Arizona Registered Limited Liability Partnership Application Form
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FAQ
Advantages of a limited partnership include: The business can raise capital by enticing investors to become limited partners by offering them personal liability protection. Compared to an LLC or corporation, a limited partnership is easier and cheaper to form, with fewer record-keeping and reporting requirements.
All Limited Partnership Requirements & Forms Form TypeRelated Forms & PDFsFiling FeeLPCertificate of Limited PartnershipFiling fee $10 + $3 per pageAmendment to LPAmendment to Certificate; RestatementFiling fee $10 + $3 per pageCancellationCancellation of CertificateFiling fee $10 + $3 per page1 more row
Arizona law does not restrict the number or type of partners. A corporation or other business entity may be a partner. The partnership is liable for the acts of each partner in the ordinary course of business, and each partner is jointly and severally liable for all obligations of the partnership.
How to form a limited partnership Name of the business (typically must end in ?Limited? or ?Ltd.?). Registered agent of the business who will accept legal documents on the business's behalf. Name and address of each general partner. Signature of general partner or person filling out the form.
The Application to Register a Limited Liability Partnership must include: (1) the LLP's name, (2) its place of formation, (3) its principal office and mailing address (if different), (4) the type of business the LLP is engaged in, (5) and the name and address of its registered agent for service of process.
File A Dissolution By filing a Statement of Dissolution with the Arizona Secretary of State, an inexpensive service, this act will cancel any existing Statement of Partnership Authority that might be on file.
Your Limited Partnership Agreement can include details like: the name, address, and purpose of forming the partnership; whether limited partners have any voting rights regarding the day-to-day business decisions; how decisions will be made (by unanimous vote, majority vote, or majority vote based on percent ownership); ...
Limited partnerships are formed by two or more people, with at least one person acting as the general partner who has management authority and personal liability, and at least one person in the role of limited partner.
