In April 2009 the States of Guernsey approved the introduction of limited liability partnerships in Guernsey (see Billet D'Etat XI April 2009 and Resolutions, pdf). A draft of the Limited Liability Partnerships (Guernsey) Law 2012 has now been published for consultation: see here (pdf). The draft contains a couple of important changes compared with the originally published proposals: [a] all LLPs will have separate legal personality and [b] the members' agreement will no longer need to be filed with the Companies Registry.
Wednesday, 4 April 2012
Guernsey: the Limited Liability Partnerships (Guernsey) Law, 2012
In April 2009 the States of Guernsey approved the introduction of limited liability partnerships in Guernsey (see Billet D'Etat XI April 2009 and Resolutions, pdf). A draft of the Limited Liability Partnerships (Guernsey) Law 2012 has now been published for consultation: see here (pdf). The draft contains a couple of important changes compared with the originally published proposals: [a] all LLPs will have separate legal personality and [b] the members' agreement will no longer need to be filed with the Companies Registry.
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