Lipase production was screened out of three Yarrowia strains and a novel Candida tropicalis strain isolated from soil samples and Yarrowia lipolytica NBRC 1658 showed the highest lipolytic activity was selected. Lipase produced by Yarrowia lipolytica NBRC 1658 was partially purified by ammonium sulfate precipitation and dialysis. Crude lipase, partially purified lipase and the yeast Yarrowia lipolytica NBRC 1658 was used for immobilization. Immobilization was carried out on carriers such as Sodium-alginate, k-Carrageenan and Agar- Agar. The highest lipase activity was detected in unimmobilized purified lipase sample as 11.17 U/ml.