Tokumei kumiai

Tokumei kumiai (匿名組合), literally "anonymous partnerships," are a Japanese bilateral contract governed by the Commercial Code of Japan, Article 535 et seq. In English, they are often called TK or silent partnerships. In many respects they are similar to common law limited partnerships. In a tokumei kumiai arrangement, "anonymous (or silent) partners" (匿名組合員, tokumei kumiai'in) invest in a venture operated by a manager (営業者, eigyōsha).

Tokumei kumiai

Tokumei kumiai (匿名組合), literally "anonymous partnerships," are a Japanese bilateral contract governed by the Commercial Code of Japan, Article 535 et seq. In English, they are often called TK or silent partnerships. In many respects they are similar to common law limited partnerships. In a tokumei kumiai arrangement, "anonymous (or silent) partners" (匿名組合員, tokumei kumiai'in) invest in a venture operated by a manager (営業者, eigyōsha).