General Overview of Guernsey Limited Partnerships

The Limited Partnerships (Guernsey) Law, 1995 (as amended) (the “LP Law”) provides a framework for the establishment and management of limited partnerships in Guernsey. Often overlooked in favour of limited liability companies, a limited partnership is a unique entity which combines the benefits of limited liability protection for its members with a highly flexible and tax transparent corporate vehicle. Combined with Guernsey’s pragmatic financial regulation and established corporate administration infrastructure, these features have made Guernsey limited partnerships extremely popular as an offshore vehicle for private equity funds, co-investment vehicles and special purpose asset-holding vehicles.  Click here to read more.