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Research draft

partnership

vr.tr.partnership · SOC.ORG

Let an agent explain partnership forms and their legal features, support choosing and setting up a partnership in general terms, describe governance and dissolution, and separate other senses.

Thing Registry Society, people and institutions

Research draft, second pass

A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.

written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify

Researched by: Claude

Purpose and description

Let an agent explain partnership forms and their legal features, support choosing and setting up a partnership in general terms, describe governance and dissolution, and separate other senses.

A form of business organisation in which two or more persons or entities carry on a business together and share its profits, losses and management, including general and limited partnerships, limited liability partnerships, joint ventures and European economic interest groupings; partnerships are governed by partnership agreements and by national or EU law, and partners may bear personal liability depending on the form.

What it is for: Doing business jointly.

It can be explain partnership forms; compare with companies; outline setup, governance and dissolution; separate other senses.

Distinguishing features

Joint business

Shared profits and control

Liability varies by form

Agreement-based

What it looks like

Not physical; a legal business form.

How it is recognised

Two or more persons carrying on business together

Shared profits and management

A company is a separate legal person with shareholders

Related models

is a kind of - category

privately held company

is a kind of - category

private company

is related to - the members

business partner

is related to - contrasting form

corporation

In practice

Families and kinds

general partnerships

limited partnerships

limited liability partnerships

joint ventures

European economic interest groupings

Standards and regulation

Partnership acts and civil codes

EU regulation on European economic interest groupings

Tax rules for partnerships

Failure modes and hazards

Unlimited personal liability

Disputes and deadlock

Agents giving legal or tax advice

Also called

joint ventureEuropean economic interest groupingextension serviceEuropean economic interest groupEuropean Economic Interest GroupingEuroopa majandushuviühingEuropeisk økonomisk foretaksgruppeEuropäische wirtschaftliche InteressenvereinigungKommanditgesellschaftOffene Handelsgesellschaftgeneral partnershiplimited partnershipgōshi gaishagōmei gaishaPersekutuan KomanditerSE & Co. KGAG & Co. KGB.V. & Co. KGlimited liability partnershipdata collaborativeclose corporationphilanthropic partnershipRocca BrothersinteressentskabPublic-Common PartnershipSole ProprietorshipsEinzelunternehmerEinzelkaufmannUnlimited Proprietary Companysingle-person private limited liability companyassociate partnerSociété simpleCross-Sector PartnershipsPartnerschaftsgesellschaftPartnerschaftsgesellschaft mit beschränkter Berufshaftungcommandite companyPartenreedereiLocal Nature Partnershipkumpanstvocivil law partnership

+32

Where this came from

wikidata · CC0 1.0

Drafted structure

Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.

Forms Kinds of partnership.

Legal forms.

Types

Forms and liability.

Types

Forms.

  1. Which partnership forms exist here, and how do liability, tax and registration differ? provenance
  2. What is a European economic interest grouping? definition

Compare

Partnership versus company.

Compare

Comparison.

  1. How does a partnership compare with a company for this venture? boundary
  2. Is the user seeking legal or tax advice, which needs a professional? boundary
Setup Forming a partnership.

Steps.

Steps

Formation steps.

Steps

Formation.

  1. What steps are needed to form and register a partnership here, in general terms? provenance
  2. What should the agreement cover? action

Capital

Contributions.

Capital

Contributions.

  1. How are contributions, profit shares and drawings typically arranged? provenance
  2. How are new partners admitted? provenance
Run Governance and change.

Operation.

Governance

Decisions and duties.

Governance

Governance.

  1. How are decisions made and what fiduciary duties do partners owe? provenance
  2. How are accounts kept? provenance

Dissolve

Exit and dissolution.

Dissolve

Dissolution.

  1. How does a partner leave, and how is a partnership dissolved and wound up? provenance
  2. How are disputes resolved? provenance
Senses Other meanings.

Disambiguation.

Other

Non-business partnerships.

Other

Other senses.

  1. Is a civil partnership, a public-private partnership, a strategic alliance or an extension service meant? boundary
  2. Which entry fits? action

History

History.

History

History.

  1. How did partnership as a business form develop historically? provenance
  2. Which famous partnerships are documented? provenance

What the second pass must settle

  • Should each partnership form be a separate entry?
  • How should registration rules be localised?
  • How should other senses be split?