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Every legal structure identified here has certain features, and is suitable for achieving certain business objectives under given economic circumstances. Legal entities that are non-profit organizations can be established in a form of customers' cooperatives, public or religious organizations (associations) maintained by their owner, charitable funds and other funds and also in forms provided by the law. Making business in a form of special partnership does not require establishing a legal entity (Articles 1041 to 1053 of the Civil Code of the RF). The table below presents the comparative characteristics of types of ownership. It is advisable for an entrepreneur while choosing an appropriate type of ownership to analyze how available types of ownership correspond with his aims, goals and presumed business conditions (see tables below). This can be done with the help of tables provided hereafter by applying a qualitative method. Commercial organizations that form a legal entity have the right to establish controlled firms, set up and join corporate associations30. This way the law gives businesses the right to set up subsidiaries and controlled companies, holding companies and financial and industrial groups.


The classification of organizational legal structures shall be distinguished from classification based on the economic criteria that are business priorities, centralization principles of production, economic, commercial functions, distribution of powers between participants of an association. From an economic point of view businesses are classified into concerns, cartels, syndicates, pools, consortiums etc. The goals of associations may be achieved through establishing of a certain legal structure: a holding, financial and industrial group, association (union), noncommercial partnership, special partnership.


1. STATE AND MUNICIPAL AUTHORITIES IN ST. PETERSBURG In St. Petersburg the system of state authorities was formed which has statutory object...