The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs.

After 1997 the park has been managed by the city of Cadorago, and in early 2000 a consortium with elected managers was established to operate the park.

The airline was established in 1998 as an air taxi company to operate services for oil companies in the Campos Basin.

Sawmills were established to operate by water power at the streams.

It was established to operate in the central departments of Meta, Guaviare, and Caqueta.

It was established to operate in the southern departments of Putumayo and Caqueta.

In 1990, the Australian Naval Aviation Museum Foundation was established to operate the museum.

In 1985, the McPherson Museum and Arts Foundation was established to operate the museum.

In 1990, Rocket System Corporation was established to operate the launch missions after the rockets' completion.

It was established by the Sri Lankan government to operate services to India and the Middle East.