We are about to start registering a New Zealand Limited Partnership, but first need to know if there are any restrictions on who may be a Limited Partner.
Karl SAGER, Auckland , NEW ZEALAND
According to Section 18 of the Limited Partnership Act 2008 “…Any person may be a partner of a limited partnership.”
As there are no restriction placed on who may be a Limited Partner in the New Zealand Limited Partnership, the role may be taken up by an individual or company from any jurisdiction in the world.
The Limited Partnership may be planned and structured to include a Limited Partner from a specific jurisdiction, in order to bestow the company with pre-planned commercial or business advantages.
For more information on how your proposed Limited Partner could interact with a New Zealand Limited Partner, please contact our consultants to discuss your situation today.
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