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Essay

Adopting The Limited Partnership Regime

Essay specific features

 

Issue:

Business

 

Written by:

Sean S

 

Date added:

September 12, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2597

 

Was viewed:

447 times

 

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Essay content:

Due to New Zealand’s (“NZ’s”) economy size, location on the planet and low level of investment ready firms with high growth potential in the county, it is difficult to attract foreign venture capital . In order to attract more foreign investors The Ltd Act was created, which contained the combination of both partnership and company law...
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The Ltd Act provides a higher level of protection for investors than a partnership, and the tax and confidentiality advantages as a partnership . The purpose of adopting The Ltd Act regime is to bring and involve NZ with a number of other international jurisdictions i.e. Australia, Canada and the United Kingdom, where limited partnerships have been a very popular investment vehicle for venture capital...
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