Entire Act

PART 4: CONDUCT OF BUSINESS

15. Limited Liability Partnerships: registered office and conduct of business

(1) A Limited Liability Partnership must, at all times, have a registered office in the AIFC to which all communications and notices to the partnership may be addressed.

(2) A Document may be given to, or served on, (however described) the Limited Liability Partnership by leaving it at, or sending it by post to, the registered office of the partnership in the AIFC.

(3) A Limited Liability Partnership must conduct its principal business, purpose or activity in or from the AIFC, unless the Registrar of Companies otherwise permits.

(4) To remove any doubt, subsection (3) does not prevent the Limited Liability Partnership also conducting its principal business, purpose or activity outside the AIFC.

(5) Contravention of subsection (1) or (3) is punishable by a fine.

16. Limited Liability Partnerships: particulars in communications

(1) A Limited Liability Partnership must ensure that its name, and the address of its registered office, appear in legible characters in all of its instruments, invoices, letterheads, order forms, receipts, statements of account, correspondence, publications and other communications, including any communications in electronic form.

(2) However, the Limited Liability Partnership may abbreviate the words ‘Limited Liability Partnership’ in its name to ‘LLP’.

(3) Contravention of this section is punishable by a fine.