Registration of Limited Partnerships - Victoria

Description

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.

To apply, complete the Limited Partnership Application form.

Other forms and related documents are available on the Consumer Affairs Victoria website.

Please consult the responsible agency for more information and to ascertain the level of compliance (if any) that may be required.

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

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application Sole Trader, Company, Partnership, Trust, Incorporated Association, Other, Co-operative $398.20

Fees for 2017-18.

Vary Variation Sole Trader, Company, Partnership, Trust, Incorporated Association, Other, Co-operative $56.90

Fees for 2017-18.

Administering agency

Department of Justice and Regulation

Consumer Affairs Victoria

Contact details

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

Phone: 03 8684 0735
Fax: 03 8684 6199
Other: 1300 558 181
Email: consumer@justice.vic.gov.au
Website: Consumer Affairs Victoria (Opens in new window)