Are you ready to form a Delaware limited partnership? Below, you will find short descriptions of each of the formation packages Harvard Business Services, Inc. offers. Simply select the one that meets your company's needs, and you'll be guided through our quick and easy order process. You'll be able to form a limited partnership in minutes.
A Limited Partnership (LP) is a type of business structure that includes two types of partners. General Partners manage the day-to-day operations of the business and are personally liable for the partnership’s debts and obligations. Limited Partners contribute capital to the business but are not involved in management and have limited liability, meaning they are only liable for the amount they invested.
Limited partnerships offer the benefit of limited liability, which is a great way to attract investors. LPs also benefit from pass-through taxation, meaning the business itself doesn't pay taxes on income. Instead, profits and losses pass through to the partners' personal tax returns. For more detailed information about Delaware Limited Partnerships, you can read more on our website.
If you have any questions regarding our Delaware LP formation services or limited partnerships in general, please contact our helpful and experienced staff by phone at 800-345-2677, email or live chat.
Potential business owners across the United States often flock to Delaware for business formations, and LPs are no different. Delaware allows great flexibility in structuring the partnership, including the ability to limit the power of the general partner and dictate how profits and losses are shared among partners. Delaware also has a robust and well-established legal framework for business entities, including Limited Partnerships. Delaware's Court of Chancery specializes in corporate law, ensuring fast, fair, and knowledgeable handling of business disputes.
The most economical and environmentally-friendly way to form a limited partnership.
The Green package, plus a hard copy of document, digital corporate seal and more.
The Basic package, plus a deluxe limited partnership kit and corporate seal.
We can order expedited service from the Delaware Division of Corporations and email your approved corporate documents to you MONDAY for an extra fee of $150. Order MUST be placed by 1:00 p.m. MONDAY for SAME DAY SERVICE.
Delaware does not require U.S. citizenship or residency to establish an LP. Future business owners from around the world can enjoy Delaware’s privacy, business-friendly legal environment, and limited liability for limited partners. To form a Delaware LP, you must have a registered agent with a physical address in Delaware, which is a service that we can provide for you.
The most economical and environmentally-friendly way to form a limited partnership.
The Green package, plus a hard copy of document, digital corporate seal and more.
The Basic package, plus a deluxe limited partnership kit and corporate seal.
We can order expedited service from the Delaware Division of Corporations and email your approved corporate documents to you MONDAY for an extra fee of $150. Order MUST be placed by 1:00 p.m. MONDAY for SAME DAY SERVICE.