Capital requirements
There is no minimum requirements regarding the initial capital contribution, the members can provise even as less as HUF 1.000 as initial capital.

At least two person as founder are needed to form this type of company, and at least one of the members is called as general partner and the others are called as limited partners. The members can be either natural persons or legal entities as well.

The liability of the general partner is for the obligations not covered by the assets of the partnership is unlimited, and joint and several with all other general partners, while the limited partner(s) is/­are only obliged to provide the capital contribution undertaken in the memorandum of association.

Mode of representation
Basically only the general partners are entitled to represent the company, but it is possible to prescribe in the memorandum of association that the one or more limited partners are intitled as well to represent the company.

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