Every corporate dispute has an individual basis, which happens to be a mix of both personal and business factors. The role of a lawyer is not only to design the structure of the company and the relationship between the partners so as to minimize the risk of a dispute, but also to alleviate it in the fastest and best possible way. Conducting a corporate dispute is not an end in itself. It cannot be permanent in nature. It is essential to mitigate it as quickly and efficiently as possible.
A limited partnership can be formed from the conversion of any partnership (general partnership, partnership and limited joint-stock partnership) and limited liability company (limited liability company and joint-stock company). It is also permissible to convert a civil partnership and an employment cooperative into a limited partnership. For sole proprietors, we prepare and support the process of establishing a limited partnership and making an enterprise as an in-kind contribution to this limited partnership.
In business, it is unfortunately not possible to completely eliminate disputes between different interest groups. From the point of view of the company and its shareholders, it is of the utmost importance to conduct the dispute that has arisen in the least onerous manner possible.
GLC’s legal team offers comprehensive legal services for the process of establishing limited partnerships and converting other companies into limited partnerships. This is possible thanks to the cooperation of attorneys, tax advisors, trainees and lawyers – specialists in business law, supported by a chartered accountant.
Every dispute is a waste of time and resources for the entrepreneur, so it must be ended as soon as possible. GLC experts help determine a strategy that will resolve the dispute at the least cost, not only financially, but also emotionally.
The limited partnership is an advantageous form of doing business – both in terms of reducing business risk and optimising taxes. It makes it possible, with the right legal structure, to exclude partners from personal liability and to avoid double taxation.