Archive for the ‘Partnership’ Category

The general partnership (Kollektivgesellschaft): A legal survey

Friday, February 26th, 2010
A general partnership is an association of persons, which normally has an economic purpose and operates a commercial business. Legal entities (e.g. AG or GmbH) are not allowed to join a general partnership. A general partnership is in many respects similar to a sole proprietorship (cf. post), with the difference ...

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Choosing the right legal form – two-person partnership – which legal form is best suited for a two-person partnership?

Monday, February 8th, 2010
Question: I am a tailor and I would like to set up my own business. I was thinking that it would be reasonable to share a studio with a partner in order to halve the costs for rent, machines etc. How could I set up such a partnership? Were do ...

How do I determine the name of my partnership?

Thursday, January 7th, 2010
Unless all partner's names are quoted, the firm name must include at least one partner's surname. In business relationships, this name has to be amended with an indication like "& Partners" or similar, so as to make the legal form recognisable. In addition to that, the firm name may include ...

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