Features of the BVI Limited Partnership legislation include:
Contribution of the Limited Partner(s) can be in cash, property, or services.
A person may be both a General Partner and a Limited Partner in the same partnership at the time.
The Limited Partner(s) can in the articles of partnership establish rights of priority inter se (for instance for return of contributions, distributions and so on).
The Limited Partner(s) interest in the partnership can be assigned, unless otherwise provided for the articles of partnership.
There are no minimum capital requirements or debt/equity ratios for partnerships formed under BVI Law.
Certificates of Good Standing for Limited Partnerships can be issued by the Registrar upon request.
The time frame for establishment of a Limited Partnership upon finalization of the partnership articles required by the client, is one day.
