Limited Partnership

Limited Partnership

Private Company Public Company Special Purpose Company General Partnership Limited Partnership Limited Liability Partnership Non-profit Incorporated Organisation Recognised Company Recognised General Partnership Recognised Limited Partnership Recognised Limited Liability Partnership Investment companies Protected Cell Company Restricted Scope Company Foundations

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.

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 1 or more Persons called general partners and 1 or more Persons called limited partners,
  2. A Person may not be a general partner and a limited partner at the same time;
  3. A Limited Partnership must have a partnership agreement;
  4. Name of the limited partnership must end with the words ‘Limited Partnership’;
  5. The general partners may apply for registration of the limited partnership, and for the registration
  6. Registration fee is 300 USD for online application and 500 USD for paper application.

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Application forms:

Application Form for Obtaining a Business Identification Number

Template Resolution on Incorporation by Partners

Details on Beneficial Ownership

Application to Register Limited Partnership

Standard Partnership Agreement for Limited Partnership