The law firm operating under GLC provides legal advice in the process of setting up limited partnerships. It also provides support in converting existing entities into the form of limited partnership.
Limited partnership is in practice an interesting form of business, both in terms of reducing business risk and tax optimization. Limited partnership allows, with the appropriate legal framework, to remove any personal responsibilities and double taxation from business partners.
Limited partnerships – the scope of GLC offer includes:
A limited partnership may arise from the transformation of each personal partnership, i.e. General partnership, professional partnership or limited joint-stock partnership, as well as association of capital (i.e. limited liability companies and joint-stock company). It is also acceptable to transform civil partnership and work cooperative into a limited partnership.
In the case of business activity, we prepare and support the process of creating a limited partnership and bringing the company as a non-monetary contribution into the limited partnership.
GLC legal team offers complex services in the process of setting up limited partnership and transforming other partnerships into limited partnerships. Cooperation consisting of an attorney, tax advisors, apprentices and lawyers specialized in economic law and tax optimization, with the help of an auditor ensure the best service quality.
The benefits of a limited partnership:
With GLC experts, the process of transforming the partnership into a limited partnership can be easier, safer and bring tax benefits.