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Form a Limited Partnership in a Few Simple Steps | The EZ Startup

FORM A LIMITED PARTNERSHIP

Starting From $79 + State Filing Fee

A Limited Partnership (LP) is comprised of at least one general partner and at least one limited partner. The general partners share completely in the business’ profits and losses. The limited partners, who are usually investors, share in the business’ profits, but their losses are limited to the value of their investment.

The EZ Startup can start forming your LP within minutes.

GET STARTED

WHAT YOU GET

Name

Name Availability Clearance for your LP

Certificate

A Certificate of Partnership prepared & filed with the state

Support

Personalized phone & email support throughout the process

KEY LIMITED PARTNERSHIP FEATURES

Ownership

Owned by the partners

Liability

General partners are fully liable for debts and activities of the LP while limited partners are liable to the extent of their investment

Management

Usually, general partners manage business and limited partners do not

Taxation

Not taxed separately from individual partners, and not required to file a tax return