BE_6093 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/BE 6093
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | BE_6093
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | BE_6093
|
| The country a linked concept is active or generally relevant for. Country scope | BE (Belgium) |
| Language-specific name. Monolingual name | Société de fait (fr) |
| Language-specific main abbreviation. Monolingual main abbreviation | Société de fait (fr) |
| Abbreviation which is also valid and used in practice. Alternative abbreviation | Co.Ltd., Company Ltd, Co. Ltd, Co. L.L.C., Ltd., Company Limited, Co. Ltd., Company LLC, Co.Ltd, Co. Lt |
| Informal and comprehensive human-readable definition of a concept. Description | A de facto company arises when partners conduct business together without formal registration, creating implied partnership obligations and shared liability. In Belgium it captures informal business relationships where parties act as a company through conduct rather than legal formation, often discovered during disputes or insolvency proceedings requiring retrospective legal clarification. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | De-facto Partnership |