We need to know if there are any restrictions on what sort of entity may be used as a General Partner in a New Zealand Limited Partnership.
Dean COOK, Seattle, USA
Section 18 of the Limited Partnership Act 008 specifies that “…Any person may be a partner of a limited partnership.”
New Zealand regulations do not place restrictions who may or may not be a General Partner in a New Zealand Limited Partnership, and the role may be taken up by an individual or business entity from any jurisdiction in the world.
In some cases it may be advantageous for the Limited Partnership to use a General partner from New Zealand.
For help with planning, structuring or registering you New Zealand Limited Partnership, feel free to contact us and talk to our consultants today.
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