Delaware Limited Partnership Formation Questionnaire

State:
Multi-State
Control #:
US-Q1024
Format:
Word; 
Rich Text
Instant download

Description

This form addresses important considerations that may effect the legal rights and obligations of the parties in a limited partnership formation. This questionnaire enables those seeking legal help to effectively identify and prepare their issues and problems. Thorough advance preparation enhances the attorney’s case evaluation and can significantly reduce costs associated with case preparation.

This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client’s needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.
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FAQ

If you need a copy of your Certificate of Incorporation, you will need to file a Certified Certificate of Status request. The easiest way to obtain the request form is on the Department of State website.

How to Form a Delaware Limited Partnership (in 6 Steps)Step One) Choose an LP Name.Step Two) Designate a Registered Agent.Step Three) File the Certificate of Limited Partnership.Step Four) Create a Limited Partnership Agreement.Step Five) Handle Taxation Requirements.Step Six) Obtain Business Licenses and Permits.

The easiest way to obtain the request form is on the Department of State website. You can also pick up the request form in person or call the Department of State and ask that they send you this form by mail. Once you have obtained the request form, you must fill out the form with the appropriate information.

In Delaware, the Articles of Incorporation are called the Certificate of Incorporation. They are the same thing. Think of this as the Birth Certificate of your company.

The Certificate of Formation is the document you receive from the state of Delaware once your LLC is filed and approved by the Delaware Secretary of State, Division of Corporations. The Delaware LLC Certificate of Formation is akin to a birth certificate for your newly-created Delaware LLC.

A limited partnership must have at least one general partner and at least one limited partner. The principal distinguishing feature of a limited partnership is that the limited partners are not personally liable for the debts and obligations of the partnership. The general partner remains fully liable.

A Delaware Limited Partnership refers to a business entity in the state of Delaware that consists of at least one general partner and at least one limited partner. The general partner can be either an individual or an entity, such as a corporation.

You can form an LLC in Delaware in 9-11 weeks if you file online (or 10-12 weeks if you file by mail). If you need your Delaware LLC faster, you can pay for expedited processing.

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.

The public can obtain any Delaware company's Certificate of Incorporation simply by contacting the state and paying a fee; however, whether or not the public can ascertain the person/people behind the company depends on which, and how much, information appears on the Certificate of Incorporation.

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Delaware Limited Partnership Formation Questionnaire