Flexibility for allowing a diversification of a portfolio.
Purpose of Limited Partnership (LP)?
Itβs often used as investment vehicle for large projects requiring substantial source of cash. Itβs also Β set up to prov...
Closing of Partnership.
The Partners can choose to cease the business. Dissolution: A partnership will automatically be dissolved should any par...
Closing the sole proprietorship
A sole-proprietorship business will cease when the proprietor either dies or otherwise ceases to carry on business. The ...
Can I appoint Manager to Partnership Firm in Singapore?
Yes. You can appoint Manger to your Partnership firm. AΒ partnership managerΒ is the person responsible of the day-to-day ...
Can I add new Partner to the existing Partnership Firm in Singapore?
Yes. You can add new Partners not to exceed the maximum limit of 20. A partnership of more than 20 partners must incorpo...