When planning to start a new business or company, you need to find out about your options prior to registering. Among these, not only the one that best suits the specific purposes of the business should be chosen, but the one that also covers all aspects of it, that is, the one that best fits the company. Difference between Civil Society and Mercantile Society
It is common then, that one wonders about the differences between a mercantile society and a civil society. Both, despite having many things in common, also have a number of important differences that should be known.
Civil society | Commercial society | |
|---|---|---|
| What is it? | A civil partnership can be defined as a contract of a private nature between two or more people (partners). They have decided to jointly carry out an economic activity for profit but without constituting acts of commerce. The people involved are obliged to contribute resources according to what has been agreed or to their capacities. Its purpose is to distribute the possible profits generated. | On the other hand, a commercial company is a legal personality that, like a civil company, is created to carry out an economic activity for profit. This requires the participation of two or more people (partners). Partners put assets to help achieve common purpose. The possible gains, as well as the possible losses, are distributed equally between the partners. |
| Juridically | A civil society is a private (and secret) figure. Therefore it is regulated by the civil code and there is no legal figure. | On the other hand, a commercial company is a legal personality in itself. |
| Turns covered | Provision of services | Commercial (mercantile) |
| Types | Regarding the types of civil partnerships, it is possible to find:
| There are several types of mercantile companies, depending on the relationship between partners, the degree of responsibility, the objectives, etc. |
