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CORPORATE STRUCTURE MODIFICATIONS
 

CORPORATE STRUCTURE MODIFICATIONS

 

If a company was created by two friends with one idea, those partners may later wish to give the company a more formal legal framework in order to equip it with maximum flexibility and make room for incoming partners or attract new investors while protecting their personal assets.

The most common corporate structure modifications include:

 
  • Company Change to Limited Liability Company
  • Company Change to Joint-Stock Company (S.A.)
  • Company Change to General Partnership
  • Company Change from Limited Liability Company to Joint-Stock Company (S.A.)
  • Company Change from General Partnership to Limited Liability Company
  • Company Change from General Partnership to Joint-Stock Company (S.A.)
  • Company Change from Limited Partnership by Shares to Joint-Stock Company (S.A.)
  • Company Change from Limited Partnership by Shares to Limited Partnership
 
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COMMERCIAL PARTNERSHIPS

A Joint-Stock Company (or S.A.) is a company whose owners participate in the company's development through bonds and shares. The company's debts are not paid for with stockholders' personal assets, but with injection of capital. The core of the S.A. is its board of directors, who bear the responsibility of the company's management.

 
 
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