Komandit

Komandit is a term that refers to a type of business partnership. Specifically, it denotes a limited partnership. In a komandit, there are at least two types of partners: general partners and limited partners. General partners are responsible for the management of the business and have unlimited liability for its debts. Limited partners, on the other hand, contribute capital but do not participate in the day-to-day operations. Their liability is limited to the amount of capital they have invested. This structure allows for the raising of capital from individuals who wish to invest without taking on management responsibilities or significant personal financial risk beyond their investment. The specific legal framework and terminology for komandit partnerships can vary by jurisdiction, but the core principle of differentiated partner liability and management roles remains consistent. This business structure is often utilized in various industries and for specific investment vehicles.