Partnerships in Estonia

A general partnership is a company in which two or more partners operate under a common name and are solely responsible for the obligations of the partnership with all of their assets.

Limited partnership - a company in which two or more persons work under a common name, and at least one of the persons is a General Partner, that is, is liable for the obligations of the partnership with all its assets, and at least one of the partners is Limited, that is is liable for the obligations of the partnership in the amount of its contribution.

A business association is a company whose purpose is to support and promote the economic interests of its members through a joint economic activity in which the members participate as consumers or beneficiaries of the benefits of other members through contribution to work, use of services or in any other similar way.

A commercial association is liable for its obligations with all of its assets. Members of a commercial association are not personally liable for the obligations of the association. However, the articles of association may state that the members are solely liable for the obligations of the association with all their assets, or bear certain responsibilities.