Limited partnership by shares (Sapa)

[suchona.kani.z]

Joint stock companies are legal forms of business that are liable for corporate obligations only with their own assets.

This legal form of business requires a minimum share capital of 50 thousand euros divided into shares, which allow for the distribution of profits and obtaining the resources necessary to carry out the activity.

Joint stock companies have full legal responsibility and financial autonomy, and the members are not required to pay the expenses and debts of the joint stock company with their personal assets.

Limited partnerships are one of the least common legal forms of business, and distinguish partners based on their degree of responsibility and participation in management.

In practice, as we have seen with the simple limited sweden email list partnership (Sas), the partners are divided into limited partners and general partners.

In this case, the limited partners are obliged towards the company within the limits of the subscribed capital quota, while the general partners are jointly and severally liable for the company's obligations.

This is one of the legal forms of business that is mainly chosen in large family-run companies, to protect themselves from the possible entry of third parties.

Other types of legal forms of business
In addition to the legal forms of business divided into partnerships and corporations, there are other typologies that apply to different situations.

The other types of legal forms existing in Italy are:

Cooperatives: recognized and protected by the Italian Constitution with Article 46, they have a simple management and apply to economic activities operating in various sectors without profit but with a mutualistic nature.