The Process
(1) File a Form LPF1: Application for Registration of Limited Partnership Fund
We collect the necessary information from yourselves and complete the Form LPF1 on your behalf:
-
Name of the Fund (which needs to be in compliance with relevant ordinance)
-
Registered Address, which needs to be in Hong Kong (we can provide use of our address)
-
Description of proposed investment scope
-
Principal place of business of the LPF, and relevant contact information
-
Information on the General Partner
-
Information on Authorised Representative (as applicable)
-
Information on Responsible Person (a role that we can fill)
-
Presenter's Information (which must be a Hong Kong law firm or Hong Kong solicitor)
-
Details on the Investment Manager
-
Additional ancillary information
​
The above is not simply an information gathering exercise but, in addition, we will advise you throughout the process. For example, who or what type of entity can act as a GP, and when is an Authorised Representative necessary, among various other criteria and decisions to be made.
​
We file the Form LPF1 on your behalf in person at the Companies Registry in Admiralty, Hong Kong.
​
We can, at the same time, also make payment of the registration fee (currently HK$3,034) on your behalf.
​
Upon successful application, a "Certificate of Registration of Limited Partnership Fund" will normally be issued within 4 working days.
​
We will, on your behalf, collect the Certificate of Registration from the Companies Registry in Admiralty.
(2) Enter into a Limited Partnership Agreement
The Limited Partnership Ordinance requires that the Fund be constituted by a Limited Partnership Agreement (an "LPA") with the GP and at least one LP as the parties thereto.
​
The LPA is a private document and does not need to be submitted to the Companies Registry.
​
We have a comprehensive and flexible LPA for the purposes of initial LPF set-up.
​
We will enter in the relevant information to make it applicable to your LPF and help you to execute the LPA via DocuSign.
​
This LPA will be an enforceable agreement that satisfies the requirement under the Limited Partnership Ordinance.
​
You will have the option to further tailor this agreement, by way of amending it, as you see fit.