Israel LLP
Israel Limited Liability Partnership Key Features
- A limited partnership must have at least one general partner and one limited partner.
- The general partner, as in a general partnership, has unlimited liability for the obligations of the partnership.
- The liability of a limited partner is limited to the sum invested in the partnership.
- The limited partner may not participate in the management of the partnership and does not have the power to bind the partnership.
- A limited partner may not, while the limited partnership is in existence, draw on or receive back, either directly or indirectly, any part of his investment in the partnership.
Israel LLP |
Corporate Details |
General |
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Limited Partnership (LP) |
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Yes |
Share capital or equivalent |
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No minimum |
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USD $50,000 |
Directors | Officers | Partners |
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2 |
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Yes (1 general partner/director) |
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Yes (although limited partner details are confidential) |
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No |
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Yes |
Company Secretary |
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No |
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N/A |
Accounts |
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Yes |
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No |
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Yes |
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Yes |
- Israel Limited Liability Partnerships are tax exempt.
- The liability of a limited partner is limited to the sum invested in the partnership.
- The general partner, as in a general partnership, has unlimited liability for the obligations of the partnership.
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers