Partnerships

• Sole Proprietorship

  It’s owned by one single individual, as a sole trade or a proprietorship, and Named after the name of the Owner. The owner may appoint employees and may delegate some of the management rights to them, except in cases of opening bank accounts...

• Limited Partnership

  Ownership:  -          The LLP consist of two or more persons, at least one of them shall be a General Partner and the other shall be a Lim...

• Partnership Company

  Its Consists of two or more persons called  “partners” and they shall be considered merchants. Name: Named after the name of its partners, followed by “Co”.  Should be named after a real & current partn...