What is a Company chapter 4 sp

National law – SP – The Spanish Legal System – chapter 4

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.
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