لغة أنجليزية

There are several types of business partnerships, each with different levels of liability, control, and tax implications. The main types include:

1. General Partnership (GP)

All partners share equal responsibility for managing the business.

Profits, losses, and liabilities are shared equally.

Each partner has unlimited personal liability for business debts.

2. Limited Partnership (LP)

Consists of at least one general partner (who manages the business and has unlimited liability) and one or more limited partners (who invest but have limited liability).

Limited partners are only liable up to the amount they invest and usually don’t participate in daily operations.

3. Limited Liability Partnership (LLP)

All partners have limited liability, protecting their personal assets from business debts and liabilities.

Commonly used by professionals like lawyers, accountants, and consultants.

Each partner is not liable for the misconduct or negligence of other partners.

4. Limited Liability Limited Partnership (LLLP)

A variation of LP where general partners also get limited liability protection.

Not available in all jurisdictions.

5. Joint Venture (JV)

A temporary partnership between two or more entities for a specific project or goal.

Partners share resources, risks, and profits but maintain their separate legal identities.

6. Silent Partnership

A partner invests in the business but does not participate in management or decision-making.

Liability and profit-sharing depend on the partnership agreement