2017-07-28T22:04:55+03:00[Europe/Moscow] en true Types of business entity, Subsidiary, Partnership, State-owned enterprise, Natural person, Kommanditgesellschaft, Corporation, General partnership, Joint-stock company, Limited liability partnership, Liquidation, Division (business), Consumers' co-operative, United States as a tax haven, Limited liability company, Limited company, Tradegood, Income trust flashcards
Legal entities

Legal entities

  • Types of business entity
    A business entity is an entity that is formed and administered as per commercial law in order to engage in business activities, charitable work, or other activities allowable.
  • Subsidiary
    A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company.
  • Partnership
    A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests.
  • State-owned enterprise
    A state-owned enterprise (SOE) is a legal entity that undertakes commercial activities on behalf of an owner, the government.
  • Natural person
    In jurisprudence, a natural person is a person (in legal meaning. i.e., one who has its own legal personality) that is a human being, as opposed to a legal person, which may be a private (i.e., business entity or non-governmental organization) or public (i.e., government) organization.
  • Kommanditgesellschaft
    A Kommanditgesellschaft (abbreviated "KG", pronounced [kɔmanˈditgəˌzɛlʃaft]) is the German name for a limited partnership business entity and is used in German, Austrian and some other European legal systems.
  • Corporation
    A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
  • General partnership
    In most countries, a general partnership (the basic form of partnership under common law) is an association of persons or an unincorporated company with the following major features: * Created by agreement, proof of existence and estoppel.
  • Joint-stock company
    A joint-stock company is a business entity where different stocks can be bought and owned by shareholders.
  • Limited liability partnership
    A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.
  • Liquidation
    In United Kingdom and United States law and business, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are redistributed.
  • Division (business)
    A division of a business or business division (sometimes called a business sector) is one of the parts into which a business, organization or company is divided.
  • Consumers' co-operative
    Consumer cooperatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members.
  • United States as a tax haven
    In 2010, the United States implemented the Foreign Account Tax Compliance Act; the law required financial firms around the world to report accounts held by US citizens to the Internal Revenue Service.
  • Limited liability company
    A limited liability company (LLC) is the United States-specific form of a private limited company.
  • Limited company
    In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.
  • Tradegood
    Tradegood, formerly known as iSupplier Intelligence (ISI), is a global sourcing platform that connects buyers and suppliers across more than 100 countries.
  • Income trust
    An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties.