Limited Liability Partnership

Limited Liability 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 limited partner is not liable for any of the partnership’s Liabilities beyond the amounts that they have already contributed or agreed to contribute.

  1. Includes 2 or more Persons called limited partners;
  2. A Limited Liability Partnership must have a partnership agreement;
  3. Two or more Persons may apply for the incorporation of a Limited Liability Partnership in accordance with the terms of a partnership agreement;
  4. A Limited Liability Partnership must ensure that its name includes the words "Limited Liability Partnership";
  5. Registration fee is 300 USD for online application and 500 USD for paper application.

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Blank application forms:

Application Form for Obtaining a Business Identification Number

DECLARATION ON COMPLIANCE

Standard Partnership Agreement for Limited Liability Partnership - LLP

Template Resolution on Incorporation by Partners

Request for Invoice

Application LLP

 

Example application forms:

Application Form for Obtaining a Business Identification Number

Corporate Structure

Template Resolution on Incorporation by Partners

Details on Beneficial Ownership

Application LLP