Limited Liability Partnership
Key Information to Note
- LLP Structure
Every LLP shall have at least two partners who can be an individual, a local company, a foreign company or another LLP.
Every LLP must have at least one manager who is an locally resident in Singapore, a natural person of full age (i.e. at least 18 years old) and of capacity.
- Cost savings when you avail this package
Company Secretary service is complimentary on the first year of incorporation to help you keep track of all statutory and legal requirements of the LLP. The succeeding year’s cost is $750 per annum. The package also comes with 2 free transactions which are valid within the first year of the company’s incorporation and free use (one-time) of our conference room during your meeting with the bank officer for bank account opening. Imagine the costs that you can save in the first year of your business!
What is included in the Package for Incorporation of Limited Liability Partnership for Singapore Residents?
- Limited Liability Partnership (LLP) Incorporation
We will prepare all necessary forms and documents and perform the name reservation and LLP registration with ACRA Bizfile. The package fee includes the registration fee of S$100 and name application fee of S$15
- Provision of Company Secretary
Our package comes with complimentary company secretary service for the first year of LLP’s incorporation. Company Secretary is not mandatory but it is good to have to make sure that someone is keeping track of the statutory and legal requirements of branch office.
- Incorporation Kit
The following are included in the Incorporation Kit:
- Minutes Book and Registers
- ACRA Business Profile
- Compliance Alerts and Reminders
Alerts and reminders will be sent making sure you will not miss important compliance requirements.
- Assistance with Opening of Bank Account
We arrange an appointment for the opening of bank account with local bank. You can use our conference room for free (one-time free usage) to meet with the bank officer for account opening.
- Free 2 transactions limited to Change of Registered Office Address and Change of Partner/Manager valid for 1 year from date of incorporation.
- General Advisory
We provide a 1-hour free advisory where we discuss the grants, taxation schemes, licensing, CPF, accounting and any matters that need your clarification.
