Funding - Businesses without legal entity
5 important questions on Funding - Businesses without legal entity
What is a sole propiertorship?
The owner of a sole proprietorship can consider the income tax he must pay for the made profit as expenses of the business.
No notary deed has to be drawn up when founding a sole proprietorship.
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The more partners are in a partnership, the harder it is for a creditor to claim his debt.
A managing partner runs more risk regarding liability for the debts of the business than the limited partner.
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