Enterprise concept
A corporation is defined as a legal entity established by a group of individuals or shareholders, and companies are a separate entity from their owners; It has most of the rights and responsibilities that individuals have; Such as concluding contracts, lending money, filing lawsuits, hiring employees, owning assets, and paying taxes

and its establishment requires a legal process called incorporation, in which legal documents containing the basic purpose of its establishment, its work, its name, and its location are guaranteed. The number of shares held, in addition to the types of shares issued.

The institution is characterized as having limited liability, meaning that the shareholders of the institution receive a percentage of the annual profits and have the right to increase the number of their shares, but they are not personally responsible for the debts of the institutions or their payment Providing financial returns to shareholders

according to their ownership percentage, while at other times created to achieve non-profit goals. This falls within charitable organizations specialized in social issues; as educational, religious or scientific purposes, and its revenues are used to achieve its goals

Enterprise Characteristics
The existence of goals and objectives that the institution works to achieve in order to meet social needs.
The durability of its structure is relatively.
Represented by a unified structure, so the institution operates as a single unit.
Derive their rights from some communities and affiliation with them.

company concept
A company is defined as a voluntary union of individuals established under laws and regulations for the achievement of a common social or economic purpose, and those purposes include: the promotion of charitable work, research, art, commerce, or business, where it enjoys rights Similar to any person in the state, financial obligations and the payment of taxes are also required.

Types of companies
Companies are classified into several different types according to several criteria, and the following is a set of bases for their classification and types based on that classification:

Types of companies according to legal liability: Companies are classified according to legal liability into the following:
Stock-listed companies.
Companies limited by guarantee.
Companies with unlimited liability.
Types of companies according to the number of members: Companies are classified according to the number of members into the following:

private companies.
public companies.
Types of companies according to control and management: Companies are classified according to control and management into the following:
Holding companies.

following companies.
Types of companies according to the basis of ownership: Companies are classified according to the basis of ownership into the following:
government companies.
Non-governmental companies.

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