Information about setting up new company

Limited Partnership

• A LIMITED PARTNERSHIP

The The name of the Limited Partnership

• A name may be reserved prior to filing. A reservation fee of $25 must accompany the request. The reservation may be made at the Corporations Division web site, http://www.georgiacorporations.org. A number that remains in effect for 30 days will be provided by return e-mail within 24 hours of receipt of the request, and often sooner. Place the number on the Transmittal Form 246 that is filed with the certificate of limited partnership. A reservation number may also be obtained by writing to the Division at the above address. Please provide the name, address and telephone number of the person making the request. Reservations are not available by telephone. Filings are accepted without a name reservation.

Limited partnerships are formed by filing a Certificate of Limited Partnership with the Secretary of State. The minimum requirements of Georgia law are outlined herein. Many other provisions may, and perhaps should, be included in the certificate. It is very simple to form a limited partnership. The question of whether or not a limited partnership should be formed is complex. The Corporations Division strongly recommends that filers obtain professional legal, tax and/or business advice to assure the filer’s goals and intentions are met, and that requirements of the law are satisfied, both before and after formation of the entity.

Certificates of limited partnership must include the information described in O.C.G.A. 14-9-201. Certificates must be submitted on white 81x11 paper. All general partners stated in the certificate must sign the certificate of limited partnership, but an attorney in fact may sign the certificate on behalf of a general partner. If a general partner is a corporation, an officer must sign on behalf of the corporate general partner. The signer(s) should indicate in what capacity he or she is signing.

• The certificate of limited partnership containing the following information :
• • The exact name of the limited partnership.
  • The street address and county of the initial registered office and the name of initial registered agent at that office. The registered office address must be a street address; a post office box is not sufficient. The registered agent may be an individual or a corporation. The registered agent is the party designated by the limited partnership to accept notices on its behalf, and to alert the appropriate personnel.
  • The name and address of each general partner.
  • The certificate of limited partnership must contain original signature(s).

• Filling Fees :
• • Filing Fee $100.00