According to Commercial Law, it is possible to consider a company as the professional exercise of an organised economic activity, with the intention of acting in a goods and services market. It includes all company sizes, from big companies to SMEs. The points distinguishing a constitutive form of company are (Derecho en la Red 2012):
- Economic activity that allows to distinguish the activity of the company from merely artistic or intellectual activities.
- Organised activity, directed to accomplish a rational project.
- Activity continued, professional, systematic and thought to last with an intention to provide a benefit that constitutes a way of life, distinguishing it from other economic activities not exercised professionally.