Tree.in

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 countries, there are laws that treat small firms in another way from giant ones. They could also be exempt from certain legal submitting necessities or labor legal guidelines, have simplified procedures in specialized areas, and have simplified, advantageous, or barely different tax therapy. General partners in a partnership , plus anybody who personally owns and operates a enterprise without making a separate authorized entity, are personally answerable for the debts and obligations of the enterprise. A parent company is a company that owns sufficient voting inventory in one other firm to manage administration and operations by influencing or electing its board of directors; the second firm being deemed as a subsidiary of the parent company. Business is the exercise of making one's living or making m