The collection or the association
of the individuals whether they are legal persons, natural persons is termed as
company. They are sharing the common purpose and unite in order to focus their
multiple skills and talents. They are even organizing their collectively
available resources and skills to achieve declared goals. They are taking many
different forms. They are as follows:
- Banks and Financial entities
- A group of soldiers
- Voluntary associations such as the non-profit organization
These can be created at a law as
a legal person so that they can accept the liability which is limited for the
civil responsibility.
Companies which are Largest
The companies which are the
largest are as follows:
- Saudi Aramco
- Chevron
- INH
- Eni
- Apple
- Bank of America
- HSBC
- Ford
- AT&T
- BNP Paribas
- China construction bank
- Tesco
- Verizon
- IBM
- Carrefour
- Siemens
- Tata
- Nestle
- United health
HK company formation information can be known from many books which
are talking about many companies. The important values are being revealed
publicly in the company’s annual reports.
Etymology of the Company
The English word company has its
origins in the military term campaign of the Old French and originally from the
Late Latin word companio. In the United States, a company is association,
partnership, corporation, fund, trust and joint-stock company, whether
incorporated or not and any trustee, receiver in the bankruptcy or the
liquidating agent for any foregoing. In the US, a company is not said to be a
corporation. A partnership is not said to be a company in Britain. It is
referred to as the firm. The limited association of the individuals is sharing
the capital by the guarantee. These are formed by the letters patent.
Advantages of Statutory Companies
There are certain companies which
have been formed by the private statue which is passed in the relevant
jurisdiction. HK company formation
information can be known from many journals which are talking about various
aspects of the companies. The owners of these organizations are being termed as
the members in the legal parlance. There are lot of sub categories of all these
types of large organizations which can be formed in the various jurisdictions
in the world. These are distinguished for the regulatory and the legal purpose
between the private and the public companies. The private organizations are not
having publicly traded shares. There are most of the corporations by patent
letters which are the corporation soles.
