What is DOO? — Multi-partner LLC
DOO is a commercial company with two or more partners. Each partner's liability is limited to their capital contribution.
Definition
DOO is a commercial company with two or more partners. Each partner's liability is limited to their capital contribution.
Details
DOO can have 2 to 50 partners. Managed by a director or board. Each partner's share is proportional to their contribution.
Example
Two partners establish DOO 'TechBro' with 50% share each.