Types of companies

Basically any person can participate to the creation of companies provided that was not condemned for specific criminal offences stipulated in the law.
Partnerships, limited partnerships and partnerships limited by shares forms a separate corporate entity from their shareholders but all of the shareholders in case of a partnership or only some of them in case of limited partnerships and partnerships limited by shares, are liable for the company’s debts.
In case of the joint stock companies and the limited liability companies, the shareholders’ liability is limited to the amount they had invested, i.e. the subscribed share capital.