Registration of a Limited Partnership or an Incorporated Limited Partnership - Tasmania


You will need to be registered to operate as a limited partnership or an incorporated limited partnership. A partnership is an entity comprised of 2 or more people that jointly carries on business for profit.

A limited partnership allows you to form a partnership with 1 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 involved in the management of the business.

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 1 general partner, and 1 or more limited partners. You should seek expert legal advice before establishing an incorporated limited partnership.

Service type


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

Eligibility requirements

To be eligible for registration, the limited partnership must have:

  • a registered office in Tasmania
  • a written agreement between the partners
  • at least 1 general partner (and a maximum of 20)
  • at least 1 limited partner (but there is no maximum number of limited partners).

In addition to meeting the requirements of a limited partnership, incorporated limited partnerships must also be or intend to be registered as:

  • a Venture Capital Limited Partnership (VCLP)
  • an Early State Venture Capital Limited Partnership (ESVCLP)
  • an Australian Venture Capital Fund of Funds (AFOF)
  • a Venture Capital Management Partnership (VCMP).


As specified


Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application Partnership

Please contact the agency for more information.


Other resources

Task Business Structure Resources
Comply Co-operative, Incorporated Association, Partnership Licence, Registration and Accreditation Fees (Opens in new window)

Act(s) name

Partnership Act 1891 Tasmania

Administering agency

Department of Justice

Consumer, Building and Occupational Services

Contact details

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