UA_7050 (CDQ)

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DataModel:CDQ/Business Partner/Legal Form/UA 7050
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A technical identifier, unique in a certain context. Technical key UA_7050
The country a linked concept is active or generally relevant for. Country scope UA (Ukraine)
Language-specific name. Monolingual name Спільне підприємство (uk), Spilne pidpryiemstvo (uk), Joint Venture (en)
Language-specific main abbreviation. Monolingual main abbreviation SP (uk)
Abbreviation which is also valid and used in practice. Alternative abbreviation СП
Informal and comprehensive human-readable definition of a concept. Description A Spilne pidpryiemstvo is a Ukrainian joint venture enterprise, founded jointly by several legal persons, frequently with foreign participation. The founders share ownership, management and results according to the founding documents. The form was widely used in the 1990s to attract foreign investment. Today most joint ventures are set up as limited liability companies instead.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category Joint Venture