BR_2240 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/BR 2240
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | BR_2240
|
| The country a linked concept is active or generally relevant for. Country scope | BR (Brazil) |
| Language-specific name. Monolingual name | Sociedade Simples Limitada (pt), Simple Company with Limited Liability (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A Sociedade Simples Limitada is a Brazilian simple company that adopts the limited liability rules of the limited liability company while retaining its professional, non-business character. Partners are liable only up to the capital subscribed, with joint responsibility until it is fully paid. It is registered with the civil registry of legal entities rather than the commercial registry. It is a common structure for professional firms wanting liability protection. |