
CONCEPT OF COMMERCIAL ORGANIZATIONS THEIR TYPES AND ACTIVITIES
Abdibaeva Jamila Aqpolat qizi , student of Karakalpak state university named after Berdakh, Faculty of LawAbstract
This article provides a comprehensive overview of the concept, types, and activities of commercial organizations. It discusses the role of commercial legal entities in economic development, emphasizing that they are established and operate with the primary aim of generating profit. The article explores the legal foundations and organizational forms of commercial entities in the Republic of Uzbekistan, such as limited liability companies, additional liability companies, and joint-stock companies. It also compares these with the common legal structures used in foreign countries, particularly the United States and the United Kingdom. The comparative analysis highlights the importance of studying international practices and legal frameworks to create effective business models and implement innovations.
Keywords
Commercial organizations, legal entity, profit, limited liability company (LLC), joint-stock company (JSC), business partnership, capital consolidation, international experience, legal forms
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