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LIBERIAN LIMITED PARTNERSHIPS
BUY RELATED PRODUCTS

The Liberian Limited Partnership is a partnership having as members one or more general partners  and one or more limited partners. The limited partners are not bound by the obligations of the partnership. While a general partner has unlimited liability, the limited partnerís liability is restricted only to  the amount of his investment in the Limited Partnership. Limited partners are not liable for the debts,obligations and liabilities of the Limited Partnership.

Limited partners may not act to control the Limited Partnership. Limited partners can be easily replaced  without cancellation of the Limited Partnership.

Limited Partnerships are taxed on a pass-thru basis to  the partners. All income derived from the Limited Partnership is not taxed on an entity level.  Limited Partnerships are often formed by business owners involved in real estate, manufacturing and  other business ventures.

 

BUY RELATED PRODUCTS
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