Home / Civil Society

Civil Society

Share on Facebook Share on Twitter Share on LinkedIn

Civil society is a private figure in which two or more people are forced to pool resources with the aim of distributing potential margins among themselves.

In general, civil society is an agreement between the parties by which several people pool money, goods and other assets to achieve a common goal that should be lucrative in any case for everyone based on the contribution of each.

Being a private and secret agreement between the parties and not a commercial company such as a limited company, limited partnership, limited company... is regulated by the Civil Code, and the actions of the partners are individual against third parties, there is no legal personality.

Its general features are the following:

- It must be made up of two or more people.
- The birth of civil society is born when the pact is signed.
- It must have a common purpose for all and of a lawful nature.
- The common object has to be the achievement of a profit.
- All partners must participate in the profit and loss.
- It can have capitalist or industrial partners, contributing the first goods and money and the second work or industry.
- The partners pay taxes through the personal income tax individually and as autonomous, not the company as a whole.

Types of civil society

Depending on the organization, there are various types of civil society:

- Particular civil society: they aim at a specific and definite thing, such as the exercise of a profession, gathering fruits of work or an action.
- Universal society of all present assets: all present assets become the property of all partners, but not inheritance, donations and similar futures, although the fruits obtained with them.
- Universal society of all profits: the current and future assets that the members obtain from now on as well as their returns become common of all the partners.

Also according to the formalization, there can be different types of society:

- Public civil societies: it's constituted by a public document before a notary, which gives it a certain legal personality.
- Private civil societies: there is no legal personality as the agreements between private and secret partners.


See also:
Back to top

Home | About Us | Contact | Privacy Policy | Terms of Use

Copyright 2011 - 2019 - All Rights Reserved