Registration

  • Established with partnership of two or more individuals.
  • Company name and trade license belongs to main partner.
  • Partnership agreement is prepared and rights, liabilities, and share ratio of profit and loss are identified.
  • Minimum 51% of the capital should belong to local partner.
  • Profit distribution ratio can be identified differently from shares.
  • Unless specified in Articles of Incorporation, all decisions are decided unanimously by all partners.