Best and cheap are usually antinomic.
But for cheap and good quality hosting, there are very big companies who have goods offers :
OVH doesn't like customers in countries where they don't have an office and won't accept offshore companies as customers. Otherwise, it's very good... as long as...
It's true that a French SA requires 7 shareholders and a lot of capital. But there are other kind of companies in France. Most common is SARL ; 1 shareholder and 1 € (When there is only one shareholder, a SARL is sometimes called an EURL, but otherwise, there is no difference with a SARL).
SA...
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