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Deed of amendment of the articles of association of a general partnership sworn translation? Order now in the webshop >

The most important changes in the Articles of Association of a VOF

The Deed by statutes of a Partnership (partnership) regulates the legal aspects of the cooperation between the partners in a partnership. It is essential to statutes to keep up to date to avoid conflicts and problems. In this article we will discuss the most important changes that can be made to the Deed by statutes of a partnership.

Amendments to the Articles of Association of a VOF

1. Change of the partnership name: If the partners decide to change the name of the partnership to change, this must be included in the Deed by statutes.

2. Addition or exclusion of partners: If new partners join the partnership or if existing partners leave, these changes must be recorded in the Deed by statutes.

3. Adjustment of profit distribution: Partners may decide to change the way in which profits are distributed. These changes must be included in the Deed by statutes.

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Conclusion

It is crucial to Deed by statutes of a partnership to be reviewed and updated regularly to meet the changing needs of the company. By keeping track of the most important changes in the Deed by statutes If properly recorded, conflicts and problems can be prevented.

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The Deed by statutes of a partnership contains the most important rules and agreements that apply within a partnership. It's important to get this deed regularly updated and adapted to changing circumstances. Here are seven important changes that can be made to the Deed by statutes of a partnership:

1. Adding new partners: When new partners join the partnership, this must be recorded in the Deed by statutes. Agreements can be made here about the contribution of the new partner, his share in the profit and loss distribution, and his responsibilities within the partnership.

2. Adjusting the profit distribution: Over time, circumstances within the partnership change, which may make it necessary to adjust the profit distribution. This may happen, for example, if the activities of the partners change or if new investments are made.

3. Changing the powers of the partners: The powers of the partners can be changed in the Deed by statutes, for example by adding or removing certain tasks or responsibilities. This may be necessary if the partnership grows and the tasks of the partners change.

4. Adjusting the contribution of the partners: The contribution of the partners can be adjusted in the Deed by statutes, for example by increasing the capital of the partnershipThis may be necessary if new investments need to be made or if the partners wish to increase their contribution.

5. Changing the name or location of the partnership: If the name or location of the partnership changes, this must be adjusted in the Deed by statutesThis can happen, for example, if the partnership decision to enter another market or to establish a business in another location.

6. Changing the duration of the partnership: The duration of the partnership can be adjusted in the Deed by statutes, for example by extending the term or limiting the duration of the partnershipThis may be necessary if the partners wish to continue their collaboration or if they decide to partnership to lift.

7. Addition of provisions on the succession of partners: In the Deed by statutes agreements can be made about the succession of the partners, for example by drawing up a protocol for the Handover of shares or by appointing a successor. This can help to ensure the continuity of the partnership to ensure and prevent possible conflicts.

In short, the Deed by statutes of a partnership is an important document that must be regularly reviewed and adapted to changing circumstances. It is essential to carefully and legal to implement correctly, in order to protect the interests of all partners and to ensure the stability and growth of the partnership to ensure.

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