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Features Concerning The Establishment of Authorized Individual and Family Firms

Claudia Isac ()
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Claudia Isac: University of Petrosani, Romania

Annals of the University of Petrosani, Economics, 2014, vol. 14, issue 2, 127-132

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.

Keywords: individual firm; family firm; authorized individuals (search for similar items in EconPapers)
JEL-codes: E00 E60 (search for similar items in EconPapers)
Date: 2014
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