01/07/18

From Global Regulation & Policy

The New BVI Limited Partnership Act

Despite having been hit by two major hurricanes in September 2017, the British Virgin Islands (the BVI) continues to demonstrate its commitment to being a leading international financial services centre with the enactment of the new Limited Partnership Act (British Virgin Islands) (the BVI LPA) last December. This new piece of legislation has important implications for investment fund structures and provides promoters with much greater flexibility in structuring partnerships in the BVI.

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