Registration of an Incorporated Limited Partnership - Australian Capital Territory

Description

You will need to be registered to operate as an incorporated limited partnership. A partnership is an entity comprised of two or more people that jointly carries on business for profit.

An incorporated limited partnership is a special corporate form of partnership primarily established for people engaged in high-risk venture capital projects. It is an organisation that is a legally separate entity from its partners, and must have at least one general partner, and one or more limited partners.

General partners have unlimited liability, whereas limited partners liability is limited to the amount they have agreed to contribute to the partnership. Limited partners and passive investors and cannot be involved in the management of the business.

You should seek expert legal advice before establishing an incorporated limited partnership.

Service type

Licence

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

Eligibility requirements

Please contact the agency to identify any eligibility requirements.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $857.00 Fees for 2021-22

Forms

Act(s) name

Partnership Act 1963 Australian Capital Territory

Administering agency

Chief Minister, Treasury and Economic Development Directorate

Access Canberra

Business and Industry Licensing

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Business and Industry Licensing

Business and Industry Licensing

Access Canberra

Chief Minister, Treasury and Economic Development Directorate

Australian Capital Territory
Mailing address: GPO BOX 158
Canberra, Australian Capital Territory 2601
Phone: 02 6207 3000
Phone: 13 22 81
Website: Business (Opens in new window)