A limited partnership in Hong Kong is a business entity established and co-owned by two or more parties with a view to sharing profits.
Hong Kong strives to be a leading asset and wealth management hub and attract more funds with favorable taxation.
A limited partnership fund (LPF) is an onshore fund in Hong Kong in the form of a limited partnership primarily aimed at private funds looking for a cost-effective, onshore LP-GP structuring solution as it facilitates and attracts private equity investment funds to set up and register in Hong Kong.
This kind of company is limited by guarantee instead of capital, meaning the company is not owned by shareholders but by guarantee members.
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