世界著名咨询公司麦肯锡的一份报告表明，80%以上的投资者在进行投资决策时，认为公司治理与财务指标至少一样重要。而股权架构设计则被认为是公司治理中必不可少的关键环节。

A report by world-renowned consulting firm McKinsey shows that over 80% of investors believe that corporate governance is at least as important as financial indicators when making investment decisions. The design of equity structure is considered an essential key link in corporate governance.

其中，合伙企业架构成为大部分企业家作为持股平台的选择。那么，

Among them, the partnership enterprise structure has become the choice of most entrepreneurs as a shareholding platform. So,

今天就给大家分享一下，合伙企业架构到底哪些优点？

Today, I will share with you the advantages of a partnership enterprise architecture?

01优点一

01 Advantage 1

有限合伙是企业的一种，与公司是平行的概念，也就是我们所说的法人，拥有独立的资产，可以独立承担责任。

Limited partnership is a type of enterprise that is parallel to the concept of a company, also known as a legal entity that has independent assets and can independently assume responsibilities.

组成有限合伙企业的合伙人分为普通合伙人（GP）和有限合伙人（LP），这两者的权利义务有很大不同。

The partners who form a limited partnership are divided into general partners (GP) and limited partners (LP), with significant differences in their rights and obligations.

普通合伙人又叫执行事务的合伙人，无论出资多少，哪怕只占0.1%，都可以执行合伙事务、承担管理职能，对企业债务承担无限连带责任；至于有限合伙人，不论出资多少，哪怕是 99.9%，也没有参加管理和执行的权利，并且只需要根据出资额为限承担有限责任。

General partners, also known as executing partners, can execute partnership affairs and assume management functions regardless of how much capital they contribute, even if it only accounts for 0.1%, and bear unlimited joint and several liability for corporate debts; As for limited partners, no matter how much they contribute, even 99.9%, they do not have the right to participate in management and execution, and only need to bear limited liability according to the amount of contribution.

合伙企业最大的好处就是实现管理权与出资额之间的分离，可以实现以少量的出资获得整个合伙企业的控制权！

The biggest benefit of a partnership enterprise is the separation of management rights and capital contributions, which can achieve control of the entire partnership enterprise with a small amount of capital contribution!

比如私募投资是高风险高收益的举措，对出资方来说，有限合伙企业是非常有效的风险隔离机制，为有限合伙人隔离风险。

For example, private equity investment is a high-risk and high-yield measure. For investors, limited partnership enterprises are a very effective risk isolation mechanism to isolate risks for limited partners.

有限合伙人的身份让出资人仅以出资额为限，承担责任，很好地保护了出资人其他财产的安全，也保护了出资人在其他投资项目中的资本安全。

The identity of a limited partner allows the investor to bear responsibility only up to the amount of contribution, which effectively protects the safety of the investor's other assets and also protects the investor's capital safety in other investment projects.

02优点二

02 Advantage 2

合伙企业有一个经常用到的好处就是使用有限合伙企业搭建员工持股平台，这样的设置比直接持股要更好。

A common benefit of partnership enterprises is the use of limited partnership enterprises to build employee stock ownership platforms, which is better than direct shareholding.

直接持股适用用人数少、人员稳定的情况。

Direct shareholding is suitable for situations where the number of employees is small and stable.

若是人数较多、人员较为不稳定，经常离开退伙等，不管是增加人员还是减少人员，都需要进行工商变更。

If there are a large number of people, unstable personnel, frequent departure and withdrawal, whether it is to increase or decrease personnel, business changes need to be carried out.

股权结构以及股东信息一变再变，这对企业是非常不利的。特别是假设这家企业以后要走向资本市场，要融资、要上市。

The changes in equity structure and shareholder information are very detrimental to the enterprise. Especially assuming that this company is going to enter the capital market in the future, it needs to raise funds and go public.

这家企业在外人看来，底子非常不干净，历史非常复杂。因此搭建一个有限合伙企业，在合伙企业中进行变更就可以了。

To outsiders, this company has a very unclean foundation and a very complex history. Therefore, building a limited partnership enterprise and making changes within the partnership enterprise is sufficient.

企业只是为了持股而设立的，并没有实质性的经营活动。有限合伙企业仅作为持股平台，并未开展实质性经济业务，大大降低企业债务生成，只要企业未产生债务，即可避免GP责任承担。

Enterprises are only established for the purpose of holding shares and do not engage in substantial business activities. Limited partnership enterprises only serve as shareholding platforms and do not engage in substantive economic activities, greatly reducing the generation of corporate debt. As long as the enterprise does not generate debt, it can avoid GP liability.

03优点三

03 Advantage Three

有限合伙企业不是企业所得税纳税人，可以少交一道税，因此在纳税筹划中也会起到一定的作用。

Limited partnership enterprises are not corporate income tax taxpayers and can pay one less tax, so they will also play a certain role in tax planning.

比如合伙企业能改变个人合伙人的纳税地点，是合伙企业税收筹划的一个重要功能。

For example, the ability of a partnership enterprise to change the tax payment location of individual partners is an important function of partnership enterprise tax planning.

举个案例：自然人股东架构的甲企业有2名股东，A和B，甲企业属于高盈利行业，位于济南市，济南假设不存在财政返还，年税后利润10亿元左右。

For example, Company A with a natural person shareholder structure has two shareholders, A and B. Company A belongs to a high profit industry located in Jinan City. Assuming no financial returns, Jinan has an annual after tax profit of approximately 1 billion yuan.

A和B自然人股东分红个税=10亿元*20%=2亿元

Individual income tax on dividends from natural person shareholders A and B=1 billion yuan * 20%=2 billion yuan

该部分税收应缴纳在济南市。

This part of the tax should be paid in Jinan City.

改变：由自然人股东架构变为有限合伙企业间接架构，A和B成为有限合伙企业的2个合伙人，合伙企业位于某地享受财政返还优惠。

Change: From a natural person shareholder structure to an indirect structure of a limited partnership enterprise, A and B become two partners of the limited partnership enterprise, and the partnership enterprise is located in a certain location to enjoy financial return benefits.

A和B自然人股东分红个税=10亿元*20%=2亿元

Individual income tax on dividends from natural person shareholders A and B=1 billion yuan * 20%=2 billion yuan

该部分税收应缴纳在某地市。假设当地财政返还地方留存的80%。

This part of the tax should be paid in a certain city. Assuming that the local government returns 80% of the local retained funds.

取得的财政返还=2亿元*40%*80%=6400万元

Obtained financial return=200 million yuan * 40% * 80%=64 million yuan