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Cook Islands: Types of Company

Limited Partnership

The creation of a limited partnership in the Cook Islands is governed by the International Partnerships Act 1984. Partnerships may have limited or unlimited liability. When registering the partnership the actual partnership agreement does not need to be filed. In a limited partnership, one of the partners must have unlimited liability.

An International Partnership must have one resident partner which can be either a resident licensed trustee company or an International Company incorporated under the International Companies Act and registered on the Islands. The rest of the partners must be non resident.

 

 

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