Cayman Island Exempted Limited Partnerships
12 August 2020
The Exempted Limited Partnership Law (the ELP Law) governs the formation and operation of Cayman Islands Exempted Limited Partnerships (ELP).
An ELP may be formed for any lawful purpose to be carried out and undertaken either in or from within the Cayman Islands or elsewhere upon the terms, with the rights and powers, and subject to the conditions, limitations, restrictions and liabilities set forth in the ELP Law. An ELP cannot conduct business with the public in the Cayman Islands other than so far as may be necessary to carry out the business of the partnership outside of the Cayman Islands.