Kommandiittiyhtiölaki

Kommandiittiyhtiölaki refers to the Finnish legislation governing limited partnerships. A limited partnership, or kommandiittiyhtiö in Finnish, is a business structure where there are at least two partners. Within a kommandiittiyhtiö, there are two types of partners: general partners (vastuunalaiset yhtiömiehet) and limited partners (kommandiittiyhtiömiehet).

General partners are fully liable for the debts and obligations of the partnership with their personal assets. They are typically involved in the day-to-day management and operations of the business. Limited partners, on the other hand, have liability limited to the amount of capital they have contributed to the partnership. They generally do not participate in the management of the company.

The Kommandiittiyhtiölaki outlines the formation, operation, and dissolution of these partnerships. It specifies requirements for the partnership agreement, which should detail the contributions of each partner, profit and loss sharing, and management responsibilities. The law also addresses issues such as the admission of new partners, the withdrawal of existing partners, and the procedures for winding up the partnership.

Registration with the Finnish Patent and Registration Office (PRH) is mandatory for a kommandiittiyhtiö. The law ensures a framework for transparency and accountability for this specific business form within the Finnish legal system. It provides a clear distinction between the liabilities and roles of the different types of partners, offering a structure for businesses that require both active management and capital investment with limited personal risk for some participants.