BG_0761 (CDQ)

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DataModel:CDQ/Business Partner/Legal Form/BG 0761
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A technical identifier, unique in a certain context. Technical key BG_0761
The country a linked concept is active or generally relevant for. Country scope BG (Bulgaria)
Language-specific name. Monolingual name Aktsionerno druzhestvo sus spetsialna investitsionna tsel (bg), Special Purpose Investment Company (en)
Language-specific main abbreviation. Monolingual main abbreviation ADSITz (bg)
Abbreviation which is also valid and used in practice. Alternative abbreviation Sociedad En Comandita Simple, y Cía. S. en C., S.C.S
Informal and comprehensive human-readable definition of a concept. Description A special purpose investment company is a Bulgarian joint stock company licensed solely to invest in real estate or in receivables and to finance itself by issuing securities. It must distribute the great bulk of its profit as dividends and is prohibited from carrying on other business, which makes it the Bulgarian equivalent of a real estate investment trust. Its assets are held with a depository bank and its activity is supervised by the financial regulator. Investors gain exposure to property or receivables through a listed, tax transparent vehicle.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category Institution