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Business law

Personal Liability in a General Partnership (VOF): What Are the Risks for Partners?

One of the most important – and often underestimated – aspects of a general partnership (vennootschap onder firma or VOF) is personal liability in a VOF. Many entrepreneurs start a VOF because of its simplicity and low costs, but insufficiently realize the risks involved. In this article, you will read when you as a partner are personally liable, what […]

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