CO_1371 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/CO 1371
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | CO_1371
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | CO_1371
|
| The country a linked concept is active or generally relevant for. Country scope | CO (Colombia) |
| Language-specific name. Monolingual name | Sociedades por acciones simplificada (es) |
| Language-specific main abbreviation. Monolingual main abbreviation | S.A.S (es), SAS (es) |
| Abbreviation which is also valid and used in practice. Alternative abbreviation | s.a.s., SAS, S.A.S., SAS., s.a.s |
| Informal and comprehensive human-readable definition of a concept. Description | A simplified company offers streamlined incorporation procedures, reduced capital requirements and flexible governance tailored to SMEs. In Colombia it is widely used by small and medium businesses seeking quick formation, operational flexibility and limited liability under Colombian sociedad por acciones simplificada provisions introduced to encourage entrepreneurship. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Public Company |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| KYVO (LEI) | KYVO | LEI (data source) | Sociedad por Acciones Simplificada (Spanish) | entityLegalFormCode (LEI) |