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FORM MINNESOTA LIMITED PARTNERSHIP

InfoTaxSquare.com is helping to form Limited Partnership in Minnesota since 2003 and thousands of customers have been benefited by our services. With experience, energy, and compassion, we provide our clients with professional and cost effective legal solutions specifically tailored to their needs.

Due to our full disclosure policies InfoTaxSquare.com has been awarded A+ by Better Business Bureau. You can place an order 24/7 online or over the phone for Minnesota Limited Partnership Registration.

A Minnesota LP may provide limited liability for some partners. There must be at least one general partner that acts as the controlling partner and one limited partner whose liability is normally limited to the amount of control or participation of the limited partner. General partners of an LP have unlimited personal liability for the LP's debts and obligation.

Minnesota LLP structure can be described as follow:

  • Limited Partnership
  • Similar to General Partnership
  • File Certificate of limited Partnership
  • It is a partnership in which only one partner is required to be a general partner
  • Pass through Entity for tax purposes
  • Few states do not recognize LP's
  • General Partner carries more liability, and in cases of financial misfortune, the GP becomes "the generous partner"

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InfoTaxSquare.com is NOT affiliated with Minnesota Secretary of State or any governmental agency. InfoTaxSquare.com is a document filing service that works with state agencies in all 50 states.

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