Yes. A Partnership can also be converted into an LP where one or more (but not all) of its partners register themselves ...
When capital or profits distribution need to be refunded by a Limited Partner in Limited Partnership (LP) Firm?
Any distribution of capital or profits to the limited partners must be refunded if the following conditions are present:...
Can Limited Partner vary the contributions in a Limited Partnership (LP) Firm?
Yes. It is subject to the LP agreement, limited partners may increase, reduce or draw out their contributions with the a...
Difference between General Partner and Limited Partner in a Limited Partnership (LP) Firm?
General Partner is the one who manages the business whereas the Limited Partner should not involve with management of th...
Who can be the Partner of Limited Partnership (LP) Firm in Singapore?
At least one general Partner and limited Partner. Both can be individuals (at least 18 years or above) or body corporate...
Minimum age for Partner to set up a Limited Partnership (LP) Firm in Singapore?
A person aged 18 years or above can be a Partner of the LP (Limited Partnership).