Limited partnership registration - Queensland

Description

You will require this registration if you intend to form a limited liability partnership or an incorporated limited partnership between two or more people / corporations.

A limited liability partnership is a business with 2 or more people which limits the liability of the limited partners. It must have at least 1 general partner and at least 1 limited partner.

An incorporated limited partnership is a business with 2 or more people which is its own legal entity. A legal entity has a lower financial and managerial risk level for limited partners. This helps to protect their personal assets. As a legal entity, an incorporated limited partnership is responsible for all of its debts and obligations.

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 to register as an incorporated limited partnership, you must be:

  • a venture capital limited partnership (VCLP)
  • an early stage venture capital limited partnership (ESVCLP)
  • an Australian venture capital fund of funds (AFOF)
  • a venture capital management partnership (VCMP)
  • intending to be any of the above.

To be eligible to register as a limited liability partnership, you must have at least 1 general partner and at least 1 limited partner.

Duration

This partnership will remain in effect until dissolution or cessation.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $153.60

Application for registration of limited liability partnership

Apply Application All $831.60

Application for registration of incorporated limited partnership

Vary Variation All $74.15

Change of details relating to limited liability partnership

Transfer

You can transfer a partnership by submitting a completed change of details form. You must lodge notification within 7 days of the date of change.

Administering agency

Department of Justice and Attorney-General

Office of Fair Trading

Registration Services

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:

Registration Services

Registration Services

Office of Fair Trading

Department of Justice and Attorney-General

Operating address: Upper Plaza Terrace
33 Charlotte Street
Brisbane, Queensland 4000
Mailing address: GPO Box 3111
Brisbane, Queensland 4001
Phone: 13 74 68
Phone: 07 3738 8789
Fax: 07 3738 8783
Email: RegistrationServices@justice.qld.gov.au