Phoenix Arizona Partnership Agreement

State:
Multi-State
City:
Phoenix
Control #:
US-ENTREP-002-2
Format:
Word; 
Rich Text
Instant download

Description

Parties agree to join together as partners to conduct its business in accordance with the providions of this Agreement.
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How to fill out Partnership Agreement?

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FAQ

About 40 states allow the formation of an LLP, and the laws vary by state. Some states limit what professions can form an LLP, so check your state statutes.

LLPs and LLLPs are required to register with the Arizona Secretary of State. Limited Liability Company (LLC) and Corporations: Should you decide to create a limited liability company or corporation, you must file with the Arizona Corporation Commission.

Filing Fee and Payment: Fee $10; $3 per page; Checks or money orders shall be made payable to the Secretary of State. Credit cards accepted for in person filings.

Others, such as Arizona, allow professionals to form regular LLCs unless specifically prohibited from doing so by the licensing board. According to Phoenix business attorney Richard Keyt, the only Arizona board that requires the PLLC structure is the one that licenses real estate agents. Keyt's own firm is an LLC.

. Two individuals seeking to become domestic partners must complete and file a declaration of domestic partnership in person with the City Clerk Department. Each applicant must provide a valid photo ID issued by a United States government agency that provides name, date of birth, height, weight, and hair and eye color.

Filing Fee and Payment: Fee $10; $3 per page; Checks or money orders shall be made payable to the Secretary of State. Credit cards accepted for in person filings.

How to Dissolve a Partnership in Arizona Review and Comply with the Partnership Agreement. Debts and Asset Distribution. File the Necessary Paperwork with the State. Tax Issues and Managing Final Tax Returns.

It is clarified that as per section 5 of LLP Act, 2008 only an individual or body corporate may be a partner in a Limited Liability Partnership. An HUF cannot be treated as a body corporate for the purposes of LLP Act, 2008. Therefore, a HUF or its Karta cannot become designated partner in LLP.

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Phoenix Arizona Partnership Agreement