Provide ownership records and the executed partnership, operating or shareholder agreement, including voting and management provisions. Add relevant board or operating records if they show how authority is exercised.
Make shared decisions understandable
Identify reserved matters, appointment rights and any limits on either partner. Explain who handles significant business functions without claiming that one partner performs work actually controlled by the other. Include nationality records and each relevant contribution separately.
The E-2 analysis needs the complete arrangement; a capital table showing equal percentages cannot reveal special rights hidden in other agreements. Look specifically for the rights that are not in the ownership record, since that is where the answer usually sits. Ask for every executed agreement and amendment, then read for reserved matters, appointment rights and any limit on either partner.
Add board or operating records where they show how authority has actually been exercised, because a pattern of one partner signing everything is evidence regardless of what the agreement permits. Explain who handles significant business functions without claiming that one partner performs work the other actually controls. Include nationality records and each contribution separately, since a capital table showing equal proportions cannot reveal special rights held elsewhere.
Request confirmation in writing that no further side agreement exists.