kommandiittiyhtiösopimus

A kommandiittiyhtiösopimus, or limited partnership agreement, is a foundational contract for establishing and operating a kommandiittiyhtiö (Ky) in Finland. This type of business structure involves at least one general partner (vastuunalainen yhtiömies) and at least one limited partner (komplementtiyhtiömies). The agreement meticulously outlines the rights, responsibilities, and obligations of each partner.

Key provisions typically included in a kommandiittiyhtiösopimus cover the business's purpose, the duration of the partnership, and the initial capital contributions from each partner. It specifies how profits and losses will be shared, which is often proportional to capital invested, but can be otherwise agreed upon. The agreement also details the management and decision-making processes, clarifying the roles and authority of the general and limited partners. General partners usually hold full management responsibility and unlimited liability, while limited partners' liability is restricted to their capital contribution and they typically have no active management role.

Furthermore, the kommandiittiyhtiösopimus addresses procedures for admitting new partners, the withdrawal or death of existing partners, and the dissolution of the partnership. It may also include clauses on dispute resolution. This comprehensive agreement serves as the primary governance document, ensuring clarity and preventing potential conflicts among partners by defining the operational framework and financial arrangements of the limited partnership.