General Partnership

General Partnership

May be established in the AIFC for any lawful business, purpose or activity by 2 or more Persons.

Must, at all times, have a registered office in the AIFC to which all communications and notices to the partnership may be addressed.

A general partner is liable, jointly and severally with the other partners, for all debts and obligations of the partnership.

  1. Includes 2 or more Persons called general partners.
  2. The partners must enter into a partnership agreement signed by all the partners;
  3. Name of the general partnership must end with the word ‘Partnership’ or ‘and Partners’ or ‘&Co.’;
  4. The general partners may apply for registration of the general partnership, and for the registration of each of the partners;
  5. Registration fee 300 USD.                                                                                 Apply now

Application forms:

Application Form for Obtaining a Business Identification Number

Template Resolution on Registration by Partners

Application to Register General Partnership

Details on Beneficial Ownership

Standard Partnership Agreement for General Partnership GP