Cayman Limited Liability Partnership Regime
In 2017, the Cayman Islands passed the Limited Liability Partnership Law, 2017 allowing for the registration of a new type of partnership vehicle, a limited liability partnership. Following its enactment the Cayman Islands government has worked on various operational aspects of the new regime to bring it in line with recent legislative enhancements. The various amendments to the Limited Liability Partnership Law for 2018, 2019 and 2020 (including the Limited Liability Partnership (Amendment) No.2 Law, 2020 (Commencement Order) are now in effect as of 1 December 2020.
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