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Foundation and Origin of a Limited Partnership
Novotná, Eliška
;
Kalinová, Miluše
(advisor) ;
Žák, Květoslav
(referee)
It is very popular to enter a market as an entrepreneur in the Czech Republic today. A person should be knowledgeable about the Czech law and decide whether s/he intends to carry business either as a sole proprietor or as a corporation. This bachelor's work provides the information and advice how to start, when a business organization, concretely a limited partnership/Ltd., is going to be founded. There are going to be explained concrete steps that lead to a foundation and origin of a limited partnership in this work. Founders of a business organization need to form the Articles of Partnership at the beginning. They should also find suitable premises for their future corporation. The next step that is important to do is to get an entrepreneurial licence for that activity that the corporation will carry on. One of the most important steps to establish a company is to file a proposal for the incorporation of the business into the Register of Companies. When the business is registered in the Register of Companies, then it can perform its entrepreneurial activity according to the incorporation act. In case of a limited partnership/Ltd. the co-partner who is bound to a deposit duty should pay up his deposit as soon as possible after the business is incorporated. After reading the above instructions the reader may think that the establishment and origin of a company is quite easy. I hope s/he will recognize that it is necessary to be well informed about legal procedures for establishment of a business at the end of this bachelor's work. The mere existence of a company itself is not sufficient. The business must find its customers and reach its target. For that reason it is essential to create an entrepreneurial plan and a marketing strategy for a concrete company. Thus, an entrepreneur should combine the knowledge of law and economics if s/he wants to be successful in the market.
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