Guide
Jersey limited partnerships: A guide
07 September 2022
A limited partnership is a partnership between one or more 'general' partners (who manage the partnership) and one or more 'limited' partners (passive investors who have no involvement in the day to day management of the partnership). While general partners have unlimited liability, a limited partner's liability is limited (subject to certain restrictions) to the difference (if any) between the amount which they have actually contributed to the partnership and the amount they have agreed to contribute to the partnership.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
