What makes a company, a company?

The general characteristics of a company are:

  • it is a corporate body created by law
  • it has all the powers of an individual and a corporation
  • it can sue and be sued in its own right
  • it has officeholders (director(s), secretary(ies))
  • it has a registered office
  • it has member(s).

it has perpetual succession (i.e. it continues even if its members die or resign).