Legal forms of business: joint stock companies
Posted: Mon Apr 21, 2025 3:44 am
In practice, all the partners of a general partnership are “general partners”, which is the main difference between this and the legal forms of limited partnerships.
Limited partnership (SAS)
The legal forms of limited partnerships divide the partners into two distinct categories:
Limited partners: who have limited liability for the company's obligations according to the limits of the share contributed.
General partners: who have unlimited liability but can administer and manage the company.
In Sas, all members must have their own VAT number and be regularly registered with the Chamber of Commerce.
Capital companies are legal forms of business that provide for limited liability of the partners.
This means that the organization has full financial autonomy, and that only the company with its assets is responsible for the social obligations, which cannot affect the personal assets of the members.
The legal forms of business that fall within the capital companies are:
Limited Liability Company (Ltd)
Joint Stock Company (SpA)
Limited partnership by shares (Sapa)
Let's analyze them in detail.
capital company
Limited Liability Company (Ltd)
Limited liability companies are legal forms of business sweden email list that provide for the share capital to be divided into participation quotas and not into shares.
The partners have limited liability, and therefore the company will have to answer for any expenses or debts with its own share capital.
This legal form of business requires a minimum share capital of 10 thousand euros divided into shares.
There is also the possibility of setting up so-called simplified LLCs, which require a reduced initial capital and for which notary fees are discounted, even if management costs remain as high as those of the “standard” ones..
Limited partnership (SAS)
The legal forms of limited partnerships divide the partners into two distinct categories:
Limited partners: who have limited liability for the company's obligations according to the limits of the share contributed.
General partners: who have unlimited liability but can administer and manage the company.
In Sas, all members must have their own VAT number and be regularly registered with the Chamber of Commerce.
Capital companies are legal forms of business that provide for limited liability of the partners.
This means that the organization has full financial autonomy, and that only the company with its assets is responsible for the social obligations, which cannot affect the personal assets of the members.
The legal forms of business that fall within the capital companies are:
Limited Liability Company (Ltd)
Joint Stock Company (SpA)
Limited partnership by shares (Sapa)
Let's analyze them in detail.
capital company
Limited Liability Company (Ltd)
Limited liability companies are legal forms of business sweden email list that provide for the share capital to be divided into participation quotas and not into shares.
The partners have limited liability, and therefore the company will have to answer for any expenses or debts with its own share capital.
This legal form of business requires a minimum share capital of 10 thousand euros divided into shares.
There is also the possibility of setting up so-called simplified LLCs, which require a reduced initial capital and for which notary fees are discounted, even if management costs remain as high as those of the “standard” ones..