PartnershipSingapore
What it takes to form, own and run a general 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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All owners have unlimited liability. This means they are personally responsible for the partnership's debts, including those caused by other owners.
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Two to 20 owners, who can be individuals, companies, or LLPs.
The registry’s and the law’s own pages do not mention it.
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One-year registration: $115 ($15 name application fee and $100 registration fee)
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 Partnership.
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2 · at most 20
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Two to 20 owners, who can be individuals, companies, or LLPs.
- 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/how-to-guides/sole-proprietor-and-partnership-fees when checked
What is public
Not in our records What the register shows the public is not in our records for the Partnership.
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 owners' personal
- CFC rules in Singapore
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Owners can close a partnership themselves; ACRA may cancel registration if not renewed or business not running.
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Owners can close a partnership themselves.
- Statutory fee
- Free
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Closing a 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
- General partnershipDerived our grouping, the same words in every country
- Name in law
- Partnership
- ISO 20275 code
- 0NYSSecondary GLEIF, Entity Legal Forms code list