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Labuan: Types of Company

Offshore Limited Partnership

An offshore limited partnership can be set up in Labuan and consists of not fewer than two and not more than 20 partners. There must be at least one general partner. An offshore limited partnership can be formed for the purposes of a specific project or for carrying on an offshore professional partnership (which is restricted to the fields of accounting, actuarial science, engineering, law and other fields that may be prescribed).

The Labuan Offshore Limited Partnership Regulations 1999 specified the process for setting up a Limited Partnership, and the fees payable to LOFSA.



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