Bolivia What are the types of companies?
There are various types of companies in Bolivia. These include:
1. Limited Liability Company (SRL): The most common type of company. It can be established by one or more partners and the partners have limited liability.
2. Joint Stock Company (SA): It is a type of company that raises capital through shares. It can be established by at least two partners and the liability of the partners is limited.
3. Cooperative: It is a type of company where partners work together without profit. Cooperatives can operate in different sectors and are governed by the democratic participation of members.
4. One-person company: It is a type of company established and managed by a single person. In this type of company, the founder assumes all responsibility as a single person.
5. Public Company: These are companies that have full or partial ownership of the state. These companies often operate in strategic sectors and provide public services.
6. Foreign Company Branch: It is a branch or representative office opened by a foreign company to operate in Bolivia. It is based on the resources and capital owned by the foreign company. The company types in this list are those common in Bolivia, but other company types may also exist. It is important to check with the relevant authorities in Bolivia for more information on the process of establishing and managing a company.
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