INCORPORATION - Partnership - Limited Partnership (Package)
- Incorporation of limited partnership
- Registered address free 1 year worth $200
A partnership is a business firm formed by 2 to 20 partners. There are different forms of partnership setups in Singapore.
The business partners are personally liable for the business liabilities and debts. The partners share responsibility. It is not the best business structure in Singapore since it has a lot of risks.
This is the most common type of partnership structure in Singapore because the liabilities are limited to the company’s investments. The risks are limited.
This is basically a structure where a registered LLP gives the partners the freedom to run the business. And this partnership is usually for professional business joint. (eg: Lawyer firm, Accounting firm, Audit firm etc.)
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