What are the types of companies in Guyana?

In Guyana, company types can be classified as follows:

1. Individual Business: These are small-scale businesses managed and owned by only one person.

2. Partnership: Businesses established and operated by at least two people. Partnership types include different options such as limited liability partnership, joint liability partnership, general partnership.

3. Company: It is a type of business where one or more people come together and share capital through shares. Types of companies include joint stock company, limited liability company, and partnership company.

4. Cooperative: A type of business that is jointly owned and operated by members. They usually operate in specific sectors such as agriculture, consumer goods production or services.

5. Foreign Company: These are companies established and operated by foreign investors. Foreign companies can generally be registered in Guyana as a locally resident company or a foreign company. This is just a sample of some types of companies and more types of companies can be found in Guyana. The choice of company type may vary depending on the size of the business, its field of activity, capital requirements and investors' preferences.