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LLPs evaluation

SUMMARY OF ISSUES FOR CONSULTATION

REGISTRATION REQUIREMENTS
Issue 1
Do you agree that we can allow a partner of a limited liability partnership to pay for his contribution in kind, as long as the information is properly disclosed in the registration document?
Issue 2
Do you agree that a partner in a limited liability partnership should be allowed to pay his contribution in installments, subject to proper disclosure of this information?
Issue 3
Do you agree that a limited liability partnership in Singapore should be required to include the words “Limited Liability Partnership” or the abbreviation “LLP” in its business name and letterheads?
Issue 4
Do you agree that we should retain the 20-partner limit for limited liability partnerships for now, but empower the Minister to increase the limit in the future?
Issue 5
Do you think that we should statutorily require limited liability partnerships in Singapore to have at least two partners?
Issue 6
Do you agree that t...

Posted by: Carmen hershman

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