1. Komplenurrin 2. Industrial partner (one that equips work or industry) 3. Capitalist partner (one that gives capital) 4. Delivery partner (one who is only responsible until the amount of his contribution) The same rule applies to any amount he may have withdrawn from the company`s fund and his liability begins from the moment he has converted the amount into his own use. (1682) If a partnership has foreign partners, the following additional requirements must be met: 1st SEC Form No. F-105 2. Bank certificate relating to the capital contribution of partners 3. For foreign partners who wish to register their investments with Pilipinas Bangko Sentral, proof of transfer 6. Interest. No interest is paid on the company`s first contributions to the capital or on any subsequent capital contributions. 9. BOOKS.
Partnership books are kept at the partnership`s main office and are available to each partner at all times. Les livres sont conservés sur la base de l`exercice, Où elle est associée à _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Art. 1784. A partnership begins on the date of the contract, unless otherwise stated. (1679) As a company, a company has its own legal personality. Although the partnership has not been able to register with the SEC, it still has its own legal personality. Thus, the partnership, as a person in its own right, can acquire its property, bring an action on its own behalf and take its own debts and commitments. A partnership action is enshrined in a partnership resolution similar to the decision of a company`s board of directors. 5. SALARIES AND DRAWINGS. Neither partner receives a salary for the partnership benefits.
Each partner can withdraw the credit from their income account from time to time. 4. Profit and loss. The net profit of the partnership is divided equally between the partners and the net losses are borne equally by them. A separate income account is opened for each partner. Profits and losses from the partnership are billed or credited to each partner`s separate income account. If a partner does not have a balance on their income account, the losses are debited from their capital account.
