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Everything you need to know about the deed of incorporation of a partnership
If you are planning to set up a partnership, it is important to be well informed about the memorandum of association. The memorandum of association is een notariële deed in which the agreements between the partners are recorded. In this article we will explain everything you need to know about the memorandum of association of a partnership.
What does the deed of incorporation say?
In the memorandum of association The following matters are recorded, among other things:
- The names and details of the partners
- The objective of the partnership
- The contribution of the partners
- The profit distribution
- The powers of the partners
What is the role of a translation agency in the deed of incorporation?
A translation agency such as Ecrivus Multimedia can play an important role memorandum of association. This is what a translation agency can do sworn translations taking care of the memorandum of association in different languages. In addition, a translation agency can also help with legalizing the deed, for example by obtaining a apostille.
What other documents can be translated?
In addition to the memorandum of association many more can be done official documents are translated, such as:
- Birth certificates
- Marriage certificates
- Divorce certificates
- Adoption certificates
- Death certificates
- Wills
- Contracts
- Statutes
In which languages can a translation agency translate?
A translation agency like Ecrivus Multimedia can provide translations in more than 35 languages, including:
- English
- Spanish
- French
- German
- Italian
- Chinese
- Arabic
- Russian
Conclusion
The memorandum of association of a partnership is an important document when setting up a partnership. It is essential to properly record the agreements between the partners in this regard deed. A translation agency such as Ecrivus Multimedia can help translate and legalize the deed, as well as when translating others official documents in different languages.
Frequently asked questions
What is a sworn translation?
A sworn translation is a translation that includes a statement from the translator, stating that the translation is a faithful and correct representation of the original document.
What is an apostille?
A apostille is a statement who ensures that an official document is legally valid in another country. This may be necessary if you want to use a document in a country that has signed the Apostille Convention.
How long does it take to translate a deed of incorporation?
The time it takes for a memorandum of association to translate may vary depending on the length and complexity of the document. A translation agency can inform you about this.
A memorandum of association is an essential document required when starting a partnership in the Netherlands. This deed contains important information about the founders, the name of the partnership, the purpose of the partnership and the distribution of profits and losses.
It is important to know that a memorandum of association notarised must be drawn up. This means that a notary the deed must draw up and certify. The notary ensures that all legal requirements are met and that the deed is legally valid.
In the memorandum of association the names, addresses and dates of birth of all founders must be stated. In addition, the deed also contain information about the contribution of each founder, such as money, goods, knowledge or labor.
The name of the partnership must meet certain legal requirements. For example, the name must not be misleading, not already used by another partnership and not contain protected words, such as 'royal' or 'Netherlands'.
In the memorandum of association the purpose of the partnership must also be described. This could, for example, be practicing a specific profession or jointly operating a business. The goal must be stated clearly and specifically.
In addition, the distribution of gains and losses between sizes in the memorandum of association are recorded. This can be done, for example, on the basis of the contribution of each measure, the number of hours worked or another distribution key. It is important to make clear agreements about this to prevent conflicts in the future.
Finally, the memorandum of association be registered in it Business Register of the Chamber of Commerce. Only when the deed is registered, the partnership is officially established and can start its activities. It is therefore very important to carefully complete all steps and comply with all legal requirements when drawing up and registering the memorandum of association.
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