Dáil Éireann Debate, Tuesday - 24 July 2018
274. Deputy Michael McGrath asked the Minister for Finance the number of limited partnerships in the IFS that have been set up here in each year since 2015; the comparable number in other EU countries for each of the years since 2015; and if he will make a statement on the matter. [33920/18]
Amharc ar fhreagraThe responsibility for Limited Partnerships rests with the my colleague, the Minister for Business, Enterprise & Innovation as per the Limited Partnership Act, 1907. I have been informed by that Department that the Companies Registration Office does not have details of the number of limited partnerships set up specifically in the IFSC.
The Department of Business, Enterprise & Innovation has supplied the following data on the total number of Limited Partnerships on the register and the number registered in Ireland since 2015.
|
Year |
Number of Limited Partnerships on the Register |
Number of Limited Partnerships Registered in year |
|
2015 |
1,136 |
87 |
|
2016 |
1,602 |
466 |
|
2017 |
2,278 |
676 |
|
2018 (to end-June) |
2,494 |
216 |
I have also been informed by the Department of Business, Enterprise & Innovation that they do not have any statistics on the numbers of Limited Partnerships established in other parts of Europe. The Department of Business, Enterprise & Innovation point out however that based on data from Companies House (UK), the number of Limited Partnerships Incorporated in the UK at end of period:
|
Year |
Number of Limited Partnerships (LPs) Registered |
|
2012-2013 |
2,769 |
|
2013-2014 |
4,026 |
|
2014-2015 |
4,545 |
|
2015-2016 |
6,544 |
|
2016-2017 |
5,650 |
With regard to other European countries, Limited Partnerships as a structure are either not available in other European countries or are not directly comparable to the structures within Ireland. For example Germany has a partnership structure that is utilised for investment funds but the structure differs to that within Ireland, and France has introduced a form of limited partnership in 2015.
