Introduction
For the purposes of Bermuda law, a partnership is the
relationship between two (2) or more persons carrying on a business
in common with a view to profit. The purpose of this Guide is to
provide an overview of the legal framework of partnerships in
Bermuda, including exempted limited partnerships.
The advantage of a partnership is that it is versatile enough to
handle a variety of business activities whether a small enterprise
or establishing an investment fund.
The business of the partnership is carried out according to the
partnership agreement and applicable Bermuda partnership law, and
the partnership agreement can be oral or in writing or may even be
implied by conduct.
