Enterprise Information
The word "company" derives from the Latin corpus, that means physique, and the Maurya Empire in Iron-Age India accorded authorized rights to enterprise entities. In most nations, there are legal guidelines that deal with small companies differently from massive ones. They may be exempt from sure legal submitting requirements or labor laws, have simplified procedures in specialized areas, and have simplified, advantageous, or slightly completely different tax therapy. General partners in a partnership , plus anybody who personally owns and operates a enterprise with out making a separate legal entity, are personally liable for the debts and obligations of the enterprise. A mother or father company is a company that owns enough voting stock in one other firm to manage administration and operations by influencing or electing its board of administrators; the second company being deemed as a subsidiary of the father or mother firm. The definition of a parent company differs by