Corporations

Legal basis:Law 32 of February 26, 1927

 

A corporation is a legal person, the purpose of this figure is to practice all kinds of commercial acts, in turn it can acquire all kinds of goods and services and even incur obligations.

 

​Benefits

• The personal assets of shareholders are different from the assets of the corporation.

• They can carry out all kinds of commercial activities, personally or through an intermediary person. 

• Meetings of shareholders or boards of directors can be held anywhere in the world.