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Assessment Brief
You are required to write an assignment of 3000 words. There are two assignment tasks which are as follows:
TASK 1 900 words
Critically analyse the process of converting a partnership into a limited liability company. You have to identify all the processes and usual time those processes take. Also, identify the documents required for each process.
TASK 2 2,100 words
The following types of firms in Oman can be established under Oman Commercial Companies Law (OCCL):• Sole Proprietorship;• Partnership (general and limited);• Limited Liability Company (L.L.C.);• Joint Stock Companies (general - S.A.O.G. and closed - S.A.O.C.);• Joint Venture; and• Holding Company.
Critically compare the business organisational structures listed above in terms of legal personality, formation, and administrative requirements.
References
Proper structure, Harvard style of referencing and citation (minimum of 4 sources for Task 1 and 7 for Task 2)
Verified Expert
The assignment focuses on to discuss the two tasks, the first task aims to provide the evaluation for the process of converting the partnership in to a limited liability company which is itself found to be the effective strategy for the organization.The task 2 aims to define and discuss the legal personality for different firms and its administrative requirements.
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Task 1 Critical evaluation of the process of converting a partnership into a limited liability company Task 2 Legal personality of different types of firms Formation process of different types of firms Administrative requirements of different types of firms Findings and Conclusion
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