Limited partnership must have one or more partners, which must be "together" liability as an unlimited number of actions for the partner had done. This type of partnership called partner unlimited liability. "Together."Limited liability partnership only can managing partner, partner categories that 2 is a partner, limitation of liability
If the business is not very large. You should choose the form of partnership which is, a popular form of, commercials. Because the way of establishing easier than Company Limited And use the cost less. I think Limited partnership that would. Be most suitable for a chain of coffee shop in a capital city. There is composed of one or more general partners and one. Or more limited partners.Profits from the business will be shared according to the agreement. The Limited Partnership has two kinds, of partners. And differences in the rights and liability.
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