BR_2275 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/BR 2275
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | BR_2275
|
| The country a linked concept is active or generally relevant for. Country scope | BR (Brazil) |
| Language-specific name. Monolingual name | Sociedade Simples em Conta de Participação (pt), Simple 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 Simples em Conta de Participacao is a Brazilian silent partnership used for professional or non-business activity, in which an ostensive partner acts in their own name while others participate only internally. It has no legal personality and is invisible to third parties, who deal only with the ostensive partner. It is registered for tax purposes rather than as a company. The arrangement suits discreet participation in professional ventures. |