Division of a partnership
With division, an activity or branch of an activity, or a share in a partnership, is divided among the partners. In most cases, compensation must be paid because the activities do not correspond precisely to the participating interests. Division results in transfer by singular succession.
A division balance sheet must be prepared.
In general, these rules apply to all entrepreneurs from EU Member States in Austria.
Translated by the European Commission
Last update: 6 February 2023
Responsible for the content: Federal Ministry of Labour and Economy