SCOP and SCIC (French cooperative companies)
French cooperative companies. In a SCOP (worker cooperative), employee members hold at least 51% of the capital and 65% of voting rights, on a “one person, one vote” basis. A SCIC (collective-interest cooperative) brings together at least three categories of members, including employees or producers and beneficiaries, around a project of collective interest.
See also: Social and solidarity economy (SSE)
Reference source: entreprendre.service-public.gouv.fr
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