Investor Presentaiton
LIMITED PARTNERSHIP (KOMANDITNÍ SPOLEČNOST - KOM.
SPOL. OR K. S.)
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A limited partnership is formed by two or more persons
(individuals or legal entities). At least one of the partners
must be a general partner, with unlimited liability for the
debts of the partnership. At least one partner must be a
limited partner, liable for the partnership's debts only up
to the amount of unpaid contributions recorded in the
Commercial Register.
Only unlimited partners are permitted to manage the
partnership.
Requirements for financial statements audit are the same
as for a limited liability company.
CO-OPERATIVE (DRUŽSTVO)
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Co-operatives are formed by at least three members,
either legal entities or individuals, to undertake business
activities for the economic or social benefit of their
members.
Members are not liable for the obligations of the co-
operative; however, the co-operative may demand
contributions from its members to cover losses.
Requirements for financial statements audit are the same
as for a limited liability company.
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