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Glossary

Glossary

Entrepreneur

Entrepreneur is a person who is authorized to carry out a business, or is registered in the Commercial Register.

Entrepreneur - according to the definition contained in § 2 of the Commercial Code. A business is defined as a systematic business activity conducted by an entrepreneur independently in his own name and on is own responsibility for profit. Second paragraph contains an additional criterion, making the list of four groups of entrepreneurs:

Entrepreneur is any person registered in the Commercial Registry - commercial companies, cooperatives, other legal persons as provided by law and foreign persons. According to § 3 paragraph 2, a natural person may be registered in Commercial Registry at his own request.

  • entity running a business under a trade license
  • entity running a business on the basis of other than trade license
  • natural person engaged in agricultural production by optional rules

Entrepreneur is not a person who carries out a particular profession as an employee or as a companion of commercial company - does not carry it independently. With regard to the representation of another legal entity, our legislation does not solve the problem, whether an agent is an entrepreneur. On the one hand, defines the business, on the other hand, sees entrepreneurs as well as those who represent another (agency agreement, contract of commercial representation are regulated as relations between businessmen).

Summary: Entrepreneur is a person who is authorized to carry out a business, or is registered in the Commercial Register. It should be noted, however, that a joint-stock company and Ltd. can be established without the business objective. They are registered in the Commercial Registry - they are entrepreneurs by legal form.

Setting up a company

ARSY line - creation of websites and e-shops