Angel and Mariela Team 2

Flexible form of enterprise that blends elements of partnership and corporate structures.

A business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They both exercise control over the enterprise and consequently share revenues, expenses and assets.

A privilege arising from the grant of a sovereign or government, or from prescription, which presupposes a grant.

Lets you enjoy the limited liability of a corporate shareholder but pay income taxes as if you were a sole proprietor or a partner.

Is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.

A business organization owned and operated by a group of individuals for their mutual benefit.