Association / Organization
Corporate law refers to the legal framework and regulations that govern the formation, organization, operation, and dissolution of corporations or companies. It encompasses a broad range of legal principles and rules that guide the conduct of corporate entities, their shareholders, directors, officers, and other stakeholders.
The primary objectives of corporate law are to establish a legal structure that facilitates the creation and operation of businesses, ensures transparency, protects the interests of shareholders and stakeholders, and promotes corporate accountability. Corporate laws vary from one jurisdiction to another, as they are typically based on the legal system and regulations of a specific country.
A professional association (also called a professional body, professional organization, or professional society) is usually a non-profit organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.