Enterprise Group
The word " company " derives from the Latin corpus, that means physique, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities. In most international locations, there are legal guidelines that deal with small companies in a different way from massive ones. They could also be exempt from sure legal submitting requirements or labor laws, have simplified procedures in specialised areas, and have simplified, advantageous, or slightly totally different tax therapy. General partners in a partnership , plus anybody who personally owns and operates a business without creating a separate legal entity, are personally responsible for the money owed and obligations of the business. A father or mother firm is a company that owns enough voting stock in one other agency to manage administration and operations by influencing or electing its board of directors; the second firm being deemed as a subsidiary of the mother or father company. Many companies are...