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Glossary

Glossary

Firm

The firm is the name under which the company is incorporated and which therefore must be used in your business.

The term firm is commonly used as a synonym for the term enterprise or business company, although it may not always be the same (a physical person can possess a firm, if it is registered in the Commercial Register. The firm consists of a core name and of amendments. Appendix as a designation forms company (LLC or JSC).

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