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Bahamas: Types of Company

Limited Partnership

Bahamian law relating to partnerships is essentially similar to English law. General or limited partnerships are allowed.

In a limited partnership there must be at least one general partner with unlimited liability, and the limited partners may not take part in management of the partnership. There must be a written partnership agreement which must be registered, and one of the general partners must file a notarised declaration of the sum contributed by the limited partners.

Partnerships which trade in the Bahamas need the appropriate business license, as for limited companies.

 

 

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