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ARTICLE · 06 JULY 2026

Guernsey Limited Partnerships

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Guernsey limited partnerships combine partnership flexibility with limited liability protection for investors. This comprehensive guide examines the legal framework governing these structures, from formation requirements and partner roles to tax treatment and dissolution procedures. Understanding these key characteristics is essential for anyone considering Guernsey limited partnerships for investment funds, joint ventures, or property holding structures.

GuernseyCorporate/Commercial Law
Carey Olsen
Carey Olsen
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Briefing Summary: Key characteristics of Guernsey limited partnerships.

Service Area:Corporate, Investment Funds

Sector: Private Equity, Trust and Company Business

Location: Guernsey

Content Authors: Andrew Tually, Emma Penney

The Limited Partnerships (Guernsey) Law, 1995, as amended (the "Law") governs Guernsey limited partnerships.

A Guernsey limited partnership seeks to combine the flexibility and tax transparency offered by a partnership structure with the benefit, for limited partners, of limited liability status similar to that offered by a company for shareholders. The Guernsey regime is flexible: a Guernsey limited partnership may elect on registration to have legal personality, there is no statutory upper limit on the number of partners, limited information is publicly available, and there is no general statutory requirement for audited accounts unless required by the partnership agreement or applicable regulatory requirements.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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