Business Structures: A Comprehensive Guide to Company Types
Classified in Law & Jurisprudence
Written on in English with a size of 4.52 KB
Business Structures
Personalistic
- Sole Proprietorship: A natural person operates their own company through commercial, industrial, or professional activities.
- Members: 1
- Liability: Unlimited
- Capital: No minimum
- Formation: ID and voluntary registration in the Trade Register.
Kommanditgesellschaft (Limited Partnership)
- A personalist society where partners work collectively under unlimited joint liability.
- Members: 2
- Liability: Not illegal
- Formation: Deed, registration in the Commercial Register.
Collective Society (General Partnership)
- A society consisting of members with unlimited liability and limited partners with limited liability, participating in activities directed exclusively by commercial partners.
- Membership: 2
- Liability: Unlimited for collective