Definition of Corporate Law

The right Corporate is the branch of law that focuses on companies and everything related to them from a legal point of view, it is that is, the different types of companies, the relationship of the company with consumers, the analysis of taxation or contracting trade.

From a historical perspective, Corporate Law comes from Roman Law, in which there was already a general principle that affected business or commercial activity: favor negotii (which means that in the case of a conflict that affects the trade, we must lean towards the position that favors the business itself).

Professionals in corporate law can work in the private sector or in the public sector and in relation to national or international businesses.

Areas of Corporate Law

A specialist in this branch of law may be commissioned to study and analyze the image of a company from a legal perspective. Thus, she will study the contents of the various messages of the entity (advertising, press releases or the viability of the identity company).

Each company can be formed into a different type of company depending on its interests and its business strategy, for which it is necessary to choose the most appropriate legal form (as an individual entrepreneur, in a community of assets, as a civil, collective or anonymous society or a company responsibility limited).

In commercial companies it is necessary to establish the responsibility of the administrators of said entities, which will depend on the type of administrator (sole administrator, joint administrators or jointly).

The choice of the commercial contract is equally key in the dynamics of a company and the corporate law professional has to advise on which It is the most convenient type of contract depending on the circumstances (sales contract, commercial lease, guarantee contracts or others).

Every commercial company has the obligation to keep corporate books as a complement to the accounting activity. In this sense, there are the minutes books of the assemblies or the session books in the councils of administration.

International corporate law

The business activity has an international projection. This requires the intervention of a legal professional who knows international corporate law. These professionals can perform tasks on very diverse topics: exchange law, securities law, maritime law, as well as legal issues related to customs activity, royalties or trade electronic.