Patrick-Didier Nukuri is our exclusively recommended Corporate Law expert in Burundi on the Advisory Excellence website. If you need assistance in this area, please contact Patrick-Didier directly using the contact details listed above.
Corporate law is the body of law governing the rights, relations, and conduct of persons, companies, organisations and businesses.
It refers to the legal practice relating to, or the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation. It thus encompasses the formation, funding, governance, and death of a corporation.
While the minute nature of corporate governance as personified by share ownership, capital market, and business culture rules differ, similar legal characteristics – and legal problems – exist across many jurisdictions. Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another. Whilst the term company or business law is colloquially used interchangeably with corporate law, business law often refers to wider concepts of commercial law, that is, the law relating to commercial or business related activities.
In some cases, this may include matters relating to corporate governance or financial law. When used as a substitute for corporate law, business law means the law relating to the business corporation, i.e. capital raising, company formation, registration, etc.