Partnership

A partnership is a business firm formed by two to 20 partners. Once there are more than 20 partners, the partnership must be registered as a company under the Companies Act, Chapter 50. A partnership is not a separate legal entity and therefore partners have unlimited liability. Partners can be personally liable for a partnership’s debts and losses incurred by other partners.

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Europe Focus March 2019

Welcome to Europe Focus bringing you news and opinions from Sovereign’s offices across Europe covering our range of products…

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