Limited Liability Partnership

A Limited Liability Partnership (LLP) is something between a Partnership and a Private Limited Company. This kind of setup is more suitable for professionals such as lawyers, chartered accountants, architects, consultants, etc. A Limited Liability Partnership is more likely to have the flexibility of operating as a Partnership and still have a separate legal status, the same as the Private Limited Company. Here, the LLP has a distinct legal identity, and each partner has limited liability.

Who can register for LLP?
  • Singapore Citizens
  • Permanent Residents
  • Employment Pass Holders
  • Foreign companies or individuals* (*who have a local resident partner or appointed local manager.)
  • If someone wants to incorporate a Limited Liability Partnership in Singapore, then there must be two partners. Not only individuals, but the company or other LLPs can also register for the Limited Liability Partnership. There is no maximum limit of partners. Being a separate legal entity, the LLP can own properties and sue or can be sued in its own name.