Guide To Limited Partnerships In Guernsey

PREFACE

This Guide is a summary of the law and procedures relating to Limited Partnerships in Guernsey.

It is recognised that this Guide will not completely answer detailed questions which clients and their advisers may have; it is not intended to be comprehensive. If any such questions arise in relation to the contents, they should be addressed to any member of the Corporate & Commercial team, using the contact information provided at the end of this Guide.

1. INTRODUCTION

Limited Partnerships in Guernsey are governed by The Limited Partnerships (Guernsey) Law, 1995 (the Law). Limited Partnerships are a useful vehicle for investors in that they grant the benefit of limited liability but do not impose the rigid structure of a company.