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COMMERCIAL PARTNERSHIPS
 
 

COMMERCIAL PARTNERSHIPS

 

Sociedad Anonima

A Joint-Stock Company (or S.A.) is a company whose owners participate in the company's development through bonds and shares. The company's debts are not paid for by stockholders' personal assets, but by injection of capital. The core of the S.A. is its board of directors, who bear the responsibility of the company's management.

Limited Partnerships

A Limited Partnership is a company characterized by the coexistence of two types of partners: 1) Collective Partners, who contribute unlimited debt equity and co-manage the organization, and 2) Limited Partners who do not participate in the organization's management and whose responsibility is limited to injection of capital. Collective Partners' participation may take the form of bonds if the company is a Limited Partnership by Shares.

Limited Liability Companies

A Limited Liability Company (S.R.L. or LLC) is a type of commercial partnership in which the company's debts are not paid for by the owners' or partners' personal assets, but by injection of capital. Partners do not actively participate in the development of the company, but their ownership is established in the founding document.

 
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LIMITED PARTNERSHIPS

A Limited Partnership is a company characterized by the coexistence of two types of partners: 1) Collective Partners, who contribute unlimited debt equity and co-manage the organization, and 2) Limited Partners who do not participate in the organization's management and whose responsibility is limited to injection of capital. Collective Partners' participation may take the form of bonds if the company is a Limited Partnership by Shares.

 
 
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