In legal parlance, the owners of a company are normally referred to as the "members".
In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders.
Companies are also sometimes distinguished for legal and regulatory purposes between public companies and private companies.
Private companies do not have publicly traded shares, and often contain restrictions on transfers of shares.
In some jurisdictions, private companies have maximum numbers of shareholders.
Countries have different laws that may ascribe different rights to the various business entities.
The word "business" can refer to a particular organization or to an entire market sector (for example, "the finance business" is "the financial sector") or to all economic sectors collectively ("the business sector").
In a company limited by guarantee, this will be the guarantors.
Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions.Businesses may also be social nonprofit enterprises or state-owned public enterprises operated by governments with specific social and economic objectives.A business owned by multiple private individuals may form as an incorporated company or jointly organized as a partnership.A company or association of persons can be created at law as legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail) to discharge their duty within the publicly declared "birth certificate" or published policy.Because companies are legal persons, they also may associate and register themselves as companies – often known as a corporate group.When the company closes it may need a "death certificate" to avoid further legal obligations.