What are the benefits of the small partnership and the private limited company?

Benefits of the small partnership

• Members are only natural persons (up to 10 members).
• Limited civil liability.
• Possibility to pay out the profit in advance.
• No determined minimum authorized capital.
• A civil service contract is concluded with the manager.

 Benefits of the private limited company

• Shareholders – natural and/or legal persons (from 1 to 250).
• Clearly and strictly regulated distribution of shareholders’ votes.
• Limited civil liability. 
• Very convenient to attract investors.
• A well-known legal form for foreign partners.