JP_4574 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/JP 4574
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | JP_4574
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | JP_4574
|
| The country a linked concept is active or generally relevant for. Country scope | JP (Japan) |
| Language-specific name. Monolingual name | Gōmei-kaisha (ja) |
| Language-specific main abbreviation. Monolingual main abbreviation | GMK (ja) |
| Informal and comprehensive human-readable definition of a concept. Description | A Gōmei-kaisha is a general commercial partnership where all partners have unlimited joint and several liability for business obligations and equal rights to manage operations. In Japan it is rarely used today, having been largely superseded by modern corporate forms, but historically served family businesses and small trading companies where partners shared profits, management and unlimited personal responsibility for partnership debts under Commercial Code provisions. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Unlimited Partnership |