Frequently asked question
Which entity should I use — exempted company, LLC or exempted limited partnership?
Corporate & Entities
The choice depends on investor rights, funding arrangements, tax classification, governance and the proposed activities. Exempted companies are commonly used for open-ended funds and holding vehicles. Exempted limited partnerships are widely used for private equity and venture capital structures. LLCs offer contractual flexibility and may suit manager, general-partner or other vehicles. The regulatory route must be assessed separately from the entity form.
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Related definition: Exempted Company.