Capitalist Business Entities and Corporate Law
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Capitalist Business Persons and Capitalist Companies
Case 2A focuses on capitalist business persons. A capitalist company is an entity mainly based on capital contribution. In these companies, what matters most is the capital invested, not the personal identity of the partners. Decisions are usually made by a majority of capital, and liability is typically limited.
Types of Capitalist Companies
Capitalist companies are regulated by the Corporate Enterprises Act. The three main types are:
- Joint Stock Company
- Limited Liability Company
- Limited Share Partnership
Joint Stock Company (Sociedad Anónima)
A Joint Stock Company is similar to a Sociedad Anónima. Its key characteristics include:
- Its partners are shareholders.
- The minimum capital required is €60,