Methods and standards / Concept Glossary / Individual businessperson

Concept selected: Individual businessperson

Definition

The trade code defines the trader as the person who has the legal capacity to practice trade and does so habitually.
Bearing in mind that apart from commercial activities, industrial, banking and transport activities, etc may also be carried out. the business person may be de-fined as a physical person who organises the necessary elements for the production of goods and services. Liberal professionals are excluded from this definition (lawyers, doctors, etc.).
Their registration in the mercantile register is obligatory. The following has to be recorded:
- their and their company's identification
- the issuing of bonds in other negotiable shares (when this is carried out)
- the suspension of payments and bankruptcy (if this occurs)
- the objective of their company
- the domicile of their establishment

Source

Surveys Mercantile Companies and Bankruptcy Proceedings

Topic

Statistical operations

(links to the Inventory of Statistical Operations)

Concepts associated

    There are no related concepts


Back     Print