Homepage Uzupełnienia A natural person, legal person and organizational unit without legal personality conducting business activity in its own name

A natural person, legal person and organizational unit without legal personality conducting business activity in its own namePrint

A natural person conducting business activity (sole tradership) is organizationally the simplest form of conducting business activity by natural persons in Poland (a natural person is a legal term for a human being from his birth until his death). Such a form of business activity cannot be conducted by legal persons.

Legal persons conducting business activity are organizational units that by law acquire legal personality. Such units include capital companies under the commercial law, associations, foundations, cooperatives, including housing cooperatives.

Organizational units that do not have legal personality conducting business activity are organizational units that by law acquire legal capacity (but do not acquire legal personality). This means that they can participate to the fullest extent in commercial transactions and can be subjects of legal relationships. Those entities include housing cooperatives, joint stock companies in organization, partnerships under commercial law.

The main difference between a legal person and an organizational unit without legal personality consists in the fact that an organizational unit without legal personality does not act through its bodies (e.g. director, employee’s council, president), as it is in the case of a legal person, but through the persons that form it. This means that the liability for obligations in the case of an organizational unit without legal personality shall not be borne by the unit itself, as in the case of a legal person, but (e.g.) by partners of the partnership.

Facebook