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About Us
The Business
Icebreaker brings investors and entrepreneurs
together through a series of limited liability
partnerships.
Investors participate in Icebreaker LLPs investing
in the know how and creative material of entrepreneurs,
inventors and writers with a view to generating
significant profits.
Icebreaker Management Services Limited advises Icebreaker LLPs
on their activities. We understand the importance
of rights and support ongoing relationships with
entrepreneurs. At the same time we enable LLPs
to exploit the licences for commercial
profit.
To learn more about how intellectual property
licences can operate in relation to the written
word, music, software and image rights
click here.
Icebreaker LLP’s at work
Joining a partnership:
Individual investors contribute a minimum of £200,000 capital. It is intended this will comprise a cash contribution of £40,000 and a loan of £160,000.
An investor’s cash contribution may also
be financed by a loan subject to satisfying the
criteria of the relevant lender.
IFAs and professional advisors with clients who
could benefit from an Icebreaker investment, are
invited to enquire about our competitive commissions.
Succeeding in partnership:
Icebreaker Management Services Limited administers the day to day
running of the LLPs, which includes communications
to members and co-ordinating voting resolutions.
We also monitor the agreements made with entrepreneurs
to give LLPs the best chance of profits.
During the life of an Icebreaker LLP, certain tax benefits may be available to members who are
UK taxpayers. A member’s share of the LLP’s
expenditure will represent approximately 97.5%
of their capital contribution. Losses can be offset
against an investor’s other income in the
current year and the previous 3 years for income
tax by relying on generally accepted accounting
principles (GAAP). For capital gains tax, losses
can be used in the current year and carried back
one year.
Members may vote at any time to sell the LLP's business. In the event that the LLP sells its business, members should be liable to capital gains tax on their share of the relevant amount received on such sale. Deduction should be allowed for transaction costs and the amount of such tax would be charged on the member's share of the proceeds less their capital gains tax base cost.
What should I do now?
Investors and advisors are invited
to contact us for further details about opportunities
related to Icebreaker LLPs.
Phone: 020 7776 8888
Email:
info@icebreakerfund.com
To request a full copy of Icebreaker’s
Information Memorandum click
here.
If you are interested in licensing your or your client's intellectual property rights to an Icebreaker LLP please click here.
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