ARTICLE · 20 MAY 2015

Guide To Limited Partnerships In Guernsey - May 2015

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

GuernseyWealth Management

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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.

Guernsey Limited Partnerships are used for a number of reasons including:

as part of international tax planning arrangements utilising the fiscal transparency of the limited partnership concept;
as vehicles for private equity and venture capital schemes;
as components in asset protection arrangements; and
as vehicles for collective investment funds in Guernsey.

2. WHAT IS A LIMITED PARTNERSHIP

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