1. Business structures

2016 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Essential Information ◽  
Sole Proprietorship ◽  
Business Structures ◽  
The Uk ◽  
Limited Liability Partnership

EachConcentraterevision guide is packed with essential information, key cases, revision tips, exam Q&As, and more.Concentratesshow you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the four principal business structures in the UK: sole proprietorship, ordinary partnership, limited liability partnership (LLP), and company. The LLP and the company are created via a process called incorporation and are therefore known as incorporated business structures or, as they are referred to in their respective statutes, as ‘bodies corporate’. The sole proprietorship and the ordinary partnership are not created via incorporation and so are known as unincorporated business structures.

1. Business structures

2018 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Essential Information ◽  
Sole Proprietorship ◽  
Business Structures ◽  
The Uk ◽  
Limited Liability Partnership

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the four principal business structures in the UK, namely the sole proprietorship, ordinary partnership, limited liability partnership (LLP), and company. The LLP and the company are created via a process called incorporation and are therefore known as incorporated business structures or, as they are referred to in their respective statutes, as ‘bodies corporate’. The sole proprietorship and the ordinary partnership are not created via incorporation and so are known as unincorporated business structures.

1. Business structures

2020 ◽  
pp. 1-15
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Essential Information ◽  
Sole Proprietorship ◽  
Business Structures ◽  
The Uk ◽  
Limited Liability Partnership

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the four principal business structures in the UK, namely the sole proprietorship, ordinary partnership, limited liability partnership (LLP), and company. The LLP and the company are created via a process called incorporation and are therefore known as incorporated business structures or, as they are referred to in their respective statutes, as ‘bodies corporate’. The sole proprietorship and the ordinary partnership are not created via incorporation and so are known as unincorporated business structures.

1. Introduction

Company Law ◽  
2019 ◽  
pp. 3-19
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Company Law ◽  
Business Activity ◽  
Sole Proprietorship ◽  
Business Structures ◽  
Limited Liability Partnership

This introductory chapter provides an overview of the aims of company law and governance. Company law should hold companies and directors to account; be flexible enough to respond to novel and evolving practices; provide certainty; promote transparency; help to avoid misalignment of interests; promote corporate efficiency; and help avoid corporate disaster. The chapter then looks at other key important business structures. Other than companies, the principal business structures are the sole proprietorship, the partnership, and the limited liability partnership. A sole proprietorship is a sole individual carrying on some form of business activity. Meanwhile, two or more persons who wish to engage in business together can form an ordinary partnership. Lastly, limited liability partnerships were created to provide suitable business structures for large, professional firms. In many respects, limited liability partnerships resemble companies.

scholarly journals BENTUK HUKUM PERUSAHAAN PERSEKUTUAN DI INDONESIA DAN PERBANDINGANNYA DI MALAYSIA

Cepalo ◽  
2020 ◽  
Vol 4 (1) ◽  
pp. 28
Author(s):  
Rizha Claudilla Putri
Keyword(s):  
Limited Liability ◽  
Sole Proprietorship ◽  
Limited Company ◽  
Limited Liability Partnership

Perusahaan dapat dibedakan atas perusahaan badan hukum dan perusahaan bukan badan hukum. Di Indonesia, Perusahaan badan hukum dapat berbentuk Perseroan Terbatas (PT), Yayasan dan Koperasi. Sedangkan perusahaan bukan badan hukum dapat berupa Firma (Fa) dan Persekutuan Komanditer atau Comanditaire Vennootschap (CV). Peraturan mengenai bentuk perusahaan persekutuan, firma dan CV terdapat di dalam KUHPer dan KUHD. Sama halnya seperti di Indonesia, bentuk hukum suatu perusahaan Malaysia dapat dikenal dengan beberapa bentuk business entitiy, seperti Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company/SendirianBerhad (Sdn Bhd), dan Public Limited Company/Berhad (Bhd). Beberapa Business Entity yang ada di Malaysia memiliki kemiripan dengan jenis badan usaha yang ada di Indonesia, seperti Partnership atau Perusahaan Persekutuan. Terdapat pula perbedaan antara bentuk dan peraturan yang mengatur perusahaan persekutuan Indonesia dengan perusahaan persekutuan Malaysia. Undang-Undang yang digunakan pun berbeda bagi kedua negara, Partnership diatur dalam Partnership Act 1961 sedangkan untuk Limited Liability Partnership diatur dalam Limited Liability Act 2012. Penelitian hukum ini menggunakan metode penelitian normatif dengan pendekatan komparatif. Data yang digunakan adalah data sekunder yang didapat dari bahan hukum primer, sekunder dan tersier. Pengumpulan data dilakukan melalui studi kepustakaan dan dokumen serta diolah dengan melakukan seleksi data secara sistematis untuk mendapatkan gambaran umum dari hasil penelitian. Hasil penelitian menunjukkan bahwa dalam Partnership mengatur mengenai perusahaan secara tradisional dengan ingin mendapatkan laba atau keuntungan. Sedangkan di dalam LLP menggabungkan antara partnership dan company. Perbedaan bentuk hukum perusahaan persekutuan antara Indonesia dan Malaysia ini juga jelas terlihat jika dilihat dari aturan pada masing-masing negara dimana Indonesia tidak mempunyai undang-undang khusus mengenai bentuk hukum persekutuan ini. Dengan demikian, pemerintah hendaknya membuat sebuah undang-undang yang mengatur mengenai bentuk usaha persekutuan lebih khusus dalam peraturan yang berbeda agar dapat mudah dipahami oleh pelaku usaha seperti peraturan yang berlaku di negara Malaysia. 

D. Other legal forms for business

2021 ◽  
pp. 758-758
Author(s):  
Derek French
Keyword(s):  
Limited Liability ◽  
General Purpose ◽  
Self Employment ◽  
Community Interest ◽  
Sole Proprietorship ◽  
Legal Forms ◽  
Limited Liability Partnership

This chapter discusses various general-purpose legal forms for carrying on business. It starts with the simplest form of all, sole proprietorship (or self-employment). Two or more persons carrying on a business or profession in common with a view of profit are in partnership, which has developed into the sophisticated form of the limited liability partnership. The rest of the chapter is devoted to the various lesser used forms of company which can be registered under the Companies Act 2006 (CA 2006). These are guarantee companies, unlimited companies and community interest companies. The chapter also discusses how re-registration can be used to transform various types of company into other types.

Company Law Concentrate

2018 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Corporate Governance ◽  
Case Law ◽  
Company Law ◽  
Capital Maintenance ◽  
Essential Information ◽  
Company Directors ◽  
Royal Dutch Shell ◽  
Business Structures ◽  
The Uk ◽  
Corporate Rescue

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. Company Law Concentrate helps readers to consolidate knowledge in this area of law. This fifth edition includes coverage of the government’s corporate governance review, proposed updates to the UK Corporate Governance Code and the UK Stewardship Code, developments regarding unlisted companies and corporate governance, and notable case law developments, such as His Royal Highness Okpabi v Royal Dutch Shell plc [2018] and Re Sherlock Holmes International Society Ltd [2016]. Chapters examine business structures, incorporation, the constitution of the company, directors, members, corporate governance, capital and capital maintenance issues, members’ remedies, and corporate rescue and liquidation.

Company Law Concentrate

2020 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Corporate Governance ◽  
Case Law ◽  
Company Law ◽  
Capital Maintenance ◽  
Essential Information ◽  
Sixth Edition ◽  
Company Directors ◽  
Business Structures ◽  
The Uk ◽  
Corporate Rescue

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. Company Law Concentrate helps readers to consolidate knowledge in this area of law. This sixth edition has been fully updated and includes coverage of the 2018 UK Corporate Governance Code, the Wates Corporate Governance Principles, the UK Stewardship Code 2020, the Companies (Miscellaneous Reporting) Regulations 2018, and the reforms proposed following the consultation on insolvency and corporate governance. Case law updates include BAT Industries plc v Sequana SA [2019], Burnden Holdings (UK) Ltd v Fielding [2019], Popely v Popely [2019], and Vedanta Resources plc v Lungowe [2019]. Chapters examine business structures, incorporation, the constitution of the company, directors, members, corporate governance, capital and capital maintenance issues, members’ remedies, and corporate rescue and liquidation.

scholarly journals REGULATORY COMPETITION IN PARTNERSHIP LAW

2009 ◽  
Vol 58 (4) ◽  
pp. 767-802 ◽  
Author(s):  
Mathias M Siems
Keyword(s):  
Empirical Data ◽  
Country Of Origin ◽  
Limited Liability ◽  
Company Law ◽  
Regulatory Competition ◽  
The Us ◽  
Different Types ◽  
The Uk ◽  
Limited Partnerships ◽  
Limited Liability Partnership

AbstractRegulatory competition in company law has been extensively debated in the last few decades, but it has rarely been discussed whether there could also be regulatory competition in partnership law. This article fills this gap. It addresses the partnership law of the US, the UK, Germany, and France, and presents empirical data on the different types of partnerships and companies established in these jurisdictions. The main focus is on the use of a limited liability partnership (LLP) outside its country of origin. It is also considered whether some regulatory competition can take place in the law of limited partnerships.

9. Company law I: trading structures and forming the business

2019 ◽  
pp. 130-142
Author(s):  
James Marson ◽  
Katy Ferris
Keyword(s):  
Limited Liability ◽  
Company Law ◽  
Business Organization ◽  
Essential Information ◽  
Share Capital ◽  
External Regulation ◽  
Limited Company ◽  
Potential Losses ◽  
Limited Liability Partnership ◽  
Business Formation

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter reviews the law on business organization and business formation. The five main types of business organization (trading structure) applicable in England and Wales are: sole trader; simple partnership; limited liability partnership; private limited company; and public limited company. Sole trader organizations are very flexible but expose the owner to unlimited liability for losses, whilst operating a limited company limits potential losses of the shareholders but is subject to external regulation. A partnership can be ‘simple’, ‘limited’, or a ‘limited liability partnership’. Private limited companies are not required to have a minimum share capital but public limited companies require a minimum of £50,000 allotted share capital on registration.

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