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Financial instruments are one way of providing assistance from the European Structural and Investment Funds. They support investments that are expected to be financially viable but have insufficient funding from market sources. They may take the form of capital investments, loans, guarantees or other risk-sharing instruments. Unlike grants, they represent a return form of assistance through them the final beneficiary can access the financing of economic activities on preferential terms. The specificity of financia...

The change of the social establishment in 1989 paved the way for the large groups of population to the entrepreneurship. The economic theory considers the entrepreneurship to be the basic tool for the economic development of every state. However, the main issue for every beginning entrepreneur is the choice of convenient legal form of entrepreneurship. General commercial partnership and limited partnership representing the types of personal trading companies have their origin in German and Austrian commercial law....