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Difference between revisions of "Forming a Partnership"
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Forming a Partnership (view source)
Revision as of 18:45, 17 February 2015
, 18:45, 17 February 2015→Does a partnership have to be registered?
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==Does a partnership have to be registered?== | ==Does a partnership have to be registered?== | ||
Limited partnerships and LLP’s must be registered with the Registrar of Companies to exist. The Partnership Act contains a list of the documents that must be filed or submitted to create these partnerships. A general partnership should be registered, but it will still exist even if you don’t register it. | Limited partnerships and LLP’s must be registered with the Registrar of Companies to exist. The ''Partnership Act'' contains a list of the documents that must be filed or submitted to create these partnerships. A general partnership should be registered, but it will still exist even if you don’t register it. | ||
You should make sure that you let the Registrar know if any information on your registration changes (for example, if a partner joins or leaves, or if your address changes). | You should make sure that you let the Registrar know if any information on your registration changes (for example, if a partner joins or leaves, or if your address changes). | ||
You have to pay a fee to register your partnership with the Registrar of Companies and to have the Registrar search the corporate records to make sure someone else isn’t already using your partnership name. Depending on the type of partnership, procedures must be followed regarding the use of the partnership name and address. If your partnership is for trading, manufacturing or mining purposes, or is a limited partnership or a limited liability partnership, you also have to file other information and documents with the provincial government. | You have to pay a fee to register your partnership with the Registrar of Companies and to have the Registrar search the corporate records to make sure someone else isn’t already using your partnership name. Depending on the type of partnership, procedures must be followed regarding the use of the partnership name and address. If your partnership is for trading, manufacturing or mining purposes, or is a limited partnership or a limited liability partnership, you also have to file other information and documents with the provincial government. | ||
==Consider seeing a lawyer== | ==Consider seeing a lawyer== | ||
