Concurrence of companies
Classified in Law & Jurisprudence
Written at on English with a size of 617 bytes.
The establishment of One-Man Company. It is a limited liability company owned by one person (juridical or normal) and his contractual liability is limited to the capital announced in the memorandum of Association. All suitable provisions of LLC shall be applied to One man company. The responsibility of the Companies for the works of its authorized representatives while they are managing the company as well as the action of any of its employees and agents if he/she is authorized from the company and the third party dealt with him on this basis