Glossary entry (derived from question below)
Portuguese term or phrase:
sociedade unipessoal anónima)
English translation:
single person public limited company
Added to glossary by
ndengue
Dec 28, 2022 10:53
1 yr ago
25 viewers *
Portuguese term
sociedade unipessoal anónima)
Portuguese to English
Law/Patents
Other
This is a letter following an acquisition of interest on a block belonging to an oil company
Na sequência da aquisição da totalidade do capital social da sociedade A., então detentora de 5% de interesse participativo no Bloco XX pela Empresa B esta, por conseguinte, procedeu à transformação da natureza jurídica (de sociedade anónima para sociedade unipessoal anónima), alteração da denominação social, e da sua sede estatutária.
Na sequência da aquisição da totalidade do capital social da sociedade A., então detentora de 5% de interesse participativo no Bloco XX pela Empresa B esta, por conseguinte, procedeu à transformação da natureza jurídica (de sociedade anónima para sociedade unipessoal anónima), alteração da denominação social, e da sua sede estatutária.
Proposed translations
(English)
Proposed translations
+3
1 hr
Selected
single person public limited company
Sociedade anónima is the equivalent term of public limited company. SAs status is a prerequisite of listing on the Lisbon / and Luanda Stock Exchanges. Public limited company status is a prerequisite of listing on the London Stock Exchanges.
4 KudoZ points awarded for this answer.
Comment: "Thank you All"
+2
23 mins
single-member limited company
Acrescentaria "limited"
Peer comment(s):
agree |
Camila Parreiras Eugênio
: Concordo. https://uk.practicallaw.thomsonreuters.com/3-107-7266?transi...
1 hr
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Thank you!!
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agree |
Clauwolf
2 hrs
|
Thank you!!!
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neutral |
Seth Phillips
: A single-member limited company would be the equivalent of Sociedade Unipessoal de Responsabilidade Limitada, which is different from Sociedade Unipessoal Anónima.
3 hrs
|
neutral |
Mark Robertson
: The missing "anónima" changes things
5 hrs
|
-1
30 mins
sole/lone trader
Apparently, "sole trader" is the technical term used in EN-GB.
Types of Business Structure (UK Company Formation)
The applicant must first choose the best business structure for establishing the company as in the UK. In the UK, the following company structure types are available:
If you're a sole trader, you run your own business as an individual and are self-employed. You can keep all your business's profits after you've paid tax on ...
https://www.gov.uk/set-up-sole-trader
Lone Trader: As the name suggests, a sole trader is an individual who runs their own firm. A lone proprietor has unrestricted liabilities. As a result, the applicant before beginning the process of registering as a sole trader, should examine the quantity of his own liability. https://vakilsearch.com/incorporating-a-company-in-united-ki...
Types of Business Structure (UK Company Formation)
The applicant must first choose the best business structure for establishing the company as in the UK. In the UK, the following company structure types are available:
If you're a sole trader, you run your own business as an individual and are self-employed. You can keep all your business's profits after you've paid tax on ...
https://www.gov.uk/set-up-sole-trader
Lone Trader: As the name suggests, a sole trader is an individual who runs their own firm. A lone proprietor has unrestricted liabilities. As a result, the applicant before beginning the process of registering as a sole trader, should examine the quantity of his own liability. https://vakilsearch.com/incorporating-a-company-in-united-ki...
Peer comment(s):
agree |
Douglas Bissell
: sole trader
34 mins
|
Thanks, Douglas.
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neutral |
Mark Robertson
: A sole trader has no corporate legal personality, i.e. it has no existence separate from the corresponding natural person. A sociedade anónima unipessoal exists independently of its shareholder, so the owner, can change, but the company remains the same.
1 hr
|
disagree |
philgoddard
: This is wrong - you can't just ignore "sociedade" and "anónima".
2 hrs
|
disagree |
Adrian MM.
: It's sole proprietor/ship in AmE. In BrE a sole trader may - legalistically & contrary to Mark R.'s narrative - be an 'entity' with separate a/cs, arguably create a 'floating charge' over the sole trade (assets) & make an 'assignment of book debts'.
1 day 8 hrs
|
10 mins
single-member company
Sorry, this seems to be the proper term.
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Note added at 1 hr (2022-12-28 12:24:47 GMT)
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A few search results with this term:
https://www.google.com/search?client=firefox-b-d&q=single-me...
Other variants: Single Member Limited Liability Company.
Another reference:
https://www.irs.gov/businesses/small-businesses-self-employe...
I hope it helps!
--------------------------------------------------
Note added at 1 hr (2022-12-28 12:24:47 GMT)
--------------------------------------------------
A few search results with this term:
https://www.google.com/search?client=firefox-b-d&q=single-me...
Other variants: Single Member Limited Liability Company.
Another reference:
https://www.irs.gov/businesses/small-businesses-self-employe...
I hope it helps!
Peer comment(s):
neutral |
Mark Robertson
: A sociedade anónima is one of several different types of company.
6 hrs
|
Entendo. Agradeço pela explicação!
|
3 hrs
Portuguese term (edited):
sociedade unipessoal anónima
Single-shareholder corporation / sole-shareholder corporation)
A sociedade anónima is a corporation. Multiple Spanish-speaking jurisdiction also have a Sociedad Anónima unipersonal.
And to quote Rebecca Jower:
Sociedad Anónima unipersonal (S.A.U.) → Single-shareholder corporation
"La Sociedad Anónima Unipersonal (SAU) es una forma de constituir una empresa de carácter mercantilista. Su principal característica es que dispone únicamente de un socio (puede ser una persona física o una persona jurídica)."
https://www.plusultra.es/canal/autonomos-pymes/post/que-es-u...
And to quote Rebecca Jower:
Sociedad Anónima unipersonal (S.A.U.) → Single-shareholder corporation
"La Sociedad Anónima Unipersonal (SAU) es una forma de constituir una empresa de carácter mercantilista. Su principal característica es que dispone únicamente de un socio (puede ser una persona física o una persona jurídica)."
https://www.plusultra.es/canal/autonomos-pymes/post/que-es-u...
Reference:
https://www.plusultra.es/canal/autonomos-pymes/post/que-es-una-sociedad-anonima-unipersonal-sau
2 days 2 hrs
sole proprietorship
This is the legal term at South African Company Law. A sole proprietorship is the simplest form of business structure in South Africa and many small businesses operate as sole proprietors. One person (“the proprietor”) owns and manages the business and is responsible for all business transactions.
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