Registration of Limited Partnerships - Victoria

Service summary

This registration allows you to form a limited partnership.

A partnership is made up of two or more people who jointly carry on a business for profit. Under a general partnership, all partners are equally responsible for the business, and have unlimited liability for its debts and obligations.

A limited partnership allows you to form a partnership with one or more general partners (with unlimited liability) and limited partners, whose liability is limited to the amount they have agreed to contribute to the partnership. Limited partners are passive investors and cannot be involvement in the management of the business.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration, the partnership must:

  • have a registered office in Victoria
  • have at least one general partner (and a maximum of 20)
  • have at least one limited partner (but there is no maximum number of limited partners)
  • pay any required fees.

Please consult your legal advisor and the responsible agency for more information.

Duration

As specified on the licence.

Fees

 TypeAmountDescription
ApplyApplication$390.30

Fees for 2016-17.

VaryVariation$55.80

Fees for 2016-17.

Administering agency

Department of Justice and Regulation
Consumer Affairs Victoria

Act(s) name

Partnership Act 1958 (Victoria)

Regulation(s) name

Partnership (Fees) Regulations 2013 (Victoria)

Contact details

Department of Justice and Regulation
Consumer Affairs Victoria


Phone:

1300 558 181

Fax:

03 8684 6199
cav.registration.enquiries@justice.vic.gov.au

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.