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Accounting and Corporate Regulatory Authority

Overview of managing a limited partnership (LP)

Get everything you need to know about managing an LP in a single place, from key requirements to popular resources.

Last updated 27 March 2026

After registration

Use our post-registration guide to check:

  • Immediate next steps required, such as applying for Corppass, licenses and permits, and various tax obligations.

  • What you need to do before you start operations

Key compliance requirements

Overview of LP requirements

LP requirements

Requirement

What you need to do

  1. Top up your CPF Medisave accounts

If you are self-employed and earn over $6,000 a year, you need to either:

  • Pay your Medisave contributions in full

  • Set up a GIRO arrangement with the CPF Board

Consequences: If you or your partners have outstanding payments, your business registration may be cancelled early. You will not be able to renew your business registration too.

Log in to CPF's self-employment dashboard to:

  • Check your payment status

  • Set up payment arrangements, such as GIRO

More details: Saving under the Self-Employed Scheme

  1. Renew your business registration

You must renew your registration every one or three years to keep your business active.

Tip: Set reminders to renew your registration. You can renew it up to 60 days before it expires.

  1. Keep your business information updated

Update your LP information within 14 days of any change.

Penalty: Late lodgement penalties

  1. Display LP details on documents

What you need to display:

  • LP's name

  • Unique entity number (UEN)

Examples of documents include:

  • Invoices

  • Official receipts

  • Letters to government agencies

Tip: Check our list of common offences and view the latest prosecution highlights to learn about serious breaches of ACRA-administered legislation.

Managing your LP

Bizfile guides for LPs

For

What you need to know

Resignations by key position holders

If you are a partner or manager of an LP, you can notify ACRA directly if:

  • You have ceased your role. For example, due to resignation.

  • The LP's general partner has not yet notified ACRA on your behalf.

How to notify: Use the General lodgement eService to notify ACRA.

Cost: Free

Automatic changes to LP registration

Your LP registration may automatically change when partners join or leave.

More details: Converting and restoring a Limited Partnership (LP) registration

Converting or closing your LP

Find out how to:

Featured tools and resources

Buying business information

Explains the ways to get business information from ACRA, how to conduct basic risk assessments, and available products.

Guides and forms for businesses

View our full list of guides, forms and templates, including step-by-step guides and tips to help you use Bizfile easily.

Reports and publications

Browse industry insights, research reports, and case studies for your LP.

Gazettes for striking off status

If you've applied to strike off your business, you can check the gazette records for updates.

Service & transaction fees: Limited partnership (LP)

Check the fees for key Bizfile transactions for LP in Singapore.