The Limited
Liability Partnerships Act commenced operation on the 11
April 2005 and is administered by the Accounting and
Corporate Regulatory Authority (ACRA).
Our fee for
registration of LLP is $600 inclusive of registration and
government fees paid to the ACRA and cost of common seal.
Cheque payment made in favour of D&I Corporate Services Pte
Ltd or you can pay by credit cards
The partners of the Limited Liabilities Partnership (LLP)
will not be held personally liable for any business debts
incurred by the LLP. However a partner may be held
personally liable for claims from losses resulting from his
own wrongful act or omission. But a partner shall not
be personally liable for such wrongful acts or omissions of
any other partner of the LLP.
Every LLP must have at least
one manager who is ordinarily resident in Singapore. All
managers shall be natural persons of full age and capacity.
“Ordinarily resident" means the usual place of stay of a
person. For our purposes, if the person can provide a local
residential address and prove that he is long-staying (i.e.
he can legally remain in Singapore for a long period), we
can accept that he is ordinarily resident here.
We accept the following
status as indication of permanent residency in Singapore.
They are:
a) Singapore citizens;
b) Non-Singapore
citizens who possess the following:
i)
Singapore Permanent Resident status
ii) Employment
Pass or Approval-In-Principle Employment Pass or