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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 legal status of an organization is its Business Structure.According to the business structures, the farms in Oman are categorized into several types.The following report will give an insight to Oman law.It will also focus on the procedures involved in the conversion of a partnership into a Limited liability company.In addition, an overview of the legal personality of the business structures, formation procedure, and administrative requirements have been discussed in this assignment.
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