Converting to a limited liability partnership (LLP)
Find out the requirements and fees involved in converting a company or partnership into an LLP.
Eligibility and requirements
You can convert your existing business structure to an LLP if you meet the specific requirements.
Converting to an LLP
Current business structure | Requirements |
|---|---|
Partnership |
|
Companies |
|
Note: You are strongly advised to read the second and third schedule of the LLP Act. This will help you understand:
The legal effects of the conversion.
Your responsibilities after you convert to an LLP.
Please seek legal advice if you need further advice or assistance.
How to convert to an LLP
First, apply for a new business name.
Then, use Bizfile’s General lodgement eService to convert your business. The fee is $40, and you will need to use your Singpass to apply.
Once the conversion is approved:
You will get a new registration number for your LLP
The date of conversion becomes the LLP's registration date
The status of your previous business will be updated to "Converted to LLP"
