natural person

(redirected from Natural persons)
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natural person

n. a real human being, as distinguished from a corporation which is often treated at law as a fictitious person.

natural person

a human being, as opposed to an artificial or legal person like a company.
References in periodicals archive ?
For the first time last year, the Public Revenue Office urged natural persons to register as VAT payers, but following the numerous public reactions, there were no penalties for those who did not comply with the obligation.
Likewise, the requirements for disclosing beneficial ownership of the companies held by foreign shareholders, other than natural persons, shall now be made part of the pattern of shareholding instead of financial disclosures.
The Public Debt Management Office said that the issue of six-year bonds of the Republic of Cyprus for natural persons would continue with the 11th series on November 1, 2016.
Kabil said that the amendments of the law include safeguards related to raising the minimum capital required for the registration of natural person companies from EGP 10,000 in the current law to at least EGP 500,000 in the new amendment.
6707A(b) prescribed stated dollar amounts for these penalties (for reportable transactions, $10,000 in the case of a natural person and $50,000 in any other case; for listed transactions, $100,000 for natural persons and $200,000 otherwise).
One or more shareholders are required, which can be legal or natural persons.
Ruling party GERB (Citizens for European Development of Bulgaria) has proposed the introduction of an absolute limitation period of ten years for debts of natural persons.
Members of the Parliament Daniyar Terbishaliyev and Elmira Jumaliyeva issued a draft law on bankruptcy of natural persons for a public discussion, which assigns the possibility of debt restructuring and financial rehabilitation of debtor.
The lifting of bank secrecy concerns legal and natural persons and companies subject to a detailed tax audit, and that according to Article 12 of the 2014 supplementary budget law.
The Policy provides coverage only for the activities of those workers who are natural persons.
The legal paradoxes in this section assume the real existence of geopolitical entities and natural persons.
In addition to insurance companies, the sales network also comprised 19 banks licenced for agency operations, 87 legal entities (insurance agency/brokerage), 105 insurance agents (natural persons - entrepreneurs), as well as 14,314 natural persons licensed to engage in insurance agency/brokerage.