Easy, Fast & ProfessionalForm a Delaware LP
Delaware Limited Partnership
A Delaware Limited Partnership is the legal entity which begins with the filing of a Certificate of Limited Partnership. It classifies partners into two types: operating partners called General Partners and passive investors called Limited Partners. An LP consists of one or more “general partners” who manage the company and are held liable for company debts and expenses, as well as one or more “limited partners” who are passive investors and not held liable for company debts and expenses.
We suggest that you name a separate limited liability business such as an LLC or Corporation to be the General Partner. Also you will need a Limited Partnership Agreement, which is not included. Most customers who order the limited partnership package have their Agreement already.
IncNow will file a Certificate of Limited Partnership and act as agent for $415.00. This does not include the LP Agreement.