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

Is DP holder eligible to be the Limited Partner of Limited Partnership (LP)?

Can DP be the partner of LP?

• Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as the General Partner of Limited Partnership (LP) with ACRA.

However, the DP holder could start to run and manage the Limited Partnership (LP) only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).

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