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.
- Includes 2 or more Persons called limited partners;
- A Limited Liability Partnership must have a partnership agreement;
- Two or more Persons may apply for the incorporation of a Limited Liability Partnership in accordance with the terms of a partnership agreement;
- A Limited Liability Partnership must ensure that its name includes the words “Limited Liability Partnership”;
- Registration fee is 300 USD for online application and 500 USD for paper application.
Blank application forms:
Application Form for Obtaining a Business Identification Number
Standard Partnership Agreement for Limited Liability Partnership – LLP
Template Resolution on Incorporation by Partners
Example application forms:
Application Form for Obtaining a Business Identification Number
Template Resolution on Incorporation by Partners
Details on Beneficial Ownership