What are the types of companies in Guinea-Bissau?

There are various types of companies in Guinea-Bissau. Listed below are some of the most common:

1. Individual Company: A company operated and managed by a single person. In such companies, the owner assumes all the responsibilities of the company.

2. Limited Liability Company (LTD): A company established and managed by more than one partner. Partners make the company's decisions together and limit their responsibilities to the company's capital.

3. Joint Stock Company (SA): It is a company that can be public or private. Owners become partners in the company through shares and elect the management of the company.

4. Cooperatives: Companies formed through cooperation between farmers, workers or other groups. Such companies may be established to meet the needs of partners or to provide services.

5. Foreign Company Branches: It is a branch opened by a foreign company in Guinea-Bissau. These branches may be established to expand the activities of the parent company or to establish a presence in the local market. These are just some examples and other types of companies can also be found in Guinea-Bissau. It is recommended that you consult local laws and regulations for detailed information regarding company formation.

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