CONTENTS
1. INTRODUCTION
2. GENERAL FEATURES OF PARTNERSHIPS
3. LIMITED PARTNERSHIPS
4. FORMATION OF A LIMITED PARTNERSHIP
5. PROVISIONS RELATING TO LIMITED PARTNERS
1. INTRODUCTION
The following is a brief guide to the law relating to partnerships in the British Virgin Islands. Prior to the enactment of the Partnership Act 1996, which came into force on 1st January 1997 (the "Act"), partnership law in the British Virgin Islands was derived from a very short Partnership Act of 1888 and the English common law and rules of equity.
There are two types of partnership organisation envisaged by the Act, general and limited partnerships. Paragraph 2 details some of the general provisions of the Act which are applicable to general partnerships. As limited partnerships are made up of both general partners and limited partners, many of these general provisions also apply to general partners in limited partnerships. Paragraphs 3 - 5 deal mainly with the provisions relating to limited
