Adam (Island) What are the types of companies?

Companies can be established in different types, usually such as: 1st Person Company: It is a company established by one person and has a single owner. Sole proprietorships may be liable to the owner's entire assets because they carry personal liability.

2. Limited company: It is a company established by two or more partners and the liability of the partners is limited. Limited companies have liability limited to the capital invested by the partners.

3. Joint stock company: It is a company established by more than one partner and where the liability of the partners is limited. Joint stock companies are established by shareholders and are represented by share certificates.

4. Cooperative: It is a company established by members to meet their common needs. Cooperatives are founded on the principles of democratic participation of members and profit sharing.

5. Limited liability company: It is a company consisting of limited liability partners and unlimited liability partners. While limited liability partners bear liability limited to the capital they invest, unlimited liability partners assume all liability.

6. Self-employed company: It is a company that does not have a legal personality and is established by self-employed people. Self-employment companies limit the personal liability of freelancers. These are just some examples and each country may have different company types and regulations. Company types may vary depending on the company's size, field of activity, partnership structure and other factors.