companies or corporations.
Historical .
traditionally has held the company stock had its origin in the early formulations of the companies of publicans from the Roman era, and the monti Monae of the Middle Ages. But certainly, the corporation had its origin in the colonial societies of the seventeenth and eighteenth centuries, whose expression is quite similar to modern ones, was observed in the East India Company established in the Netherlands, and the company's real Gipuzkoa caracas, later receiving Company limited its ultimate legal treatment in the French commercial code, 1807.
Concept: S ociety or joint stock company:
are represented by limited liability companies, consisting of two or more people. Has legal personality, social capital is divided by shares or securities that can be transferred without the consent of the other partners, the partners are liable only up to the amount of shares subscribed, the death or incapacity of a partner not affects the life of the company.
Features:
The corporation has the same features that other companies: it is a legal entity, its shareholders, partners contribute money or property estimated in money, for profit, loss of supports fund established by the shareholders, but they differ from other rights partners are represented by shares that consist of a title. The administration is performed by 2 board collegiate bodies of shareholders and the board, which appoints a manager. The rights of members are represented by shares of free transferability. These companies are always shopping, even when formed for civilian purposes. The corporation is solemn character, both in its creation, modification and dissolution, it is formed and a public trial, which extract is made in the Trade Register and published in the Official Journal.
Corporations are divided into smaller parts called "actions"
1. Disclaimer: the partners or limit your liability to the amount to which they have invested in the partnership.
2. Society capital par excellence more interested in what people capital of the partners, they may not know each other nor the third party contract with society, hence the name "anonymous."
3. Life continued: life of society is separate from its owners. Its duration is set in the charter. The death of some of the partners does not affect it.
4. Actions transferable: can continually change ownership without affecting the society. Name: the name may include one or more persons of visible existence with the addition of a corporation but is prohibited from using "official national."
Legal Personality: being a separate legal entity from its owners may acquire rights and obligations. Separation of ownership and management functions: in these companies there is a "passive ownership" of those who put the capital and active.
Shares Shares are equity investments, which means that by buying shares in a corporation you become shareholder and is actually a part owner of the corporation. Of course, participation in equity, or ownership in a corporation that can issue millions of shares is much smaller than the equity, or real value, which owns real property she bought. What is similar is that you own something that can sell or hold, as desired.
There are two main reasons to buy stocks: 1.You
expects the share price increase so that by selling their shares in the future to achieve a profit 2.You
expected income generating activities in the form of dividends
Share Classes
Ordinary: are actions that have no advantages or disadvantages, or special privileges, they are often called common .-
Privileged: granted their holders the right to recover their values \u200b\u200bin case of liquidation of the company in priority to other shareholders. -
Deferred: these are right or dividends, dividends on ordinary shares. - Vote plural: each ordinary share is entitled to one vote, but there may be actions of up to 5 votes per share ordinary. -
Preferred: are the same as above but grant the privilege on which the company distributes dividends annually.
Scriptural: titles not represented in it are in accounts in the names of the owners in a record called "book entry shares."
Endorsed: those that require only the endorsement of the film by the landlord and must enroll in the share registration book .-
bearer are those which can be transferred by mere delivery of the title.
requirements must contain the action:
In accordance with art. 293 of the Commercial Code, the title of the regulations or bearer shares must contain: - The company name, address, place where they are registered statutes stating the date and registration number.
Go ntajas companies:
- is a commercial entity with legal personality.
- is the most common form of association for trade.
- The company has a legal personality distinct from the partners
- Separate personal property assets of the company.
- partners are liable for their contribution only (no third party liability).
Disadvantages:
- The non-profit partners until they declare dividends.
- Taxes.
- organizational expenses.
- government regulations.
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