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Features Concerning The Establishment of Authorized Individual and Family Firms

Author

Listed:
  • Claudia Isac

    (University of Petrosani, Romania)

Abstract

This paper presents recent legislative changes relating to the establishment and organization of small firms as: The individual firm, the family firm, Authorized individuals (PFA). Thus, in the first part of the paper I present the main features and advantages of the three types of firms, and a comparison between them. The paper continues with the necessary documents for setting up the companies and highlights their role in economic advances. In the second part of the paper, I did a statistical analysis of the evolution of the number of firms of this type and the sectors in which they operate.

Suggested Citation

  • Claudia Isac, 2014. "Features Concerning The Establishment of Authorized Individual and Family Firms," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(2), pages 127-132.
    • Handle: RePEc:pet:annals:v:14:y:2014:i:2:p:127-132
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    More about this item

    Keywords

    individual firm; family firm; authorized individuals;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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