Limited Partnership (LP) Registration

Name: Limited Partnership (LP) Registration - Splashdict
Brand: CAC Registration
Price: 40000.00 NGN
Availability: InStock

NGN40,000

Register Your Limited Partnership (LP) with CAC

A Limited Partnership (LP) combines the flexibility of a traditional partnership with the benefits of limited liability for some partners. It must have at least one General Partner (with unlimited liability and managerial control) and one Limited Partner (with limited liability).

Registering an LP with the Corporate Affairs Commission (CAC) is ideal for joint ventures, professional services, investment setups, and family businesses seeking operational flexibility and liability protection.

Service Fee (All inclusive):

NGN40,000

Start Limited Partnership (LP) in Nigeria

Here's how SplashDict's team of CAC-accredited experts can help:

Filing & Documentation: We handle filings and required documents for registration of Limited Partnership (LP) with CAC.
Name Availability Check & Reservation: We conduct a CAC name search and reserve your preferred business name.
Official Confirmation: Receive Certificate of Registration (with Tax Identification Number), CAC Status Report, and Partnership Agreement for new LP.
Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.
Fast Processing: Completed within 2 to 10 working day(s), depending on CAC approval.
Secure Document Access: Your incorporation documents are securely stored online, accessible for free anytime, no need to pay CAC for re-downloads.
Ongoing Support: Get expert help from our Chartered Secretary and compliance team for all regulatory needs.

Get Started now!

Limited Partnership (LP) Business Registration

Why Register a Limited Partnership (LP)?

Registering a Limited Partnership (LP) offers a structured way to conduct business with both liability protection and investment flexibility. It allows for a clear division of responsibilities and financial risk between general and limited partners.

This can be attractive for businesses seeking outside investment without giving up complete control.

Legal Recognition: An LP is formally recognized under Nigerian law. It can own property, enter contracts, and sue or be sued in its registered name.
Flexible Investment Model: Ideal for raising capital without giving up control. Investors can contribute funds without being involved in day-to-day decisions.
Dual Liability Structure: General Partners manage the business and bear unlimited liability for its obligations. Limited Partners are shielded from liability beyond their agreed contribution, unless they take part in management.
Professional Credibility: Essential for opening bank accounts, applying for licenses or grants, and building trust with clients and regulators.
Tax Efficiency: Profits are taxed at the partner level (pass-through taxation), helping avoid corporate tax burdens.
Exclusive Name Rights: Registered LLP names are protected under CAC, preventing others from using your brand identity.
Annual Compliance Requirement: Limited Partnerships must maintain annual returns and adhere to regulations stipulated by the CAC to retain their legal status.

CAC Registration Service

Requirements for Limited Partnership (LP) Registration with CAC

Business Name: Two proposed names ending with “LP” or “Limited Partnership”.
Business Objectives: Clear classifications and description of what the LLP does.
Business Address: Proposed principal place of business.
Partners’ Details: Names, D.O.B, Gender, addresses, ID, signature, passport photos, etc.
Partner Structure: At least one General Partner and one Limited Partner (max 20 partners total).
Capital Contributions: Each partner’s capital contribution (whether in cash or in-kind) must be clearly stated.
Partnership Agreement: A draft agreement outlining the partners' rights, duties, and responsibilities.
Professional Certification: At least one General Partner must provide evidence of professional competence or certification in the relevant business field (e.g., law, accounting, consulting, engineering, etc.).