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<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE rdf:RDF [
	<!ENTITY cmns-av "https://www.omg.org/spec/Commons/AnnotationVocabulary/">
	<!ENTITY dct "http://purl.org/dc/terms/">
	<!ENTITY fibo-be-le-lp "https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/">
	<!ENTITY fibo-be-oac-opty "https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/OwnershipParties/">
	<!ENTITY fibo-be-sps-sps "https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/">
	<!ENTITY fibo-fnd-law-lcap "https://spec.edmcouncil.org/fibo/ontology/FND/Law/LegalCapacity/">
	<!ENTITY fibo-fnd-oac-oac "https://spec.edmcouncil.org/fibo/ontology/FND/OwnershipAndControl/OwnershipAndControl/">
	<!ENTITY fibo-fnd-pty-rl "https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Roles/">
	<!ENTITY fibo-fnd-rel-rel "https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/">
	<!ENTITY fibo-fnd-utl-av "https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/">
	<!ENTITY owl "http://www.w3.org/2002/07/owl#">
	<!ENTITY rdf "http://www.w3.org/1999/02/22-rdf-syntax-ns#">
	<!ENTITY rdfs "http://www.w3.org/2000/01/rdf-schema#">
	<!ENTITY skos "http://www.w3.org/2004/02/skos/core#">
	<!ENTITY xsd "http://www.w3.org/2001/XMLSchema#">
]>
<rdf:RDF xml:base="https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/"
	xmlns:cmns-av="https://www.omg.org/spec/Commons/AnnotationVocabulary/"
	xmlns:dct="http://purl.org/dc/terms/"
	xmlns:fibo-be-le-lp="https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/"
	xmlns:fibo-be-oac-opty="https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/OwnershipParties/"
	xmlns:fibo-be-sps-sps="https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/"
	xmlns:fibo-fnd-law-lcap="https://spec.edmcouncil.org/fibo/ontology/FND/Law/LegalCapacity/"
	xmlns:fibo-fnd-oac-oac="https://spec.edmcouncil.org/fibo/ontology/FND/OwnershipAndControl/OwnershipAndControl/"
	xmlns:fibo-fnd-pty-rl="https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Roles/"
	xmlns:fibo-fnd-rel-rel="https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/"
	xmlns:fibo-fnd-utl-av="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/"
	xmlns:owl="http://www.w3.org/2002/07/owl#"
	xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#"
	xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#"
	xmlns:skos="http://www.w3.org/2004/02/skos/core#"
	xmlns:xsd="http://www.w3.org/2001/XMLSchema#">
	
	<owl:Ontology rdf:about="https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/">
		<rdfs:label>Sole Proprietorships Ontology</rdfs:label>
		<dct:abstract>This ontology defines the fundamental concepts for representing sole proprietorships -- i.e., organizations that are owned by an individual that is responsible for the liabilities of the organization.</dct:abstract>
		<dct:license rdf:datatype="&xsd;anyURI">http://opensource.org/licenses/MIT</dct:license>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/OwnershipParties/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Law/LegalCapacity/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/OwnershipAndControl/OwnershipAndControl/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Parties/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Parties/Roles/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/"/>
		<owl:imports rdf:resource="https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/"/>
		<owl:versionIRI rdf:resource="https://spec.edmcouncil.org/fibo/ontology/BE/20230101/SoleProprietorships/SoleProprietorships/"/>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20160201/SoleProprietorships/SoleProprietorships.rdf version of this ontology was modified per the FIBO 2.0 RFC.</skos:changeNote>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20180801/SoleProprietorships/SoleProprietorships.rdf version of this ontology was modified to use natural person rather than legally capable person.</skos:changeNote>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20181101/SoleProprietorships/SoleProprietorships.rdf version of this ontology was modified to eliminate a redundant subclass relationship, enhance ownership relations, and revise definitions to be ISO 704 compliant.</skos:changeNote>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20200601/SoleProprietorships/SoleProprietorships.rdf version of this ontology was modified to eliminate unnecessary references to external sources.</skos:changeNote>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20210301/SoleProprietorships/SoleProprietorships.rdf version of this ontology was modified to make sole proprietorship a subclass of legal person.</skos:changeNote>
		<skos:changeNote>The https://spec.edmcouncil.org/fibo/ontology/BE/20220101/SoleProprietorships/SoleProprietorships.rdf version of the ontology was modified to use the Commons Ontology Library (Commons) Annotation Vocabulary rather than the OMG&apos;s Specification Metadata vocabulary.</skos:changeNote>
		<fibo-fnd-utl-av:hasMaturityLevel rdf:resource="&fibo-fnd-utl-av;Release"/>
		<cmns-av:copyright>Copyright (c) 2016-2023 EDM Council, Inc.</cmns-av:copyright>
		<cmns-av:copyright>Copyright (c) 2016-2023 Object Management Group, Inc.</cmns-av:copyright>
	</owl:Ontology>
	
	<owl:Class rdf:about="&fibo-be-sps-sps;SoleProprietor">
		<rdfs:subClassOf rdf:resource="&fibo-be-oac-opty;EntityOwner"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-rel-rel;hasIdentity"/>
				<owl:onClass rdf:resource="&fibo-be-le-lp;LegallyCompetentNaturalPerson"/>
				<owl:qualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">1</owl:qualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-be-oac-opty;hasInvestmentEntity"/>
				<owl:someValuesFrom rdf:resource="&fibo-be-sps-sps;SoleProprietorship"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-pty-rl;isPlayedBy"/>
				<owl:someValuesFrom>
					<owl:Restriction>
						<owl:onProperty rdf:resource="&fibo-fnd-oac-oac;ownsAndControls"/>
						<owl:someValuesFrom rdf:resource="&fibo-be-sps-sps;SoleProprietorship"/>
					</owl:Restriction>
				</owl:someValuesFrom>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>sole proprietor</rdfs:label>
		<skos:definition>party that owns a business, has the rights to all profits from that business and is considered a single entity (unincorporated) together with that business for tax and liability purposes</skos:definition>
		<cmns-av:explanatoryNote>A sole proprietor has unlimited liability with respect to any business debts.</cmns-av:explanatoryNote>
		<cmns-av:synonym>sole owner</cmns-av:synonym>
		<cmns-av:synonym>sole trader</cmns-av:synonym>
	</owl:Class>
	
	<owl:Class rdf:about="&fibo-be-sps-sps;SoleProprietorship">
		<rdfs:subClassOf rdf:resource="&fibo-be-le-lp;BusinessEntity"/>
		<rdfs:subClassOf rdf:resource="&fibo-be-le-lp;LegalPerson"/>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-oac-oac;isOwnedAndControlledBy"/>
				<owl:onClass rdf:resource="&fibo-be-le-lp;LegallyCompetentNaturalPerson"/>
				<owl:qualifiedCardinality rdf:datatype="&xsd;nonNegativeInteger">1</owl:qualifiedCardinality>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:subClassOf>
			<owl:Restriction>
				<owl:onProperty rdf:resource="&fibo-fnd-law-lcap;hasCapacity"/>
				<owl:someValuesFrom rdf:resource="&fibo-fnd-law-lcap;LiabilityCapacity"/>
			</owl:Restriction>
		</rdfs:subClassOf>
		<rdfs:label>sole proprietorship</rdfs:label>
		<skos:definition>unincorporated business owned by a single person</skos:definition>
	</owl:Class>

</rdf:RDF>