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Legal Entity
Concepts, features and types
What I am going to talk about
1. What is a Legal Entity?
2. The main features of a Legal Entity
3. Types of a Legal Entity
What is a Legal Entity?
Legal Entity - a company or organization that has legal rights and
responsibilities, for example the right to make contracts and the
responsibility to pay debts
Legal Entity
A Legal Entity has an official name and certain rights, remedies,
privileges, obligations and responsibilities under the law similar to
those of an individual. The concept of a legal entity is a
fundamental legal fiction.
The main features of a Legal Entity are
● Availability of segregated property
● Each legal entity has its own name
● The legal entity must have a location
● Ability to be a plaintiff or defendant in court
● Legal entity is an entity (as well as sole proprietorship)
Types of Legal Entity in Ukraine
Business
associations
Non-business partnerships
Types of Legal Entity in Ukraine
Business associations
● General partnership
● Limited partnership
● Limited liability company
● Superadded liability company
● Open Joined-Stock Company
● Closed Joined-Stock
Company
Non-business partnerships
● Cooperative
● The service cooperatives
● Consumers' co-operative
● Non-governmental organization
● Credit union
● Political party
Summary
● Legal Entity - a company or organization that has legal rights and
responsibilities
● The main features of a Legal Entity are:
● Two categories of juridical persons - Business associations and Non-
business partnerships
Thank you for your attention!
Andrey Pigulko

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Legal entity

  • 2. What I am going to talk about 1. What is a Legal Entity? 2. The main features of a Legal Entity 3. Types of a Legal Entity
  • 3. What is a Legal Entity? Legal Entity - a company or organization that has legal rights and responsibilities, for example the right to make contracts and the responsibility to pay debts
  • 4. Legal Entity A Legal Entity has an official name and certain rights, remedies, privileges, obligations and responsibilities under the law similar to those of an individual. The concept of a legal entity is a fundamental legal fiction.
  • 5. The main features of a Legal Entity are ● Availability of segregated property ● Each legal entity has its own name ● The legal entity must have a location ● Ability to be a plaintiff or defendant in court ● Legal entity is an entity (as well as sole proprietorship)
  • 6. Types of Legal Entity in Ukraine Business associations Non-business partnerships
  • 7. Types of Legal Entity in Ukraine Business associations ● General partnership ● Limited partnership ● Limited liability company ● Superadded liability company ● Open Joined-Stock Company ● Closed Joined-Stock Company Non-business partnerships ● Cooperative ● The service cooperatives ● Consumers' co-operative ● Non-governmental organization ● Credit union ● Political party
  • 8. Summary ● Legal Entity - a company or organization that has legal rights and responsibilities ● The main features of a Legal Entity are: ● Two categories of juridical persons - Business associations and Non- business partnerships
  • 9. Thank you for your attention! Andrey Pigulko