Virgin Islands Certificate of Limited Partnership
Description
How to fill out Certificate Of Limited Partnership?
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FAQ
There are two types of partnership that may be formed under B.V.I. law. One kind is where all the partners have unlimited liability for the debts and obligations of the partnership (?general partnerships?). The other kind is where some of the partners have limited liability (?limited partnerships?).
Any trademark to be registered in the USVI must already be fully registered in the United States. For any application in the USVI, the applicant must provide to the USVI Division of Corporations and Trademarks a Certified copy of the corresponding United States Certificate of Registration.
Legal personality ? under the new LP Act a BVI LP can elect whether it is registered with legal personality separate from its partners or not. A BVI LP with legal personality has full capacity to carry on or undertake any business or activity or do any act or enter into a transaction in its own right.
Unlike most US states, the USVI requires corporations to have a minimum of three directors, three officers, a president, treasurer and secretary. Corporate directors are not allowed. Stock must also be registered and there is a minimum capital requirement of $1,000.
In order to do so you require: Name and Address of Applicant. Nationality. Company Name (if applicable) Word, mark, logo, or stylized word mark. Class and a description of goods or services. Power of attorney or document empowering agent to act for the purpose of registration of trademark.
To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA). DLCA will complete the "One Step" review process with the following government agencies: Police Department. VI Bureau of Internal Revenue (tax clearance)
The process involves: A trademark search. Identifying the relevant trademark class. Filing an application with the USPTO. Engaging a U.S.-licensed attorney (for non-U.S. entities). Application review. Publication in the Official Gazette. Final registration.
To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA).
