Do you want to set up a limited liability company? Discover our contract library and the model of creation of limited liability company automated by Legal Pilot!
What is a limited liability company?
The LLC is a limited liability companyThis is a form of commercial company which allows partners to limit their liability to the amount of their contributions.
A limited liability company must be formed by at least 2 partners (or one partner in the case of the creation of a Single-member limited liability company or EURL), which may be natural or legal persons.
The challenges of the limited liability company
The limited liability company is popular because it has many advantages:
-The business can be set up with little capital;
-the amount of the share capital is freely determined by the partners
- the liability of the partners is limited to the amount of their contribution;
-It allows the family character of the business to be asserted, where appropriate.
Composition of the model
The creation of a limited liability company is not simply a matter of drafting the statutes.
Legal Pilot thus proposes different frameworks that can be created by the future partners of the limited liability company :
- The company's articles of association
- The declaration of non-conviction of the manager
- The agreement to make the premises available
- The list of subscribers
Automation with Legal Pilot
This model has been automated on the Legal Pilot platform. You can thus modify the framework of the contract, add or remove certain clauses or questions, etc.
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