Choose Your Limited Partnership Structure in Florida

Pick from our recommended Limited Partnership packages — or build your own structure with the guidance of our attorneys.

Business Fundamentals

For simple startups ready to form and open a bank account. Includes state filing fees

$1,819
  • Limited Partnership
  • PDF/Electronic Version + Secured Server Storage
  • Federal Tax ID/EIN
  • Indemnification Agreement and Covenant Not to Sue
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Limited Partners Restrictive Agreement + Divorce Protections
  • Anonymity
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • State Payroll Taxes
Preferred

Professional protection and defined structure for experienced entrepreneurs who know the value of legal work. Includes state filing fees

$2,589
$2,460
5% Off
  • Limited Partnership
  • PDF/Electronic Version + Secured Server Storage
  • Federal Tax ID/EIN
  • Indemnification Agreement and Covenant Not to Sue
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Limited Partners Restrictive Agreement + Divorce Protections
  • Anonymity
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • State Payroll Taxes
Premium

Set your business for success by avoiding double taxation, ensuring financial protection, and receiving unlimited on-demand legal support. Includes state filing fees

$2,681
$2,413
10% Off
  • Limited Partnership
  • PDF/Electronic Version + Secured Server Storage
  • Federal Tax ID/EIN
  • Indemnification Agreement and Covenant Not to Sue
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Limited Partners Restrictive Agreement + Divorce Protections
  • Anonymity
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
  • State Payroll Taxes
Business Fundamentals

For simple startups ready to form and open a bank account. Includes state filing fees

$1,819
  • Limited Partnership
  • Federal Tax ID/EIN
  • PDF/Electronic Version + Secured Server Storage
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Indemnification Agreement and Covenant Not to Sue
  • General Partners Restrictive Agreement
  • Anonymity
  • State Payroll Taxes
  • Complex General Partners Restrictive Agreement + Partners Divorce Protections
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
Preferred

Professional protection and defined structure for experienced entrepreneurs who know the value of legal work. Includes state filing fees

$2,414
$2,293
5% Off
  • Limited Partnership
  • Federal Tax ID/EIN
  • PDF/Electronic Version + Secured Server Storage
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Indemnification Agreement and Covenant Not to Sue
  • General Partners Restrictive Agreement
  • Anonymity
  • State Payroll Taxes
  • Complex General Partners Restrictive Agreement + Partners Divorce Protections
  • License(s), Permit(s), Tax Registration(s) Package For Your Business
Premium

Set your business for success by avoiding double taxation, ensuring financial protection, and receiving unlimited on-demand legal support. Includes state filing fees

$3,181
$2,863
10% Off
  • Limited Partnership
  • Federal Tax ID/EIN
  • PDF/Electronic Version + Secured Server Storage
  • Choose 1: Service Agreement or Employment Agreement or Independent Contractor Agreement
  • Indemnification Agreement and Covenant Not to Sue
  • General Partners Restrictive Agreement
  • Anonymity
  • State Payroll Taxes
  • Complex General Partners Restrictive Agreement + Partners Divorce Protections
  • License(s), Permit(s), Tax Registration(s) Package For Your Business

Need Something Tailored?

Build My Own Structure

Experienced Limited Partnership Formation Attorneys in Florida

Our legal team has helped hundreds of entrepreneurs form Limited Partnerships in Florida across many industries—ensuring proper setup, compliance, and long-term protection.

Get Attorney Support Today

How Limited Partnership Formation Works in Florida

Four clear steps, handled by professionals—so you don’t miss a detail.

01

Tell Us About Your Business

Complete a quick online intake with your business purpose, owners, and preferences so we can tailor your Limited Partnership formation.

02

Select the Right Limited Partnership Structure

An attorney helps you choose the optimal approach for Florida—considering taxes, liability, ownership, and future plans.

03

Attorney-Prepared Documents

We draft and assemble all Florida formation documents for your Limited Partnership, ready for signature and filing.

04

Florida Filing & Ongoing Support

We file with the state, deliver your formation package, and provide guidance on banking, compliance, and next steps.

Ready to Start Your Limited Partnership in Florida?

Start My Business Now
Corporate Book
Included

What's Included on our Service Fee?

  • State Filing Fee
  • Corporate or Company Seal
  • Records Book
  • Certificate or Articles of Incorporation or Organization
  • Company and Corporate Minutes
  • Corporation Bylaws or LLC Regulations
  • Corporate Stock or LLC Membership Certificate(s)
  • Banking Resolution
  • Preliminary Name Search
Start My Business Today
Common Questions

Limited Partnership Formation FAQs in Florida

A Limited Partnership has two classes of partners — general partners who manage the business and carry unlimited personal liability, and limited partners who contribute capital and share in profits but take no role in management and carry no personal liability beyond what they invested. It is the structure behind most real estate funds, private equity vehicles, and family investment arrangements.

Businesses and investment vehicles that have a clear separation between those who run the operation and those who provide the capital. Real estate syndicators, private fund managers, and family wealth structures are the most common uses. If your business has active operators and passive investors, a Limited Partnership gives each group exactly what they need.

As long as a limited partner does not participate in management decisions, their personal liability is capped at the amount they invested. They cannot lose more than they put in. The moment a limited partner begins exercising management authority, that protection is at risk. The structure only works when the roles are clearly defined and maintained.

Yes. A Limited Partnership can have multiple general partners, multiple limited partners, or both. The partnership agreement governs how authority is divided among general partners and how profits are allocated across all classes. Getting that document right is the most important part of the formation.

Income and losses pass through to the partners and are reported on their individual returns. The partnership itself does not pay federal income tax. Limited partners generally receive passive income allocations, while general partners may have self-employment tax considerations depending on their role. Your CPA will advise on the specifics.

Yes, and this is one of the structure's primary advantages. Limited partnership interests can be transferred to new investors, gifted to family members, or used in estate planning without disrupting the partnership's management or operations. The partnership agreement will govern how and when those transfers can occur.

Most Limited Partnerships are formed within 5 to 7 business days of filing. The partnership agreement, which governs the relationship between all partners, takes additional time to draft and is worth the investment. Your attorney will confirm the full timeline before anything is filed.

Yes. We handle LP formations nationwide. The state you form in and the states where partners are located do not need to be the same, and your attorney will advise on where formation makes the most sense for your structure.

A Limited Partnership with poorly drafted roles between general and limited partners creates disputes, blown liability protections, and regulatory problems. Our attorneys draft the partnership agreement around the actual arrangement — the capital structure, the management authority, the distribution waterfall — so every partner knows exactly where they stand.
Trending Topics

Limited Partnership Formation Insights for Florida

Read More Articles