A company is a entity endowed with the legal personality. It is created in a trade purpose of producing goods or services for the market, which may be a source of profit or other financial gain for its owner(s). It is the joint property of its shareholders who have the power to appoint administrators responsible for its general management.
Companies pursue their business in numerous legal forms. The most frequent are :
- SARL (limited liability company), a company with partners whose liability is limited to their personal contribution ;
- SA (public limited company) where the exercise of business is separated from the liability of shareholders ;
- non-commercial company, found in particular in the professions and in real estate.