Under the act of legislating, 1980, a company is defined as "the relation which subsists between persons carrying on business in common with the profit motive." In plain English, this means that if you and your partner are working together somehow to try to make money, then in the eyes of the law is in "partnership" of an official. There are some exceptions however, as if operating within a limited liability company (SL). Limited partnerships are covered by a separate piece of law which means they are excluded from the provisions of this law in particular. It is even possible ...