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What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

ماهي شركة التوصية البسيطة وماهي صيغة تأسيس مؤسسات التوصية البسيطة؟
What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is the simple recommendation institution?

– It is a company that convenes between one or more partners who are responsible and united in the face of the public. The preparations of those who take over the right of the commission and are responsible for its losses and debts in their specialized wealth. .

– It is not permissible to write the name of one of the testators in the name of the commercial establishment unless he accepts this, so that it becomes a joint partner with responsibility for debts vis-à-vis others.
– The limited partnership company is similar to Al Tadamun in various ways, but they do not differ in that the limited partnership companies include two types of joint and recommended partners.

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What is the formula for forming a simple recommendation institution?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

It is on the day of … corresponding to … / … / ………
Editing that contract between:
1- Mr. / Nationality Religion Resident
And holds a number card
(Solidarity First Party)
2- Mr. / Nationality Religion Resident
And holds a number card
(Solidarity second party)
3- Mr. / Nationality Religion Resident
And holds a number card
(Third party recommended)
4- Mr. / Nationality Religion Resident
And holds a number card
(Fourth party recommended)

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

After all parties recognized their eligibility to contract and act legally, the following was agreed upon:
The largest item: the decisions regulating the recommendation institution.

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Establishing a minor company while among them in accordance with the provisions of the Constitution of institutions in effect in the Arab Republic of Egypt and in accordance with the provisions of that contract.
The second item: – Simple recommendation company information.

It formed between the parties of that written agreement a minor recommendation institution and its purpose, and it may have an interest or participate in any way with the institutions and bodies that exercise the same purpose in the Arab Republic of Egypt or outside Egypt and may merge with those companies and bodies or buy it, and its name …… ….. and its partners, its headquarters and its main activity center are a division, except that it is permissible to establish branches, agencies or offices for it inside and outside the Arab Republic of Egypt.

The third item: – The capital of the simple company

The head of ownership of the establishment upon incorporation is an Egyptian pound (in letters only Egyptian pounds) distributed among the partners in a thousand pounds as follows: –
1- Mr. / EGP (thousands of pounds only)
2- Mr. / EGP (thousands of pounds only)
3- Mr. / EGP (thousands of pounds only)
4- Mr. / EGP (thousands of pounds only)
The share of wealth may be increased or reduced, and new partners may be accepted by a collective decision of the partners unanimously on this.
Fourth item: Simple company term

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What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

The stage of the commercial establishment is years starting from / and ending in / / renewable for other similar periods unless one of the other partners is notified of the minutes of the minutes of his attendance desire not to renew before the current company period or any renewed stage at least six months.
If one of the partners wishes to leave the institution after the end of the first period, which is a year, the rest of the partners decide the fate of continuing with the recommendation institution or not, provided that the joint partners are not less than a joint partner.

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

Article 5: The right of administration and signature
Managing the company and signing it for the first and second parties and the joint and jointly or individually, namely Mr. / and Mr. / and they and all the authorities to achieve the purpose of the commercial establishment, including the right of singularity provided that the business issued by it is under the institution’s title and within the framework of its purposes and they have the right to delegate any individual from them to do all the practices or part of it .
Sixth Article: The right to borrow for the benefit of simple recommendation companies.
The partners shall collectively have the borrowing in the name of the commercial establishment and the organization of long-term obligations on the institution.
Article Seven: – Accounts and books of the Corporation
Regular commercial records shall be maintained for the Corporation’s accounts, in which the head of the monetary and in-kind property shall be monitored, and all banks, revenues and others shall be recorded according to the commercial and accounting principles.
The managing partner shall be responsible before the other partners for the harms caused by the breach of this obligation, and the rest of the partners have access to it for the first week of each month.
Item Eight: The Financial Year of Simple Recommendation Companies.
The company’s monetary year begins on the first of January of each year and ends at the end of December of the same year, with the exception of the first physical year, starting from the date of this contract and ending at the end of this month.
And the end of each financial year strikes the assets of the institution and its liabilities, the profit and destruction account, and works as a public Mirani, invoked by the partners for the sake of their signature on them, or following the departure of fifteen days from the date of sending a copy thereof to all of them by a registered letter with the acknowledgment of receipt.
And each of them shall have the right to exit at any time he wants on the books of the commercial establishment and its balance by himself or by examining one of the accountant specialists.
The determination of the price of profits and final destruction of the company shall take into account the deduction of the wages of employees and workers, the amounts equivalent to the value of consuming and renewing the number of machines and machines, and the price of taxes due and other expenses required by the proper functioning of the work.
Item Nine: – Distribution of Profits, Losses and Optional Reserves
Profits and destruction shall be distributed among the partners following the approval of the annual budget by the manager of the commercial establishment’s accounts and all the partners, or after he leaves fifteen days from the date of notifying the partners by mail, as follows:
1- Deducting 5% of the gains as an interim

What is a simple recommendation company and what is the formula for establishing simple recommendation institutions?

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ماهي شركة التوصية البسيطة وماهي صيغة تأسيس مؤسسات التوصية البسيطة؟
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