Limited Liability PartnershipSingapore
What it takes to form, own and run a limited liability partnership in Singapore, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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An LLP is a separate legal entity that protects every partner's personal assets from business debts.
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Two or more partners who can be an individual, local company, foreign company or another LLPs. There is no maximum number of partners.
The registry’s and the law’s own pages do not mention it.
Form it
Who registers it
- Registry
- Formed without visiting
- Yes
- Formed online
- Yes
What it takes to form
- A notary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A resident director
- Required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2
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Two or more partners who can be an individual, local company, foreign company or another LLPs. There is no maximum number of partners.
- A local company secretary
- Does not apply
- A local registered agent
- Not required
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Requirements: Must be a Singapore address. Must be open and accessible to the public during normal business hours on each business day.
Each year, at the registry
- Annual registry fee
- SGD 30 (about €21)
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File annual declarations $30
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Annual declaration to ACRA
- Not in our records
With Accounting and Corporate Regulatory Authority (ACRA)
Not stated on acra.gov.sg/manage/limited-liability-partnerships/service-transaction-fees-limited-llp/ when checked
- First annual declaration of solvency to ACRA
- 15 months after incorporation
With Accounting and Corporate Regulatory Authority (ACRA)
Within 15 months of the LLP's registration date. Ongoing declarations: once every calendar year, not more than 15 months after the last one (not expressible as a rule here).
What is public
- Directors
- Public
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Getting basic entity information such as UEN, entity name, date of registration, and information about position holders, business owners or partners
- Beneficial owners
- To the authorities only
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Getting basic entity information such as UEN, entity name, date of registration, and information about position holders, business owners or partners
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Profits are taxed at the owners' personal or corporate tax rates
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Profits are taxed at the partners' personal
- CFC rules in Singapore
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- The LLP must be formally wound up or struck off.
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The LLP must be formally wound up or struck off.
- Statutory fee
- Free
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Apply to strike off business entity What you need to know Details Cost Free
Every business in Singapore
GST
- Standard rate
- 9%
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The current GST rate in Singapore is 9%. GST-registered businesses are required to charge and account for GST at 9% on all sales of goods and services in Singapore unless the sale can be zero-rated or exempted under the GST law.
- Other rates
- 0% Zero-rated supplies, such as exports of goods and international services
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When to charge 0% GST (Zero-rate) Exporting of Goods Learn when to zero-rate exported goods.
- Registration threshold
- SGD 1,000,000 · about €696,961
taxable turnover (retrospective: more than S$1 million in the calendar year; prospective: expected to exceed S$1 million in the next 12 months); 12 months
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Under the retrospective view , more than $1 million at the end of the calendar year, or Under the prospective view , expected to be more than $1 million in the next 12 months
- Voluntary registration
- Yes
A business not liable under either the retrospective or the prospective view may register voluntarily at any time if it fulfils the conditions.
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If you are not liable for registration under either basis but still wish to register, you may do so voluntarily.
- A foreign company
- The same threshold applies; needs a local tax representative
An overseas entity that registers for GST must appoint a local Section 33(1) agent. Under the overseas vendor registration regime an overseas business registers only if its annual global turnover exceeds S$1 million and its B2C supplies of remote services or low-value goods to Singapore exceed S$100,000 a year; such OVR pay-only vendors need not appoint a local agent.
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overseas businesses with an annual global turnover exceeding S$1 million and that make B2C supplies of remote services and/or low-value goods to customers in Singapore exceeding S$100,000 annually, will be required to register for GST in Singapore
- Returns filed
- Quarterly
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Any changes to your GST accounting period would have to align with your financial year-end and filing frequency requested: Month that the financial year ends in Filing frequency requested Standard GST accounting periods Mar, Jun, Sep, Dec Quarterly Jan-Mar, Apr-Jun, Jul-Sep, Oct-Dec
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
3 services name Singapore on their own list: Paysera, Airwallex, Stripe. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Limited liability partnershipDerived our grouping, the same words in every country
- Name in law
- Limited Liability Partnership
- ISO 20275 code
- 5SGVSecondary GLEIF, Entity Legal Forms code list