Transfer Of Business by Partnership To LLP
Transfer Of Business by Partnership To LLP applies where a partnership business is being transferred as a going concern to a (newly formed) LLP, and the partners are converting to a limited liability partnership so they can continue the business through the LLP going forward.
What does Transfer Of Business by Partnership To LLP do?
It documents the transfer of the partnership business to an LLP as part of a conversion from a general partnership to a limited liability partnership.
What does Transfer Of Business by Partnership To LLP cover?
It includes clauses covering:
- interpretation
- transfer of the business
- liabilities
- consideration
- completion
- employees
- general provisions
When should you use Transfer Of Business by Partnership To LLP?
Use it when the partners are converting their existing partnership into a newly formed LLP and want a written agreement dealing with the transfer of the business as a going concern.
Transfer Of Business by Partnership To LLP is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.