A limited partner is the partner in a limited partnership A business entity which consists of one or more general partners and one or more limited partners.
» Meer over limited partnership limited partnership (formed under Dutch law) who is not involved with the daily operations of the business but acts as a capital investor. He stays at the background. He does not have rights to manage the company. The management and daily operations is the responsibility of the general partner(s).

Limited partnership in The Netherlands

A limited partnership (or: LP) is a business entity which consists of one or more general partners and one or more limited partners. Unlike the limited partner, the general partner In the Netherlands a general partner refers the partner in a limited partnership that is responsible for the daily operations of the business.
» Meer over general partner general partner is responsible for running the company. If there are more than one general partners they form among themselves a general partnership (under Dutch law).

Unlike a limited company, a limited partnership is not a separate legal person and has no separate capital. This means that the partners are personally liable for debts.