1- What is legal entity?

Legal entity is a person or a community of commodities that are established with a specific purpose and have an independent legal personality, also the power to possess right, commodity and debt.

2- Which commodities can be given as the examples of legal entities?

Limited Companies

Joint-stock companies

Associations

Foundations

Cooperatives

Unions

Political Parties

Sports Clubs

3-Who represents legal entities?

Real people, who compose the above mentioned legal entities, were chosen and represent the legal entities within a specific frame.

4- How Legal entities are composed?

The real people who compose legal entities come together with a common purpose and they apply to the proper authorities and the community is shaped in the eyes of law.

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