Conversion of partnership to private company

Announcement to business partners

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Description:

This is an announcement letter for a business to inform their customers and business partners of the recent restructuring of the company (converting from a partnership to a private limited company). It is customary for a business to do so after registration of the private limited company as the legal consequences are different for these two entities. Private Limited Companies enjoys a separate legal identity, while members of a partnership are personally, and entirely involved in all liabilities incurred in the business.

How to use this Document?

This is letter should be used by users who have just converted their partnership business into a private limited company.

This letter formally introduces the new name of the business and reassures the customers that this is a strategic decision to enable the company to grow further. With the new funding, it provides excitement for the arrival of new products and services, at a higher quality.

How to Tailor the Document for Your Need?


1. Create Document: Click “Create Document” button and the document will be prepared with your account details automatically filled in.
2. Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the “Next” button.
3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
4. Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Corporate > Corporate Communications / Public Relations / Announcement

 
Keywords:

conversion

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partnership

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restructuring

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partners

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private limited company

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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.