Knowledge Center

Partnership FAQ

What is a partnership and how do I create one?

A partnership is a business owned by two or more people. There are three different types of business partnerships:
  1. General partnership
  2. Limited partnership
  3. Limited liability partnership

General partnerships may require filing a DBA/Business Name statement with the state or county if the business name does not include the surnames of the partners. Forming either a limited partnership or a limited liability partnership requires filing articles with the Secretary of State or the appropriate state agency.

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