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Taiwan Company – Limited Partnership

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Q: What are the differences between a limited company and a limited partnership?
A: A limited partnership, like a limited company, has an independent legal personality. However, a limited partnership is still a contract-based organization, meaning that matters such as installment contributions, transfer and withdrawal of capital, profit distribution, and duration of existence can all be stipulated in the partnership agreement.

Q: What is the difference between a limited partnership with legal personality and a partnership without legal personality?
A: Where legal personality is recognized, the entity itself may independently exercise rights and assume obligations. In contrast, a partnership without legal personality requires the consent of all partners in order to exercise rights or undertake obligations.

Q: In the context of name reservation, is a limited partnership classified as an organizational type?
A: Yes, it is classified as an organizational type.

Q: May a limited partnership serve as a corporate shareholder of another company?
A: Yes.

Q: May a contributor to a limited partnership make a capital contribution in the form of technology?
A: Yes.

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