What are the types of companies in Slovakia?
There are various types of companies in Slovakia. The most common among these are as follows:
1. Limited Liability Company (s.r.o.): The most common type of company and has at least one founder. The founders' liability is limited to the capital they invested.
2. Joint Stock Company (a.s.): It is a type of company that has a minimum of five founders and shares capital with shares. The founders' liability is limited to the capital they invested.
3. Limited Company (k.s.): It is a type of company formed by at least one partner and at least one general partner. The liability of limited partners is limited to the capital they invested.
4. General Partnership (k.s.): It is a type of company formed by at least two partners coming together. All partners have unlimited liability for the company's debts. 5th Person Company: It is a type of company run by a single person. In such companies, there is no distinction between owner and company, and the owner assumes all responsibility of the company.
6. Cooperative: It is a type of non-profit company in which members participate with a partnership share. Profit sharing and management are carried out democratically. Each of these company types can have different advantages and disadvantages, so it is important for the entrepreneur to choose the most appropriate company type based on their business needs and preferences.
What are the types of companies in Slovakia?
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