500+ businesses formed since 2021, all 50 states.
A limited partnership pairs at least one general partner, who runs the business and answers for its obligations, with limited partners, who invest and risk only what they put in. Profits pass to the partners with no company level tax. It is the classic structure for investment funds, real estate holdings and family ownership.
Choose from our 3 packages. You pick the one that works best for your business formation period.
Ideal for family holdings
Included
Ideal for real estate partnerships
Included
Everything in Basic
Ideal for funds and investors worldwide
Included
Everything in Plus
$200
Not Required
Not Required
Visible
Visible
5 to 10 business days
1 business day
Blugency streamlines the entire formation process. You provide the basics about your business, and we take care of the filings, documentation, and compliance
Start Your Limited PartnershipHere's what we recommend for you ✨
Company type
Limited PartnershipBest for funds, real estate, and family ownership with passive investors.
Recommended stateDelaware
Or choose your home state if most of your business will operate locally.
The Blugency Promise, three commitments in every package.
If the state rejects your filing, we correct it and refile right away, at no cost to you, including any new state fee.
Within 5, 3 or 1 business days, depending on your package.
Ask as many questions as you need, from your first filing onward.
Basic is $0 plus your state's filing fee, which we pass through at cost. Plus is $199 and Pro is $499, each paid once plus the state fee. The comparator above shows the exact fee for any state.
We file within 5 business days on Basic, 3 on Plus and 1 on Pro. State approval then follows the state's own timeline, from the same day to about 15 business days, shown for your state in the comparator above.
We correct it and refile right away at no cost to you, including any new state fee. The state then processes the refile at its normal speed.
A partnership with at least one general partner, who manages the business, and at least one limited partner, who invests capital. It is created by filing a Certificate of Limited Partnership with the state.
An LLC protects every member and lets any of them manage. A limited partnership splits the roles, the general partner manages and carries the liability, limited partners invest and stay protected.
The partnership itself pays no federal income tax by default. It files Form 1065, and each partner reports their share of the profits on a Schedule K-1.
Yes; there is no residency or citizenship requirement, and we handle the EIN without an SSN.
Yes, and many owners do it. An LLC or corporation can serve as the general partner so that no individual answers personally for the partnership's obligations, and we can form it alongside your partnership.
No. Plus and Pro include a physical U.S. address with mail scanning and a registered agent, free for the first year. On Basic you name your own registered agent in the state.
Your state's annual report and fees, partnership records, and a yearly partnership tax return. Your dashboard sends lifetime alerts before every deadline.
The three things nearly every new limited partnership needs next.
When the bank asks for your tax ID
The number every bank, payroll provider and marketplace asks for first. Filed without an SSN for founders abroad.
LLC Formation
Many owners appoint an LLC as the general partner so no individual answers for the partnership's obligations. We form it alongside your partnership.
When you are ready to open the account
The documents, the preparation and the guidance, so your application is complete when you apply.
Guides written from real filings, for founders forming a limited partnership.
Formation, taxes, legal, and brand, running on one platform, so you can focus on what you're building.
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