There are many
types of business entity defined in the legal systems of various countries. These include
corporations,
partnerships,
sole traders, and other specialized types of organization. Some of these types are listed below, by country.
For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, e.g. ˜ p.l.c. (UK), ˜ Ltd. (UK), ˜ limited partnership, etc. It should be remembered, however, that the regulations governing particular types of entity, even those described as roughly equivalent, may differ to a greater or lesser extent between countries.
Depending on which type of business entity you choose will also influence the legal structure.[1]
In Canada entities can be incorporated under either federal or provincial (or territorial) law.
