Tag Archives: #BusinessAlignment

Can LLP merge with company?

      LLP merge:  Merging an LLP with a company typically involves a legal process.  Where it includes the assets, liabilities, and legal entity of the LLP are combined with those of the company. The resulting entity is usually a company, and the LLP ceases to exist as a separate legal entity.  The merger… Read More »

Tax planning with respect to amalgamation and mergers?

Amalgamation and Mergers   “Tax Optimization in Amalgamation and Mergers”: Tax planning, with respect to amalgamations and mergers, involves the strategic consideration of tax implications during the transaction and the implementation of tax-efficient strategies to enhance the overall financial outcome. Here’s a unique perspective on tax planning in the context of amalgamations and mergers: Amalgamation… Read More »

What business are partnerships?

Understanding partnerships in business   Some common examples of businesses that are often structured as partnerships include: Professional Services: Partnerships are common among professionals such as lawyers, accountants, architects, doctors, engineers, consultants, and other professional service providers. Retail Stores: Partnerships can operate retail businesses such as clothing stores, electronics shops, grocery stores, and specialty stores.… Read More »

How to apply for a partnership business?

Applying for a partnership business   Applying for a partnership business, you typically follow these steps: Choose a Business Name: Select a unique and suitable name for your partnership business. Ensure that the name complies with any naming requirements or restrictions in your jurisdiction. Partnership Agreement: Draft a partnership agreement that outlines the rights, responsibilities,… Read More »