Limited Partnerships can be utilized for a variety of purposes including:
Asset Protection
Family Limited Partnership (for succession planning)
General Investment Holding
Specialist Investment Holding, such as film rights (ability for investors to utilize tax losses)
Joint Venture Business Projects (ability to have different participation rights)
Pass through entity for tax treatment (fiscal transparency)
Professional practitioners business entity
It is recommended that all BVI Limited Partnerships are reviewed by a BVI law firm. ATU can arrange for this service for the client for a reasonable charge.
