s.18Registration of limited liability partnership
18
Section 18Part 3 — Relations of Partners

Registration of limited liability partnership

←→ Navigate  ·  Click subsection badges to collapse  ·  Press ? for help

An application for registration as a limited liability partnership may be made by persons to whom section 4
applies. ( 2 ) An application shall be in the form of a registration statement delivered to the Registrar with a fee of such amount as the Cabinet shall by regulation prescribe.
The registration statement shall state —
the proposed name of the limited liability partnership, such name to comply with sect ion 8(1);
the address in the Islands of the registered office of the limited liability partnership;
the nature of the business of the limited liability partnership;
the name and address (which may be a business address) of each person who is to be a partner in the limited liability partnership; (da) the date of the end of the limited liability partnership’s financial year; c Revised a s at 1st January, 2025 Page 23
which of the partners under paragraph (d) is to be a managing partner, if any ; and ,
in the case of a corporate managing partner, there shall be filed with the registration statement a certificate of incorporation and a certificate of good standing, or similar document under the laws of the jurisdiction of incorporation, or a certificate o f registration and a certificate of good standing under Part 9 of the Companies Act (2025 Revision) ; and
in the case of a managing partner which is a partnership to be registered under this Act , there shall be filed with the registration statement a c ertificate of registration and a certificate of good standing or certified copies thereof; and
the term, if any, for which the limited liability partnership is to exist, failing which the limited liability partnership shall be considered to have unlimi ted duration.
Subject to section 8(3), upon receipt of an application complying with subsections (2) and (3), the Registrar shall register the limited liability partnership and issue a certificate of registration under the Registrar ’ s hand and seal of office, which certificate of registration shall be conclusive evidence that compliance has been made with all requirements of this Act in respect of the constitution and registration of a limited liability partnership.
The Registrar shall make the cer tificates or other documents under subsection (3) available for inspection by any person on payment of a fee of such amount as prescribed by regulations made by the Cabinet and the inspection shall be subject to such conditions as the Registrar may impose.
Any member of the public shall be entitled to be informed by the Registrar, on request, of the location of the registered office of any limited liability partnership registered under this Act .

Referenced By