For example, it may extend to their personal effects if they have managed the company incompetently. . The nomination of an auditor is compulsory. No minimum amount for the authorized capital. No obligation to pay up immediately. If nothing is stipulated in the Articles of Incorporation, all the partners are considered as managers. .
All partners answer for the company debts indefinitely and severally. .
Partnership shares may be transferred only with the approval of all partners. . It is highly recommended that you fix the capital in euros as of today, in order to avoid any eventual administrative formalities and charges. You may simply open a representation office or a sub-office. It will enable you to make contacts on the spot, ensure your advertising, supply you with market information. But the representation office may not be involved in any trade activity.