If you have a few extra coins lying around and do not want to invest in shares or in a fixed deposit, you can decide to invest in businesses. Such investments can take a variety of forms, depending on your level of commitment, level of expertise and decisions about your level of involvement within the [...]
A partnership is a business structure involving more than 2 people who distribute income or losses between themselves. There are three main types of partnerships – (1) general partnership (2) limited partnership (3) incorporated limited partnership. Partnerships (2) and (3) can only be formed by registering the entity, while partnership type (1) can be implied [...]
A common mode of entering into a new business with co-investors/partners is through the establishment of a new proprietary limited company in which each party holds shares equivalent to their proportional ownership. But what rules govern the interaction between the new business partners and what rights do they have in the operation of the company [...]
Many of our clients are immensely passionate about their business, have invested their life’s savings and have years of experience within their respective industries. Frequently, their business relationships with various stakeholders evolve as they form crucial business partnerships or joint ventures with complementary businesses. When parties come together in such instances, we usually insist that [...]
