Definition of Factual Society

To the think In a society the first thing that comes to mind is the meeting and coexistence Thus, the main characteristic of a society is the grouping of two or more individuals in order to achieve a goal. Since the human being needs to meet many needs, the objectives can be both social, economic and political.

Why a "de facto" society?

One of the most common distinctions regarding any type of action is that of: de facto-fact and de jure, these two classifications determine when an element acts in accordance with the law and when, on the other hand, it acts without legal recognition but with equal validity. So, a de facto society is one that de facto brings together a group of people in order to achieve a goal, and without any explicit contract that stipulates the rules in the association; but that will not appear in the administration as a company, just like the anonymous, collective ...

The agreement between the people who constitute it is consensual and without any type of legal-administrative procedure

Although this status of a '' de facto '' society does not concern any specific legal order for the group, it does the state administration takes them into account and regulates them by applying some '' rules of the game '' to this society of done.

Particularities of de facto society

The de facto companies, without being attached to any type of mercantile society, they themselves at the end of the day become the same type, with its consequent characteristics:

-A partner who forms the company can choose to dissolve the company when he pleases and without consensus.

- The representation of the company can be carried out by any partner.

- They have a limited capacity insofar as they are prohibited from having real or personal property in their name.

Why choose a de facto partnership?

When constituting a de facto company, we face several difficulties such as difficult access to external financing, the prohibition of having assets in your name, but nevertheless, many other advantages favor the creation of these companies.

Among them the most important and the one that usually decants balance is the easy registration, which in a totally bureaucratized world, reduces expenses exponentially and encourages the creation of these companies without the need to have a great capital. And finally, given the lack of legal-administrative support, this society has more Liberty with respect to schedules, regulation or state control.

Photos: iStock - yuoak / Christopher Futcher