Allows partners to incorporate with limited liability while still carrying on business as a partnership. A LLP is a separate legal entuty from its partners S4(1) LLP Act. Like a company, it has perpectual succession and any change in its partners of a LLP will not affect its existence, rights or liabilites S4(2) and S3) LLP Act.
Profits of the LLP is subjected to personal income tax and Singaporeans / PRs is required to contribute to CPF Medisave based on profits declared with Inland Revenue of Singapore (Individual rates between 6-8%).
LLP registration requires a Minimum of 1 Manager & 1 Owner in the business structure which will be the same person.(Can only be formed by Singaporean / Singapore Permanent Resident which is a Natural Person of Full Capacity & Age 18 Years or above.
Our Limited Liability Partnership Formation package costs *$388 includes (*Jointly owned by Singaporean / Permanent Residents + Foreigners)
Professional Fees for form the Limited Liability Partnership
ACRA Incorporation fee (ACRA Fees including Company Profile, S$168)
Total Fees after Discount: S$388
If you only need our services solely to setup the Limited Liability Partnership, Promotion Price: *S$190 The above services is only for 2 partners, additional S$50 for each additional partner applies
Information Required For Limited Liability Partnership Formation:
2 Proposed Company Names
Principal Activities Description (Maximum of 2 activities)
Location of Registered Office – GO BIZ LINK Office or your physical office
Managers NRIC Copy (Only SIngaporeans / PRs can be the local Managers)
Owners - NRIC copy for locals, Passport Copy and Foreign Address for Foreigners
*100% owned by Singaporean / Permanent Residents)
OPTIONS 1.FREE 1 Round Self-inking stamp (Price: S$19) OR 2.FREE 12 Months Domain (.com.sg or .sg) by SGNIC (Price: S$60) OR 3.FREE 12 Months Shared Fax worth S$60 OR 4.FREE 12 Months Address worth S$60 OR 5.Free Daily Mail Alert via Email
