Definition of Legal Regime

A legal regime is the set of legal guidelines through which an activity is organized. These guidelines are specified in legal norms, which are all those laws or regulations that are based on the power of the state and that are based on a certain procedure. The general purpose of the rule Legal is to regulate some aspect of life (business activity, couple relationships or the association of individuals).

In other words, each area of ​​society is arranged in a type of legal regime. In this sense, it is possible to speak of the legal regime of very diverse matters: of the administration, foreign trade, immigration, patronage, work activity or data protection. It is considered that any social area must be subject to a legal regime so that there is no legal lack of protection in each of the areas or sectors.

Obviously, the concept of legal regime depends on the laws in force that affect a sphere of society and in the event that If there were no laws in relation to a specific issue, the established jurisprudence would be applied to avoid a legal vacuum.

The general principle of the legal regime

In the legal system of most nations it is established that the law and the right They are the essential aspects of the legal regime. This means that the principle of legality It is the fundamental concept that should govern life in society.

The legal regime of companies

Each company is different in its volume, in its sector or with respect to its strategy commercial. These circumstances make it necessary to frame each company within a specific legal regime. The choice of one legal form or another is essential to guarantee the proper functioning of a company and there are very diverse aspects that must be assessed (taxation, the people involved wave responsibility of the partners that comprise it).

The most typical regimes one observes

The most common legal regimes in the business world are the following: the community of property, the limited society, the anonymous society and the collective society. This means that a company has a legal personality own with some ends, as well as some rights and obligations. For this reason, when starting a business activity, all kinds of economic circumstances must be assessed, but the relevance of choosing the most suitable legal regime must not be ignored.