1. Corporate Law conducts the duties, rights and responsibilities of a legal person, that is, of companies of different types or sizes, in the application of the laws that govern actions and relations with the State, between corporations and between a legal person and a natural person.
Etymology: Straight, from Latin directus.+ Corporate, influenced by English corporate and the French corporateregarding the late Latin form corporativusregarding the ‘work of the body’, on the verb corporareof ‘working the body’, based on corpusfrom ‘body’, and the suffix -ivusdepending on the derivative meaning.
Grammatical category: masculine noun
in syllables: de-re-cho + cor-po-ra-ti-vo.
Corporate Law
Corporate law is the branch of law that focuses on companies and everything related to them from a legal point of view, that is, the different types of companies, the relationship of the company with consumers, the analysis of taxation or commercial contracting.
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 legal conflict that affects trade there is to 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 businesses or with international projection.
Areas of Corporate Law
A specialist in this branch of law can 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 feasibility of the company’s identity).
Each company can form a different type of company depending on its interests and business strategy, for which it is necessary to choose the most appropriate legal form (as an individual entrepreneur, in community of property, as a civil, collective or anonymous company). or limited liability company).
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 or joint administrators).
The choice of the commercial contract is equally key in the dynamics of a company and the corporate law professional must advise on which is the most convenient type of contract depending on the circumstances (purchase and sale contract, commercial lease, guarantee contracts or others). ).
Every mercantile company has the obligation to keep corporate books as a complement to the accounting activity. In this sense, there are the minute books of the assemblies or the session books in the boards of directors.
international corporate law
The business activity has an international projection. For this, the intervention of a legal professional who knows international corporate law is necessary. These professionals can carry out tasks on very diverse topics: exchange law, stock market law, maritime law, as well as legal issues related to customs activity, royalties or electronic commerce.
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