Second: Persons' companies

These companies are called people's companies because they are based primarily and primarily on personal consideration, they usually create between a small number of people brought together by the relationship of kinship or friendship and each places their trust to the other so that the personality of each partner is considered the other partners, and given the importance of personal consideration in this type Of the companies, the company is originally dissolved with the death of one of the partners or by losing its eligibility or by withdrawing from the company, as it is not permissible for one of the partners to give up his share in the company except with the approval of all partners. All of them ask a personal and joint liability for all the debts of the company in their own liability, so their responsibility is not limited to the shares offered to the company, and these companies approach many civil companies that are also based on personal consideration, even if they are far away.About it in terms of joint liability for the partners, and under this type simple recommendation companies also enter, and the third and final type of these companies is joint venture companies, which is a hidden hidden company that does not exist except for the partners but it does not exist for others and on this it does not have the personality Moral and does not have capital or company title, and accordingly, the companies of the people are of three types: the Solidarity Company, the Limited Partnership Company and the joint venture company.

The documents required for incorporation

Required documents: (simple recommendation / solidarity)

1- A fixed date rental contract from the real estate registry

2- Receipt of a modern escort

3- The original national ID card valid for all partners

4- Power of attorney to establish companies from all partners

Minimum capital: none