Can Dependant Pass holder be the Limited Partner of Limited Partnership (LP)?

Yes, a Dependant Pass (DP) holder can be a Limited Partner of a Limited Partnership (LP) in Singapore.

A Limited Partner is considered a passive investor and does not take part in the management of the business. As long as the DP holder remains a passive partner, there is generally no issue with holding this position under Singapore regulations governed by Accounting and Corporate Regulatory Authority (ACRA).

However, if the DP holder intends to be involved in the management or operations of the LP, they must obtain a valid work pass approved by the Ministry of Manpower (MOM), as Dependant Pass holders are not allowed to work or manage a business without proper authorisation.

Click here to learn more about LOC for DP holders who are the business owners