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Sociedad en Comandita Simple

The " Sociedad en Comandita Simple " (Company in Simple Silent Partnership also known as a Limited Partnership), is a company in firm name or trade name (including all the names of the "comanditados" partners), and which consists of one or more "comanditado" partners that respond with ancillary/subsidiary, unlimited and joint responsibility for the company obligations and one or more "comanditario" partners that are solely responsible for the payment of their portions attributed to the company.

The company capital/ownership is not represented by negotiable instruments, instruments payable to the order of a person (stock) or bearer instruments (stock), and which company parts have restricted transferability.

This company type description (at the end of the company name)can be abbreviated by the letters "S. en C.S.". This type of company is a personal type company.

 

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