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Business Management · ACRA

LP Conversion and Restoration

The presence of a limited partner affects whether LP registration can continue.

Source checked · 11 October 2026

Key points

An LP without a limited partner is suspended and converts to a sole proprietorship if one general partner remains, or a partnership if several remain. Appointing a new limited partner restores LP registration. A separate rule concerns investment-fund LPs: a Regulation 12 LP must convert to regular status when it no longer satisfies the fund, management or activity conditions. Limited-partner details then become public.

Official source

A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.

Read the official source ↗
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