They are those organizations that belong to private investors, generally these organizations are made up of a group of partners, although there are cases where the total ownership of the company is of a single investor. These companies are usually the fundamental pillar of a country's economy and work in parallel with state (public) companies.
There are several types of private companies among which we find sole proprietorships, these are owned by a single shareholder, therefore, this will be solely responsible for responding for the debts acquired from your company. Associations are another type, which is characterized because it is made up of a partnership of two or more people and consequently all partners are responsible for the debts of the organization. The corporation is a legal person, created by natural persons to carry out a certain activity, they have privileges and responsibilities different from their shareholders.
These companies are of great importance for the development of a country, this is because these organizations generate income to the State through taxes, which are calculated based on the income that the company obtains at the time of selling its products in the country. market. Throughout history these companies have managed to expand to the different markets of the economy such as the services area (gas, transport, electricity), this in some cases is usually counterproductive, since the costs of the different services tend to rise since unlike public companies these only seek monetary benefit.
