List of common offences for Limited Partnerships
Section 18 - Requirement for Registration of changes in particulars for LP
- Section 18(1) states that whenever a change is made or occurs in any of the particulars registered in respect of any limited partnership, a general partner of the limited partnership shall, within 14 days after the change, or such further period as the Registrar may on application allow, lodge with the Registrar a statement specifying the nature and date of the change, and containing such other information as may be prescribed.
- Section 18(2) states that where a person has ceased to be a partner or local manager of a limited partnership, that person may lodge with the Registrar a statement under subsection (1) in respect of that change if he has reasonable cause to believe that no general partner of the limited partnership will lodge the statement with the Registrar.
Section 19 - Cessation of business
- Section 19(1) states that where any limited partnership registered under this Act has ceased to carry on business, a general partner of the limited partnership may lodge with the Registrar a notice in such form as the Registrar may determine notifying the Registrar that the limited partnership has ceased to carry on business.
Section 29 - Restriction on undischarged bankrupt being manager
- Section 29(1) states that any person who, being an undischarged bankrupt (whether he was adjudicated bankrupt by a Singapore court or a foreign court having jurisdiction in bankruptcy), directly or indirectly, takes part in or is concerned in the management of any limited partnership required to be registered under this Act, without the leave of the High Court or the written permission of the Official Assignee, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.
Penalties for late lodgements
For Limited Partnerships
| Length of Default (Months) | Late Lodgement Fee |
| Within 3 months | $50 |
| More than 3 months | $200 |
Applicable for filing due date on or after 9 December 2024
Below are examples of when penalty will be imposed for late lodgements.
Example 1
Partner, Mr David Tan of ABC LP, has resigned on 2 December 2024 and Mr Justin Lim has joined the LP as a partner on 2 December 2024. Under section 18 of the LP Act 2008, the LP is required to lodge notification of the cessation and appointment of the Partner within 14 days of the change. The LP lodged the prescribed form online via Bizfile on 16 February 2025. The penalty imposed on the LP is as follows:
| Legal Requirement | Due Date to File Notification | Date of Notification | Period of Default | Penalty |
| Section 18 | 16 Dec 2024 | 15 February 2025 | Within 3 months after due date | $50 for each cessation and appointment of a partner |
Example 2
Partner, Mr David Tan of ABC LP, has resigned on 2 December 2024 and Mr Justin Lim has joined the LP as a partner on 2 December 2024. Under section 18 of the LP Act 2008, the LP is required to lodge notification of the cessation and appointment of the Partner within 14 days of the change. The LP lodged the prescribed form online via Bizfile on 16 April 2025. The penalty imposed on the LP is as follows:
| Legal Requirement | Due Date to File Notification | Date of Notification | Period of Default | Penalty |
| Section 18 | 16 Dec 2024 | 16 April 2025 | More than 3 months after due date | $200 for each cessation and appointment of a partner |
