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  • Form 701 General Information (registration Of ... - State Legal Forms

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Form 701 General Information (Registration of a Limited Liability Partnership) The attached form is designed to meet minimal filing requirements pursuant to the relevant statutory provisions. This.

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How to fill out the Form 701 General Information (Registration of a Limited Liability Partnership) online

Filling out the Form 701 General Information is an essential step to officially register your partnership as a limited liability partnership (LLP). This guide provides clear and supportive instructions on how to complete the form effectively and accurately.

Follow the steps to successfully complete the form.

  1. Click the ‘Get Form’ button to obtain the form and open it in your online editor.
  2. In the first field, enter the name of the partnership. Ensure it includes the phrase 'registered limited liability partnership' or 'limited liability partnership,' or the abbreviation 'LLP' or 'L.L.P.' as the last words or letters.
  3. If the partnership has a federal employer identification number (FEIN), enter the 9-digit number in the provided field without any punctuation. If there is no FEIN, check the appropriate statement and leave the field blank.
  4. Provide the street address of the partnership’s principal office. This can be located either in the state or outside of it.
  5. Indicate the number of partners within the partnership. Note that this refers only to general partners in the case of a limited partnership registering as a limited liability partnership.
  6. Write a brief statement about the partnership’s business.
  7. Choose whether the filing will be effective upon submission or at a later date, not exceeding ninety days. Select one option and specify the desired delayed effective date if applicable.
  8. For execution, ensure the document is signed by a majority of the partners or authorized individuals. Note that this form does not need to be notarized, but it must be signed with accurate information.
  9. Calculate the filing fee based on the number of partners multiplied by $200, and prepare your payment. Accepted payment methods include checks, money orders, or credit cards.
  10. Finally, mail or fax two copies of the completed form along with the filing fee to the specified address. Ensure to include credit card information if sending via fax.
  11. Once submitted, maintain a copy of the document for your records. You can also save changes, download, print, or share the completed form as necessary.

Complete your documents online to ensure a smooth registration process.

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Limited partnership formation documents can include a partnership agreement and state certificates. Without these documents, the partnership will not be valid.

LLC: Core Differences. In basic terms, the owners of an LLP are considered partners in an organization, while the owners of an LLC are members. As a result, there are key differences between how the limited liability protection is recognized, how an LLC and LLP are managed and how each structure is taxed.

For the GP, a limited partnership is much easier to set up and operate than a corporation. Capital can be raised from LPs who essentially have no say in running the company. The profits pass through to the partners and are taxed on individual returns.

To form a limited partnership, you have to register in your state, pay a filing fee and create a limited partnership agreement, which defines how much ownership each limited partner has in your company, and other terms of the partnership.

File a Registration You create a Texas LLP by filing a Registration with the Texas Secretary of State (SOS) and paying the required filing fee. To complete the Registration you'll need to provide: the official name of your new LLP. the LLP's federal employer identification number (EIN) if already obtained.

How do I form a limited partnership? Step 1: Pick a state to register in. ... Step 2: Pick a name that isn't taken yet. ... Step 3: Write up a partnership agreement. ... Step 4: Register with your secretary of state. ... General partnerships. ... Limited liability partnerships. ... Corporations. ... They make raising money easier.

To register a pre-existing general partnership as an LLP, or to register a pre-existing limited partnership (LP) as an LLP, you must file an application for registration with our office. You may use Form 701 (Word, PDF) as your application for registration. The filing fee is $200 per general partner.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232