FORMS OF OPERATING A PHARMACY AS A COMPANY: WHICH LEGAL STATUS TO CHOOSE?

Introduction: New pharmacist entrepreneurs are increasingly wondering about the choice of company statuses most suited to their pharmacies. This is why we carried out this work, the objective of which was to study the forms of companies authorized for the operation of a pharmacy. Methodology: We carried out a documentary review of legal works on companies and commerce, followed by consultation of websites. Results/Discussion: The owner of a pharmacy operated as a sole proprietorship is indefinitely liable for the debts of the pharmacy on his own property. This legal form favors the immediate. As for the general partnership (GP), all partners must be pharmacists, and must be jointly and severally liable for their personal assets. The separation of one of the partners is very delicate, and the transfer of shares requires the agreement of all the partners. Regarding the limited liability company (LLC), all partners must be pharmacists. One of the partners is appointed to act as manager for a period provided for in the company's statutes. If you wish to develop your pharmacy in the future, it is best to directly create an LLC. Conclusion: The sole proprietorship favors the immediate and the general partnership would not be the best form. There is no perfect company for operating a pharmacy, but the limited liability company would be the best answer for young pharmacists.