Glossary entry (derived from question below)
Spanish term or phrase:
sociedad unipersonal
English translation:
sole proprietorship
Added to glossary by
P Forgas
Jan 3, 2002 12:31
22 yrs ago
24 viewers *
Spanish term
sociedad unipersonal
Non-PRO
Spanish to English
Other
sociedad unipersonal
Proposed translations
(English)
4 | sole proprietership | Gilbert Ashley |
4 +2 | single-member company / "one man" company | Serge L |
5 | Limited liability company with a single shareholder | Lobosolitario |
Proposed translations
1 hr
Selected
sole proprietership
or: simple partnership
2 KudoZ points awarded for this answer.
+2
28 mins
single-member company / "one man" company
HTH,
Serge L.
Serge L.
3848 days
Limited liability company with a single shareholder
The difference between this and a sole proprietorship is a matter of liability - in a sole proprietorship the owner is personally responsible for all the debts of the company, whereas a sociedad unipersonal is a limited liability company, with the proviso that all of its shares are owned by a single person (or company).
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Note added at 3848 days (2012-07-18 06:31:40 GMT) Post-grading
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This refers to Spain only - the definition may vary for other Spanish-speaking countries
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Note added at 3848 days (2012-07-18 06:31:40 GMT) Post-grading
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This refers to Spain only - the definition may vary for other Spanish-speaking countries
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