General partnership

If you are planning to start a company with a partner, opting for the limited partnership is your best choice. It is easy to establish and requires no minimum capital.

A general partnership consists of two or more natural persons who together form a corporation to run a trade, manufacturing, or other commercial business. All partners are jointly liable, with no limitations towards the company's creditors.

target group Suitable one person companies
Requirements None
Amount of people
  • A minimum of two natural persons
Advantages
  • No capital requirements
  • Early withdrawal from pension fund possible
  • Fewer regulations and insurances
  • Several Shareholder
Disadvantages
  • Liability
  • No unemployment insurance
  • Image


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