Entrepreneurship of Legal Entities – Business Corporations
Would you like to establish your own company? Business corporations are commercial companies and cooperatives (which are divided into cooperatives and the European Cooperative Society). Commercial companies are:
- Unlimited partnership
- Limited partnership company
- Limited liability company
- Joint stock company
- European company
- European Economic Interest Grouping
All companies and cooperatives must be registered in the commercial register. No company can have legal existence without registration. It is thus necessary to differentiate between establishing a corporation, which is the first step, and the beginning of legal existence, which follows after that.
Updated for socio-legal content as of 8th November 2021.