Port communicationstart a company start a company，There are many types of companies，Choose the type of company that suits you，It will give you a good start on your entrepreneurial journey，today，Hong Kong Xintong is here to talk to you about Shenzhen registered limited partnership.。
one、What is a limited partnership? A limited partnership consists of general partners and limited partners.，General partners bear unlimited joint and several liability for partnership debts，Limited partners are liable for the debts of the partnership to the extent of their subscribed capital contributions.。
A limited partnership involves three main players：limited partner(individual or institutional investor)；general partner(Venture capitalist responsible for venture capital operations)and venture entrepreneurs(High-tech enterprise managers)。
two、Conditions for registering a limited partnership in Shenzhen：1.A limited partnership is established by more than two but less than fifty partners，but，Except as otherwise provided by law；2.A limited partnership must have at least one general partner；3.The name of a limited partnership shall indicate the words "limited partnership"；4.Limited partners can use currency、physical object、intellectual property、Land use rights or other property rights are valued and contributed；5.Limited partners are not allowed to contribute capital through labor services；6.Limited partners shall pay capital contributions in full and on schedule in accordance with the partnership agreement.;Failure to pay in full on time，Should bear the obligation to pay back，and bear liability for breach of contract by other partners；7.The registration matters of a limited partnership enterprise shall state the names of the limited partners and the amount of capital contributions subscribed.；8.A limited partnership has a general partner who performs partnership affairs。
The managing partner may
Require
Determine the remuneration for executing affairs and the method of extracting the remuneration in the partnership agreement；9.Limited partners do not perform partnership affairs，No external representation of a limited partnership is allowed。three、Advantages of Limited Partnerships：1.in limited partnership，No special management agency，There is no huge management system，therefore，The business is much less open than the company。
in limited partnership，Since the general partner is responsible for the operation and management of the partnership，and still have unlimited liability for partnership debts，therefore，Limited partnerships still have relatively reliable business credit。2.The procedures for the establishment and dissolution of a limited partnership are relatively simple.，There is no need to go through a series of cumbersome legal procedures like a company，This flexible management method determines the partnership's strong adaptability in the fierce market competition.、Ability to be flexible and changeable。
3.The most critical and attractive thing is that limited partnerships can legally avoid double taxation.。Since a partnership does not constitute an independent tax entity under tax law,，Limited partnerships are not required to pay corporate income tax on their income，To all partners，Only need to pay personal income tax on its share of profits from the partnership;Shareholders of the company must pay personal income tax，The company also needs to pay corporate income tax，Shareholders ultimately bear double taxation。
Four、Characteristics of a partnership：1.A partnership is composed of partners；2.Partners enter into partnership agreement；3.Partners jointly invest；4.Partners jointly operate；5.Partners bear unlimited joint and several liability for partnership debts；6.Partners share benefits。
five、Basic company registration process：1.Query the company name 2. Provide basic information from the customer 3. Seal and record the preliminary review by the Industrial and Commercial Administration 4. Capital verification 5. Submit to the Industrial and Commercial Bureau for approval，Print business license 6. Apply for enterprise organization code certificate 7. Apply for tax registration certificate 8. Receive all licenses，and other related materials。
About Hong Kong Xintong
Hong Kong Xintong focuses onGuangdong and Hong Kong license plates、Shenzhen Hazardous Chemicals Business License、Shenzhen labor dispatch licenseandShenzhen Charity Foundationapplication services，Assist customers to applyShenzhen travel agency business license、Shenzhen pawn shop business license、Shenzhen auction house license and other mainstream domestic financial licenses，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableODI overseas investment registration、International travel agency registration and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
