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ARTICLE · 18 MARCH 2013

Guide To Partnerships In Bermuda - March 2013

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This Guide to Partnerships in Bermuda is concerned exclusively with exempted partnerships and overseas partnerships and does not concern local partnerships i.e. partnerships established by Bermudians for the purpose of carrying on business and trading within Bermuda.

BermudaWealth Management

PREFACE

This Guide to Partnerships in Bermuda is concerned exclusively with exempted partnerships and overseas partnerships and does not concern local partnerships i.e. partnerships established by Bermudians for the purpose of carrying on business and trading within Bermuda. The intention is to provide an outline of Bermuda's legal and regulatory environment in relation to exempted partnerships (both limited and general) and overseas partnerships, and the formation and/or registration procedures for such entities. The Guide is, therefore, designed as a starting-point for a more detailed and comprehensive discussion of the issues.

Persons interested in the establishment of or the operation of exempted or overseas partnerships in Bermuda should consult legal, tax and other professional advisers in their respective jurisdictions.

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