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This publication has been prepared for the assistance of those who are considering the de‐registration by way of continuation of a Bermuda exempted and/or limited partnership to a foreign jurisdiction as a foreign partnership. It deals in broad terms with the requirements and procedures under Bermuda law for effecting a deregistration by way of continuation; it is not intended to be exhaustive but merely to provide brief details and information which we hope will be of use to our clients. We recommend that our clients and prospective clients seek legal advice in Bermuda on their specific proposals before taking steps to implement them.
Before proceeding with such a de‐registration by way of continuation, persons are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.
Copies of the Bermuda Limited Partnership Act 1883, Exempted Partnerships Act 1992 and Partnerships Act 1902 have been prepared and are available on request.
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De-registration by way of Continuation of Bermuda Partnerships in Foreign Jurisdictions