Definition:

A silent partner is an individual or company whose involvement in a partnership is limited to providing capital to the business.

Silent partners are also known as limited partners, since their liability is limited to the amount invested in the partnership.

Participating as a silent partner is a suitable form of investment for those who want to have a stake in a business without exposing themselves to unlimited liability.

A silent partner is not involved in the companies daily operations and does not generally participate in management meetings.

As with other partnership agreements, a silent partnership generally calls for a formal agreement in writing.

Undisclosed partnership (internal partnership) are not be registered per Austrian state regulations.

All parties will be responsible for ensuring the financial obligations are met, including any general expenses or applicable taxes.

Search for "Austrian Income Tax" to get detailed informations or ask your tax consultants.

 

We offer several different silent partnerships by invitation only.

 

For detailed information, please feel free to contact us!