Law backported to Wikipedia: Difference between revisions

moved type of business entity up to front because one should be aware of these things in order to get into business
(some introductory text and links for the stumble-ins)
(moved type of business entity up to front because one should be aware of these things in order to get into business)
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* '''[http://www.finlex.fi/en/laki/kaannokset/ Translations of finnish laws and regulations at finlex.fi]'''
* '''[http://www.finlex.fi/en/laki/kaannokset/ Translations of finnish laws and regulations at finlex.fi]'''
* '''[http://lib.eduskunta.fi Library of The Parliament of Finland]''' is situated in the "Postitalo" right at the core of Helsinki ([http://lib.eduskunta.fi/Resource.phx/kirjasto/sijainti.htx map]). In addition to having all laws and all regulations legislated by the parliament, they offer wide variety of weekly and monthly magazines from all over the world.
* '''[http://lib.eduskunta.fi Library of The Parliament of Finland]''' is situated in the "Postitalo" right at the core of Helsinki ([http://lib.eduskunta.fi/Resource.phx/kirjasto/sijainti.htx map]). In addition to having all laws and all regulations legislated by the parliament, they offer wide variety of weekly and monthly magazines from all over the world.
= Types of business entity in a nutshell =
A '''[[w:business|business]]''' ( [[w:fi:yritys]] )may be one of the following:
* '''Private incorporated ( Inc. LLC. Ltd. )''' [[w:fi:Osakeyhtiö_(Suomi)#Yksityinen_osakeyhti.C3.B6_.28oy.29|Yksityinen osakeyhtiö, Oy]] )
* '''Public incorporated ( PLC. )''' ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]] )
*A '''[[w:Cooperative]]''' ( [[w:fi:Osuuskunta]] ). '''Obs.''' there are cooperatives owned by their workers __and__ cooperatives owned by their customers.
* A "person" company such as
::**A '''[[w:Sole proprietorship]]''' ( also known as the [[w:Sole trader]] ) ( [[w:fi:Toiminimi]] )
::**A '''[[w:General partnership]]''' ( [[w:fi:Avoin yhtiö]] )
::**A '''[[w:Limited partnership]]''' ( [[w:fi:Kommandiittiyhtiö]] )
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"All companies are businesses, but not all businesses are companies." -- jubo-jubo
::* '''"Incorporated"''' means it forms a '''[[w:legal personality]]''' ( [[w:fi:oikeushenkilö]] ) of its own and
:::the owners are <u>'''never liable'''</u> for it's liabilities.
::* '''Non-incorporated''' ( [[w:fi:henkilöyhtiö]] ) there is at least one person who has <u>'''personal liability'''</u> for the liabilities of the business. The [[w:silent partner]] ( hiljainen yhtiömies ) in a limited partnership does not have liability for the businesses liabilities.
Examples of three competing players using different forms of business can be found in Finnish daily
* The S-group customer owned cooperative
* the K-Group is a PLC ( Kesko Oyj ) with Ltd's owned by the merchants.
* Parent company of [[w:Lidl]] is a [[w:Stiftung]] ( [[w:fi:Säätiö]] ) and Lidl Suomi is a limited partnership
Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )


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= Types of business entity in a nutshell =
A '''[[w:business|business]]''' ( [[w:fi:yritys]] )may be one of the following:
* '''Private incorporated ( Inc. LLC. Ltd. )''' [[w:fi:Osakeyhtiö_(Suomi)#Yksityinen_osakeyhti.C3.B6_.28oy.29|Yksityinen osakeyhtiö, Oy]] )
* '''Public incorporated ( PLC. )''' ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]] )
*A '''[[w:Cooperative]]''' ( [[w:fi:Osuuskunta]] ). '''Obs.''' there are cooperatives owned by their workers __and__ cooperatives owned by their customers.
* A "person" company such as
::**A '''[[w:Sole proprietorship]]''' ( also known as the [[w:Sole trader]] ) ( [[w:fi:Toiminimi]] )
::**A '''[[w:General partnership]]''' ( [[w:fi:Avoin yhtiö]] )
::**A '''[[w:Limited partnership]]''' ( [[w:fi:Kommandiittiyhtiö]] )
-----
"All companies are businesses, but not all businesses are companies." -- jubo-jubo
::* '''"Incorporated"''' means it forms a '''[[w:legal personality]]''' ( [[w:fi:oikeushenkilö]] ) of its own and
:::the owners are <u>'''never liable'''</u> for it's liabilities.
::* '''Non-incorporated''' ( [[w:fi:henkilöyhtiö]] ) there is at least one person who has <u>'''personal liability'''</u> for the liabilities of the business. The [[w:silent partner]] ( hiljainen yhtiömies ) in a limited partnership does not have liability for the businesses liabilities.
Examples of three competing players using different forms of business can be found in Finnish daily
* The S-group customer owned cooperative
* the K-Group is a PLC ( Kesko Oyj ) with Ltd's owned by the merchants.
* Parent company of [[w:Lidl]] is a [[w:Stiftung]] ( [[w:fi:Säätiö]] ) and Lidl Suomi is a limited partnership
Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )


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