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many you know why i said many because many loves to take over Philippines

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13y ago

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The list of partnership businesses in the Philippines?

example partnership in the Philippines lawfirm


What is the Civil code of the Philippines article 1767-1867?

Partnership is covered by Article 1767-1867 of the Civil Code of the Philippines --http://www.scribd.com/doc/55300616/Partnership


List of partnership business in the Philippines?

tanong pa e


Is General professional partnership in the Philippines subject to withholding tax?

income payments to the partnership is not subject to withholding as its income is not subject to taxes


How do you open partnership in the Philippines?

A Philippine partnership must be registered with SEC.A minimum of 2 partners is required. Partners have unlimited liability.One can setup a limited partnership, the limited partners have limited liability the other partners have unlimited liability.A partnership is taxed like a corporation.


What is corporation in the Philippines?

If you mean tax advantage of corporation in the Philippines compared to other countries..I can not answer that. But if you mean corporation in the Philippines compared to Partnership, the corporation is tax on its net income at currently 30% but if its a partnership, same is tax at 30% but there would be presumptive distrubtion of net income among partners which will be subjected to tax again. For corporation in Philippines, the liability of shareholders is limited on their capital subscription only. Unlike partnership or single proprietor, which is to the extent of personal property except of course for limited partners.


How many types of partnership possible?

4 types -general partnership -limited partnership -master limited partnership -limited liability partnership


What are classes of partnership?

like business , we can give many other examples in our life which we are the classes of partnership


What would explain one way that a general partnership differs from a limited partnership?

A general partnership would not be as close knit as the limited partnership. There also would not be as many legal proceedings to go with it.


Who is the owner of caltex oil Philippines?

Caltex is the result of a partnership between Socal & Texaco, and is now owned, by Cheveron which too is merged with Texaco.


What is john Lewis partnership about?

The John Lewis Partnership is a United Kingdom employee owned partnership that owns many stores. It is owned on a trust on behalf of all its employees.


How many people are allowed in a partnership?

How many people you want it to be.