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Partnership
A partnership is a business carried on by two or more persons with a view to a profit, where the partners share liability and profits under an agreement. A partnership arises when the requirements in s1 Partnership Act 1890 are fulfilled. The partnership can be governed by a partnership agreement or by a tacit agreement between the parties. Ordinarily partnerships do not provide limited liability, unless they are a limited liability partnership (LLP).
Annual Report - A document which a company (the company’s directors) present at its Annual Gener..
Apostille - The maximum degree of authentication of the documents, recognized in all countri..
Certificate of Good Standing - A Certificate of Good Standing confirms the company name, company number and dat..
Certificate of Incorporation - A Certificate of Incorporation will be sent to the company by the Companies Regi..
Holding Company - Broadly, this is a company that owns or has an interest in one or more subsidiar..
Incorporation - Incorporation is a process of creating and registering a company. In the UK a co..
Legalization of documents - Procedure of authentication of documents in consulate of the state in which the ..
Limited Liability - A concept whereby a persons financial liability is limited to a fixed sum, most ..
Nominee service - The service when the company appointed to the post of director or as shareholder..
Power of Attorney - A document given by one person (the Donor or Grantor) to another person (the Att..
Private Limited Company - This is a Company (see Company) where members benefit from a limited liability a..
Public Limited Company - A Company that offers limited liability to its members and is permitted to offer..
Ready-made Company - A company incorporated or held by a formations agent with a view to reselling it..
Share Capital - Share capital refers to portion of a companys equity that has been obtained (or ..
Value Added Tax VAT - This is an indirect tax levied on goods and services in the UK and many other co..
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