Business Legal Structures and Pricing Strategies
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Determining the Legal Form of a Company
7.1. Determination of the legal form of a company. Companies may take different legal forms according to their size, the amount of initial capital, the number of partners, and the activity the company will pursue. The most common legal forms are:
Common Legal Structures
Legally:
- Sole proprietorship.
- Community property.
With legal personality:
- General partnership.
- Limited partnership.
- Limited liability: Limited Partnership and New Business Limited Company.
- Public Limited Company.
- Limited partnership by shares.
- Worker-owned companies: Limited work partnership and labor limited company.
- Cooperative Society.
Legal Forms and Main Characteristics
Individual Entrepreneur
An individual entrepreneur is a natural person who regularly... Continue reading "Business Legal Structures and Pricing Strategies" »