale, acquisition or rental. It is in these real estate matters that our knowledge of the 16th arrondissement of Paris takes on full meaning.

Les équipes de CENTURY 21 Auteuil Immobilier et Auteuil Seine vous accompagnent pour estimate, acheter, vendre, louer ou assurer la rental management d’un bien détenu par une SCI. Nos conseillers connaissent the real estate market in Auteuil, Passy, Jasmin or Trocadéro, They undergo continuous training at the 21st Academy and practice in accordance with the professional ethical rules.

To buy, sell or manage a property held in an SCI in Paris 16th, Contact our CENTURY 21 Auteuil Immobilier agencies at 01 42 15 16 21, auteuil@century21.fr and CENTURY Auteuil Seine at 01 56 07 16 21, auteuilseine@century21.fr .

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