wiki / answers / Hong Kong limited partnership fund (LPF)

Hong Kong limited partnership fund (LPF): sourced answers

5 answers to specific questions — each with a verbatim quote from an official source and a link to it.

Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.

Legal form in a country

What state (regulator) fee is paid on setting up or moving in the structure

registration fee HK$2,555

«On making an application, the following documents and fees are required: (a) Application for Registration of Limited Partnership Fund (Form LPF1); (b) Registration fee of HK$2,555; (c) Lodgement fee of HK$479 (non-refundable); (d) Notice to Business Registration Office (IRBR4); and (e) Prescribed business registration fee and levy Please refer to the Business Registration Fee and Levy Table for the correct amount of fees payable. Items (d) and (e) are required starting from 27 December 2023 upon the commencement of simultaneous business registration applications on registration of LPF.»

Source: cr.gov.hk · source copy as of 2026-10-03

LPF HK$2,555 plus a HK$479 lodgement fee

«On making an application, the following documents and fees are required: (a) Application for Registration of Limited Partnership Fund (Form LPF1); (b) Registration fee of HK$2,555; (c) Lodgement fee of HK$479 (non-refundable); (d) Notice to Business Registration Office (IRBR4); and (e) Prescribed business registration fee and levy Please refer to the Business Registration Fee and Levy Table for the correct amount of fees payable. Items (d) and (e) are required starting from 27 December 2023 upon the commencement of simultaneous business registration applications on registration of LPF.»

Source: cr.gov.hk · source copy as of 2026-10-03

Applies when: fee payable to the registrar

HK$2,555 plus HK$479

«On making an application, the following documents and fees are required: (a) Application for Registration of Limited Partnership Fund (Form LPF1); (b) Registration fee of HK$2,555; (c) Lodgement fee of HK$479 (non-refundable); (d) Notice to Business Registration Office (IRBR4); and (e) Prescribed business registration fee and levy Please refer to the Business Registration Fee and Levy Table for the correct amount of fees payable. Items (d) and (e) are required starting from 27 December 2023 upon the commencement of simultaneous business registration applications on registration of LPF.»

Source: cr.gov.hk · source copy as of 2026-10-03

Is the structure a separate legal person

No

«It is not a legal person.»

Source: cr.gov.hk · source copy as of 2026-10-03

Is the liability of a member of the given category for the structure's debts limited

Applies when: general partner

one general partner with unlimited liability

«An LPF must be constituted by one general partner and at least one limited partner under a written agreement. 34 What are the liabilities of the general partner in a Limited Partnership Fund ("LPF")? The general partner in an LPF has unlimited liability for all the debts and obligations of the fund. 35 What are the management responsibilities of the general partner in a Limited Partnership Fund (“LPF”)? The general partner in an LPF has ultimate responsibility for the management and control of the fund. The general partner also has a duty to ensure that there are proper custody arrangements for the assets of the fund as specified in the limited partnership agreement of the fund. 36 Who can be the general partner of a Limited Partnership Fund (“LPF”)? The general partner in an LPF must be— (a) a natural person who is at least 18 years old; (b) a private company limited by shares incorporated under the Companies Ordinance (Cap. 622) or a former Companies Ordinance; (c) a registered non-Hong Kong company (which has the meaning given by section 2(1) of the Companies Ordinance (Cap.622)); …»

Source: cr.gov.hk · source copy as of 2026-10-03

If you have questions or need a consultation, our experts will be glad to help.

private.lawprivate.law editorial team

Request a callback

Your contacts are used to answer this request. No mailing lists.