What is a Company?
A company is a legal person established under the provisions of the Companies Law (Cap. 113), for conducting any legal activity. It is an independent legal entity. In other words, it is a distinct and separate person from the persons who establish or manage it. Therefore, the members of the company are not personally liable for its debts or for any other obligations of the company and no action can be brought against them by the company’s creditors.
There are five (5) different types of companies that you can register.
For more details please refer to the initial and relevant obligations of a company.