Recital 15

(15) In order to protect the interests of third parties and enhance trust in business transactions with different types of companies in the internal market, it is important to enhance transparency and provide easier cross-border access to information about so-called ‘commercial partnerships’, which for the purpose of this Directive should be understood to be types of partnerships listed in Annex IIB. Those partnerships play an important role in the economy of Member States and are registered in all national business registers, yet there are differences between the types of partnerships and types of information made available about them across the Union, which results in difficulties in the cross-border access to that information. To address this, the same basic information about those partnerships should be disclosed in all Member States. The disclosure requirements for those partnerships should mirror the existing disclosure requirements for limited liability companies but be adapted to the specific characteristics of partnerships. For instance, the disclosure requirements should also cover information about partners authorised to represent the partnership, in particular general partners that have unlimited liability. As in the case of limited liability companies, Member States should be allowed to require that partnerships disclose documents or information beyond what is required by this Directive. Where such additional documents or information contain personal data, Member States are obliged to process such personal data in accordance with Regulation (EU) 2016/679 of the European Parliament and of the Council (7).

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.