{"product_id":"limited-partnership-lp-in-texas","title":"Limited Partnership (LP) in Texas","description":"\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eThinking of launching a business in Texas, where some partners invest capital but stay out of day-to-day management? A \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLimited Partnership (LP)\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e could be the perfect fit. This flexible business structure allows you to divide control and liability among different types of partners — ideal for real estate ventures, investment funds, and collaborative startups.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eAt \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e100Services\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e, we help you form your LP in Texas correctly and quickly, ensuring all documents are filed, responsibilities are clear, and your structure is legally sound.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🤝 What Is a Limited Partnership (LP) in Texas?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eA \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLimited Partnership\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e is a business structure that requires at least two types of partners:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eGeneral Partner(s)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e – They actively manage the business and carry personal liability for debts and obligations.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLimited Partner(s)\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e – They contribute capital and share in profits but do \u003c\/span\u003e\u003cem\u003e\u003cspan data-preserver-spaces=\"true\"\u003enot\u003c\/span\u003e\u003c\/em\u003e\u003cspan data-preserver-spaces=\"true\"\u003e manage the business and have \u003c\/span\u003e\u003cem\u003e\u003cspan data-preserver-spaces=\"true\"\u003elimited liability\u003c\/span\u003e\u003c\/em\u003e\u003cspan data-preserver-spaces=\"true\"\u003e up to the amount of their investment.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eThis dual structure makes LPs especially useful when one party wants control and the other seeks passive investment opportunities.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🔍 Why Choose a Texas LP?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eForming a Limited Partnership in Texas offers several strategic advantages:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ Clear division of roles and responsibilities\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eProtection\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e for passive investors (limited partners)\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ Operational control remains with the general partners\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ Scalable structure for raising funds\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ Ideal for family businesses, real estate deals, and private equity setups\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🧾 Key Characteristics of a Texas LP\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✔ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eAt Least One General and One Limited Partner\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e To qualify as an LP, you must designate at least one general partner who will oversee management and take on personal liability, and one limited partner who acts as an investor only.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eFor federal tax filing rules and partnership income distribution, refer to \u003ca href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/partnerships\" target=\"_blank\" title=\"The official IRS guide on partnerships\" rel=\"noopener\"\u003ethe official IRS guide on partnerships\u003c\/a\u003e.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✔ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLimited Liability for Passive Investors\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLimited partners enjoy liability protection as long as they \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003estay out of\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e business operations and management decisions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✔ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eFormal State Filing Required\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e To operate legally in Texas, LPs must file a \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eCertificate of Formation – Limited Partnership (\u003ca href=\"https:\/\/www.sos.state.tx.us\/corp\/forms\/207_boc.pdf\" target=\"_blank\" title=\"Form 207\" rel=\"noopener\"\u003eForm 207\u003c\/a\u003e)\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e with the Texas Secretary of State and comply with all state regulations.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✔ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eNo Corporate Tax at Entity Level\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e Texas LPs benefit from pass-through taxation, meaning profits pass directly to the partners without corporate tax liability (unless the entity is otherwise classified).\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🛠 What’s Included in Our Texas LP Formation Service\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWith \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e100Services\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e, your partnership \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003egets\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e set up \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eproperly\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e from day one.\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e Here’s what our package includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 1. Business Name Availability Search\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWe help you select and secure a compliant LP business name that aligns with state rules and your brand vision.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 2. Certificate of Formation Filing (Form 207)\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWe prepare and file the required \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eForm 207\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e with the Texas Secretary of State — the legal step to establish your LP.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 3. EIN (Employer Identification Number) Registration\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eYour LP will need an EIN from the IRS to open business bank accounts, file taxes, or hire employees. We will apply for it on your behalf.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 4. Optional DBA Filing\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eIf your LP plans to operate under a name different from its legal name, we’ll file your \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eAssumed Name Certificate (DBA)\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e at the state or county level.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 5. Partnership Agreement Template (Optional Add-on)\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWe offer a customizable agreement outline to help partners clearly define roles, profit-sharing terms, and dispute resolution procedures.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ 6. Ongoing Compliance Support\u003c\/span\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eTexas LPs must file periodic reports and stay up-to-date with franchise tax obligations. We send reminders and offer support for renewals or changes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eTo stay in good standing, limited partnerships must file franchise tax reports annually — details are available on the \u003ca href=\"https:\/\/comptroller.texas.gov\/taxes\/franchise\/\" target=\"_blank\" title=\"Texas Comptroller’s\" rel=\"noopener\"\u003eTexas Comptroller’s\u003c\/a\u003e franchise tax page.\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e⚠️ Considerations Before Starting a Texas LP\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWhile an LP offers many benefits, it’s \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eimportant\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e to understand the trade-offs:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan data-preserver-spaces=\"true\"\u003eGeneral partners are personally liable\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e for the debts and legal obligations of the partnership.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan data-preserver-spaces=\"true\"\u003eLimited partners lose their liability protection\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e if they get involved in management decisions.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-preserver-spaces=\"true\"\u003eLPs have more formal filing and maintenance requirements than general partnerships or sole proprietorships.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eThat’s why proper setup and legal clarity from the start are critical — and that’s where we come in.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e💻 100% Online Service — Done for You\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWith \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e100Services\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e, the entire LP registration process is handled online\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e. No\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e appointments, no stress — just fast, professional results.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eYou’ll receive:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✔ Your official Certificate of Formation\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✔ Your EIN from the IRS\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✔ Optional DBA filing documents\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✔ Ongoing compliance notifications\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e📈 Why Start an LP in Texas?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eTexas is known for being business-friendly, and Limited Partnerships are a great way to take advantage of this while customizing the level of involvement and liability among your partners.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eTop reasons to choose Texas:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStrong legal framework for limited partnerships\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-preserver-spaces=\"true\"\u003eIdeal for capital-raising and passive investments\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-preserver-spaces=\"true\"\u003eNo personal state income tax\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-preserver-spaces=\"true\"\u003eGreat for real estate, private funds, and family ventures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🧭 How Our Process Works\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStep 1\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e: You fill out a quick form with your business and partner details\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStep 2\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e: We file your Certificate of Formation (Form 207)\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStep 3\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e: We apply for your EIN with the IRS\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStep 4\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e: We provide optional support for licensing or DBAs\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003eStep 5\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e: You receive your official documents and start operations legally\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e🏆 Why Choose 100Services?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eHere’s why entrepreneurs across Texas trust us:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e✅ Expert guidance from experienced professionals\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ Fast turnaround — no delays, no red tape\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ End-to-end compliance support\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ Affordable pricing with no hidden fees\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e ✅ The best conditions for starting your business legally and securely\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\u003cspan data-preserver-spaces=\"true\"\u003e📞 Ready to Form Your Limited Partnership in Texas?\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003eWhether you’re launching a real estate fund, a creative project with investors, or a family-run business, an LP gives you the flexibility and \u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003eprotection\u003c\/span\u003e\u003cspan data-preserver-spaces=\"true\"\u003e to grow with confidence.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-preserver-spaces=\"true\"\u003e👉 Add this service to your cart and check out online, or contact us at \u003c\/span\u003e\u003cstrong\u003e\u003cspan data-preserver-spaces=\"true\"\u003esales@100services.com\u003c\/span\u003e\u003c\/strong\u003e\u003cspan data-preserver-spaces=\"true\"\u003e if you have questions before getting started.\u003c\/span\u003e\u003c\/p\u003e","brand":"100Services","offers":[{"title":"Default Title","offer_id":51169746288871,"sku":null,"price":1499.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0740\/5984\/1767\/files\/LimitedPartnership_LP_inTexas.png?v=1752066868","url":"https:\/\/www.100services.com\/de\/products\/limited-partnership-lp-in-texas","provider":"100Services","version":"1.0","type":"link"}