Thursday 9 October 2014

Joint stock companies

Joint stock companies (JSC) are another type of offshore and onshore incorporated companies. JSC company is a company owned by shareholders. The shares of the company may be in uneven amounts to different persons and may be transferred(or sold) at any time to any other person without any damage to the company. JSC are sometimes also regarded as unlimited companies, this abbreviation is mostly used in the UK.

Thursday 2 October 2014

The Commonwealth of nations

The Commonwealth of nations is an intergovernmental organisation with Queen Elizabeth II as the head of the organization and the head of the 53 member states. 16 of the 53 three states fall under the monarch of the queen Elizabeth and are also known as the Commonwealth realms. The the members of the organization are united by language history and culture, shared values of human rights and rule of law. There is no political obligation between any two member states. The commonwealth manages to span over one fourth of the total land area of the world. The members states together produce over 17% of the total Gross Domestic product of the world.