Limited Partnership LPSingapore
What it takes to form, own and run a limited 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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Has unlimited liability and is personally responsible for all business debts
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Two or more partners who can be individuals, companies or 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
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the LP.
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 individuals, companies or LLPs. There is no maximum number of partners.
- A local company secretary
- Does not apply
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
- Annual registry fee
- SGD 30 (about €21)
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Fee (non-refundable) One-year renewal: $30 Three-year renewal: $90
- 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.
- Renew business registration
- Not in our records
With Accounting and Corporate Regulatory Authority (ACRA)
Not stated on acra.gov.sg/manage/limited-partnerships/service-transaction-fees/ when checked
What is public
Not in our records What the register shows the public is not in our records for the LP.
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 business is closed by the general partner; the registration can also be cancelled if not renewed.
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The business is closed by the general partner .
- Statutory fee
- Free
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File cessation or dissolution of business entity What you need to know Details Fees 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 partnershipDerived our grouping, the same words in every country
- Name in law
- Limited Partnership (LP)
- ISO 20275 code
- 17FJSecondary GLEIF, Entity Legal Forms code list