BR_2127 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/BR 2127
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | BR_2127
|
| The country a linked concept is active or generally relevant for. Country scope | BR (Brazil) |
| Language-specific name. Monolingual name | Sociedade Empresária em Conta de Participação (pt), Business Silent Partnership (en) |
| Language-specific main abbreviation. Monolingual main abbreviation | S.C.P. (pt) |
| Informal and comprehensive human-readable definition of a concept. Description | A Sociedade Empresaria em Conta de Participacao is a Brazilian business silent partnership, in which an ostensive partner conducts the business in their own name while participating partners contribute capital and share results without appearing to third parties. It has no legal personality, though it is registered for tax purposes. Only the ostensive partner is liable towards outsiders. It is common in property development and investment ventures. |