What are the types of companies in Portugal?
There are different types of companies in Portugal. Here are some common types of companies:
1. Limited Company (Limitada): Limited companies are companies that are not held responsible by the partners and have limited liability. A minimum of one partner or shareholder is required.
2. Joint Stock Company (Sociedade Anónima - SA): Joint stock companies are companies that raise capital through shares and limit the liability of shareholders. At least five partners or shareholders are required.
3. Limited Partnership (Sociedade em Comandita - SC): Limited partnerships are companies formed by the combination of limited and unlimited liability partners. Limited liability partners provide capital and unlimited liability partners manage the business.
4. Cooperative (Cooperativa): Cooperatives are businesses established by individuals or businesses that come together to meet economic, social and cultural needs. Liability of partners is limited.
5. Business Partnership (Sociedade em Nome Coletivo - SNC): Business partnerships are companies where two or more partners come together and establish a business. The liability of partners is unlimited. These are just a few examples, there are more types of companies in Portugal. The choice of company type may vary depending on the objectives of the business, its activities and the liability preferences of the partners.
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