Commercial and corporate law are two important branches of private law that regulate commercial transactions and corporate relationships. Commercial law regulates the rights and obligations of traders and commercial transactions, while corporate law regulates the formation, operation and dissolution of commercial companies.
Commercial law
Commercial law deals with commercial transactions, i.e. transactions carried out between traders, or between traders and non-traders. Commercial transactions are, among others, the sale of goods, the provision of services, the execution of works, shipping, banking and financing.
Commercial law includes a series of rules that regulate the rights and obligations of traders and parties involved in commercial transactions. These rules concern, among other things, the interpretation of commercial contracts, liability arising from commercial transactions, commercial liability, and bankruptcy.
Corporate law
Company law regulates the formation, operation and dissolution of commercial companies. Commercial companies are legal entities created to carry out commercial transactions. The most common forms of commercial companies are:
- The Anonymous Company (S.A.)
- The Limited Liability Company (E.P.E.)
- The Private Capital Company (P.C.C.)
- The General Partnership (G. P.) and
- The Limited Partnership (L.P.)
Company law includes a series of rules regulating the rights and obligations of company members, the administration and management of companies, the relationship of companies with third parties, and the dissolution and liquidation of companies.
The importance of commercial and corporate law
Commercial and corporate law is fundamental to entrepreneurship. These rules provide legal certainty in commercial transactions and partnerships, contributing to the development of entrepreneurship and the economic development of the country.
In particular, commercial law:
- Provides traders with the necessary legal tools to conduct their trading activities safely and efficiently
- Protects the rights of consumers and other parties involved in commercial transactions
- It helps ensure the competitiveness of businesses
In particular, corporate law:
- Gives entrepreneurs the ability to organize their business activities in the way that best serves them
- Helps to avoid conflicts between the members of the companies
- Protects the interests of debtors and creditors of companies
Specialization in commercial and corporate law
Our law office has been handling Commercial and Corporate Law cases for over thirty-three years now. More specifically, our main areas of activity in commercial and corporate law are:
- Legal advice to foreign companies on the offered alternative forms for establishing companies in Greece
- Processing procedures for the registration of trademarks
- Collection of commercial claims with out-of-court actions, payment orders, lawsuits, bankruptcy proceedings, recognition and execution of decisions on behalf of Greek and foreign companies
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