In the limited partnership model, the shareholders do not directly hold the equity of the core company, but indirectly hold shares in the core company through the limited partnership. Limited Partnership Structure Building Process:1.The founder (actual controller) establishes a one-person owned company. 2.One person *** as a general partner (GP), senior executives as a limited partner (LP), etc., jointly set up a limited partnership. 3.The limited partnership holds a stake in the core company. 
Limited partnership structures are often used in the following situations:1.Founder shareholders with a high degree of separation of money and power: For capital-intensive industries, VC PE plays a vital role in the development of enterprises. If the founders predict that their own shareholding and that of the management team will be diluted to a very low level, they can adopt this type of limited partnership structure for the sake of control, and as far as possible, the investors or managers will indirectly hold shares in the core company through the limited partnership, and the founders themselves will act as the general partners of the limited partnership. 2.Financial investors who have the intention of cashing out in the short term choose to register a partnership in a tax depression, and the partners may enjoy local preferential treatment for approved collection or financial refund. If the investor has a plan to cash out in the short term after investing, a limited partnership structure can be considered. 3.Employee stock ownership platform: When there are many equity incentive recipients, using the partnership as an employee stock ownership platform not only facilitates the management of equity, but also helps major shareholders gain more control. The above is about the Nine Invitation Opening Network (high-quality author list) for you.
Limited partnership structure of the main equity structureI hope it will be helpful to you.