LEGAL FORM OF BUSINESS

Legal Form of Business

Legal Form of Business

Introduction

The choice of the status of the company depends on the nature of the activity, the importance of investment, number of participants, the matrimonial regime, the tax and social security of the company and the creator, the operating mode and management, the degree of commitment and responsibility of the creator, development potential and opportunities for transmission.

Sole Proprietorship

Among entrepreneurs is the single most popular legal form the company. It is then legally before seen, if a natural person alone exerts a commercial activity, so a business or a company operates. ...