Q: I want to start over as WLL but without losing the track record of my current clients. I'm not sure if I should sell my current company to the new one? A: You can convert the company from individual establishment to Single Person Company (if you want to be the sole owner) or a WLL…

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Changing the status of a company to WLL company

I have a company that is 5 years old. It is an individual-owned company. I want to start over as WLL but without losing the track record of my current clients.

I'm not sure if I should sell my current company to the new one? or Start a WLL and then move it.

There will be a new name for the new WLL company too.

Faten Al Haddad

Al Haddad Law Firm

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3 Oct 2019, 07:43

You can change the status of the company and add a partner. please send us the details of the company on faten@alhaddadlaw.com

3 Oct 2019, 07:49

Hi Faten, there is no additional partner. It's just me.

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Isa Hasan

Justice House Bureau of Attorneys & Legal Consultancy

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6 Oct 2019, 18:54

You can get the company and change partners without losing former customers.

Add more than one partner to that company.

For more information:

isa.kh.lawyer@gmail.com

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Hamad Bushlaibi

Hamad Bushlaibi Advocates & Legal Consultants

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9 Oct 2019, 06:52

You can convert the company from individual establishment to Single Person Company (if you want to be the sole owner) or a WLL (if you have a partner). This way you can retain all your clients in a very easy manner. For more details please write to us at hk.legal.bh@gmail.com.

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