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Evidencia 5 Summary Export-Import Theory
Evidencia 5 Summary Export-Import Theory
Evidencia 5 Summary Export-Import Theory
Export-Import Theory1
Ownership structure
1
Belay, S. (2009). Export-Import Theory, Practices, and Procedures. (2a ed.). New York: Routledge.
In this section, we examine different forms of business organizations: sole
proprietorships, partnerships, corporations, and limited liability companies.
Sole proprietorships
It is not about having the intention of being the sole owner of the
company in case of export and import, but there are companies that
use this method and they are sole proprietorships.
What legal form affords the most advantageous tax treatment for the
business concern and individual entrepreneurs?
Which legal structure is easy and less expensive to establish and subject
to a low degree of government regulation?
o Which legal structure is the most appropriate in light of the goals and
objectives of the export-import business? (Belay, 2009).
Words Meaning
Major Importante
Insurance Seguro
Recourse Recurso
Owner Dueño
Death Muerte
Liability Responsabilidad
However Sin embargo
Debts Deudas
Risk Riesgo
Disability Discapacidad
Taxed Gravado
Rate Velocidad
Section Sección
Lack Falta
Cover Cubrir
How to conduct an export and import business is very important for the
company considering the different types of business organizations, since,
the director controls all the export and import operations within the processes,
where individual owners are simple and low cost, thus, taking all the
decisions in front of the company. Individual companiesare governmental
and have a lower rate than the tax rate, thus carrying the responsibility of the
business.We know that each legal form in which the company has its legal
bases will apply different processes so you should know what to implement
to lead to have a greater knowledge and not have legal consequences
in the future in the environment, even with a single administrator or chief
immediately co-author of all legal aspects of health and taxes for better export or
import in order to provide the company with better quality and good recognition
internationally and to conquer or reach large countries for their advertising and
growth of the industry.
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