Limited Liability Partnership Regulations

The Board of Directors of the DIFCA, in the exercise of the powers conferred on them by Article 42 of the Law, hereby make these Regulations. 

1. INTRODUCTION 

1.1 Application and interpretation 

1.1.1

These Regulations may be cited as the “Limited Liability Partnership Regulations”. 

1.1.2 

These Regulations apply to: 

a. Limited Liability Partnerships incorporated under the Law and persons applying for the incorporation of a Limited Liability Partnership under the Law; 
b. Members, Designated Members, officers and employees of Limited Liability Partnerships incorporated under the Law;

c. auditors of Limited Liability Partnerships; 
d. Foreign Limited Liability Partnerships and Recognised Limited Liability Partnerships; 
e. the Registrar; and f. any other Person to whom the Law applies. 

1.1.3

In these Regulations a reference to the Law is a reference to the Limited Liability Partnership Law 2004. 

 
1.1.4

Defined terms are identified throughout these Regulations by the capitalisation of the initial letter of a word or phrase. Where capitalisation of the initial letter is not used, an expression has its natural meaning. 
 

1.1.5 

 The fol...