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Specialty Entities
GP + LP · classic structure

Form a Limited Partnership. GP manages. LPs passive.

A Limited Partnership (LP) has at least one general partner (with management authority and unlimited liability) and at least one limited partner (passive, with liability limited to investment). LPs are common for investment funds (private equity, venture capital), real estate, and family wealth (FLPs). The state filing (Certificate of Limited Partnership) is required to maintain limited-partner liability protection.

All 50 states + DC 60-day money-back SOC 2 Type II
How it works

How we handle Limited Partnership, end-to-end.

A Limited Partnership (LP) has at least one general partner (with management authority and unlimited liability) and at least one limited partner (passive, with liability limited to investment).

1

Use case + structure

Investment fund (GP manages, LPs invest), real estate (GP organizes deals, LPs passive), family wealth (parents GP, children LPs in FLP), traditional partnership format. We pick the right LP structure.

2

GP selection

GP has management authority and unlimited liability. Often the GP is a small LLC or corporation to limit personal liability (LP/LLC sandwich structure). Single-member or multi-member.

3

Certificate filing

Certificate of Limited Partnership filed with state. Required to maintain LP liability protection. State fees vary $50-$300.

4

Partnership agreement + EIN + BOI

Partnership agreement specifies capital, profits, decisions, exits. EIN obtained. BOI report filed with FinCEN. Standard LP setup.

What we'll set up for you

A clean handoff, in four steps.

You give us the basics. We handle the state, the IRS, and the compliance clock so you can focus on the business.

01 · Name + Brand

A name that's actually available.

Real-time check against the state register, USPTO trademark database, and matching domains.

02 · State filing

Filed with the Secretary of State.

We submit your Articles, pay the state fee on your behalf, and return the stamped certificate.

03 · Federal IDs

EIN + the right tax setup.

Federal Employer ID with the IRS, plus state tax accounts when your business needs them.

04 · Stay compliant

Registered Agent + deadline tracking.

Your agent on file in every state, with every renewal and annual report tracked in one calendar.

Pricing

Transparent limited partnership pricing.

Government fees pass through at cost. No upsells.

LP + GP LLC

$899
LP with LLC GP.

Standard LP plus formation of LLC general partner. Protects individuals from GP's unlimited liability. Common modern structure.

Get started

Investment fund LP

$9999
Fund-grade documentation.

LP for investment fund use: GP entity, LP partnership agreement, side letters, subscription agreement. Coordinated with fund formation counsel. For PE, VC, and hedge funds.

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FAQ

About the Limited Partnership Formation Service.

What is the difference between LP and LLC?
LLC: all members have limited liability AND can participate in management. LP: GP has management + unlimited liability; LPs have limited liability + cannot manage. LLCs more flexible and popular for most modern uses; LPs preserved for investment funds and family wealth.
Why use an LLC GP?
Default GP has unlimited personal liability. Using a small LLC as the GP limits personal liability of the individuals who own and operate the GP. Common modern structure: 'LP/LLC sandwich' (LP + LLC GP).
What is Certificate of Limited Partnership?
State filing required to form the LP. Without filing, the partnership is a general partnership (unlimited liability for all partners). Lost certificate status retroactively converts the LP to general partnership.
Can LP partners participate in management?
Limited partners cannot participate in management without losing their limited-partner status (becoming general partners with unlimited liability). LPs are passive by design.
What tax treatment does an LP have?
Partnership taxation by default. Passes through to partners. LP can elect C-Corp via Form 8832 but rare. Partnership treatment preserves flexibility for special allocations and distributions.
Is LP better than LLC for investment funds?
Historically yes. LPs have well-established legal precedent, especially in Delaware. LLCs increasingly used too, but most institutional investors prefer LP structures. PE, VC, and most hedge funds use LPs.
Why File.Business

Premium compliance, no service-fee markup.

Trust you can verify

SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.

A compliance partner, not a transaction

Most providers go quiet after checkout. We auto-track every annual report, registered agent renewal, and license deadline across your entities. The Business OS dashboard keeps your compliance score visible year-round.

Premium experience competitors cannot match

Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.

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No state-fee markup. Pay only the state fee. 60-day money-back guarantee.

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