Oregon Application For Registration (Domestic LLP)

State:
Oregon
Control #:
OR-SKU-1024
Format:
PDF
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Description

Application For Registration (Domestic LLP)

Oregon Application For Registration (Domestic LLP) is a form created by the Oregon Secretary of State to register a domestic limited liability partnership. This form requires the name, address, and contact information of the LLC's registered agent, the name of the LLP, the date of formation, the address of the LLP, and the name and contact information of the general partner. The form also requires the name and address of the limited partners, the address of the business location (if different from the address of the LLP), the purpose of the LLP, and the name and address of the filing officer. Depending on the type of LLP, different types of Oregon Application For Registration (Domestic LLP) may be applicable. These include the Application for Registration of a Domestic Limited Liability Partnership (Form LLP-1), the Application for Amendment of a Domestic Limited Liability Partnership (Form LLP-2), the Application for Termination of a Domestic Limited Liability Partnership (Form LLP-3), and the Application for Cancellation of a Domestic Limited Liability Partnership (Form LLP-4).

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FAQ

To have a general partnership, two conditions must be true: The company must have two or more owners. All partners must agree to have unlimited personal responsibility for any debts or legal liabilities the partnership might incur.

Only professionals such as accountants, architects, lawyers, dentists, and so on are permitted to open LLPs. Like limited partnerships, LLPs must register with the State of Oregon. LLPs are managed more like a general partnership since all partners are allowed to participate.

General partnerships (GP): GPs need not register with the Secretary of State beyond filing an Assumed Business Name Registration (DBA) with the Oregon Secretary of State. Limited partnerships (LP): LPs must file a Certificate of Limited Partnership.

A registered agent can be an individual or a legal entity. Limited liability companies organized under Oregon statute are "domestic" limited liability companies. Those formed under the laws of other states, but transacting business in Oregon, are "foreign" limited liability companies.

There is no government-filing requirement to form a general partnership. The partnership can arise by default from the actions or activities of the partners. This general partnership definition contains similar elements to the sole proprietorship, but it requires more than one person.

Steps to Create an Oregon General Partnership Determine if you should start a general partnership. Choose a business name. File a DBA name (if needed) Draft and sign partnership agreement. Obtain licenses, permits, and clearances. Get an Employer Identification Number (EIN) Get Oregon state tax identification numbers.

General partnerships are unincorporated businesses. Those who form a general partnership don't need to register their business with a state to function legally. General partnerships offer the flexibility to structure businesses however partners see fit.

Steps to Create an Oregon General Partnership Determine if you should start a general partnership. Choose a business name. File a DBA name (if needed) Draft and sign partnership agreement. Obtain licenses, permits, and clearances. Get an Employer Identification Number (EIN) Get Oregon state tax identification numbers.

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Oregon Application For Registration (Domestic LLP)