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Limited Liability Partnerships

A Limited Liability Partnership is a body corporate and has legal personality separate from its members.  An LLP has unlimited capacity.

An LLP may be formed in Guernsey for the carrying on of any lawful business with a view to profit or any other lawful activity.

An LLP shall have 2 or more members.  A member can be a natural person or a body corporate.

In each calendar year before the 30th June every LLP registered before 1st May shall complete and deliver an annual validation containing information current on the 31st May to the Registrar.