Flexible
Ownership
Define contributions, interests, allocations, and transfer terms around the partners’ goals.
Partnership Formation, Done Right.
Build Your U.S. Partnership with Expert Support
We coordinate structure selection, partnership agreements, state registrations, EIN readiness, ownership records, and ongoing compliance with qualified independent professionals.
Flexible
Shared
Management
Set decision rights, partner duties, and voting procedures in a clear governing agreement.
Pass-Through
Tax Reporting
Partnership income and loss generally pass through to the partners for federal tax purposes.
Ongoing
Compliance
Stay prepared for state requirements, federal reporting, partner records, and filing deadlines.
Partnership Formation Services Included
Structure Review
Compare general partnership, limited partnership, and LLP options with professional guidance.
Name & State Review
Coordinate availability, naming rules, and the jurisdiction that fits the planned operation.
Partnership Agreement
Coordinate a written agreement covering contributions, authority, allocations, and exits.
State Filing Coordination
Prepare and coordinate applicable LP, LLP, assumed-name, and foreign-registration filings.
EIN / IRS Readiness
Coordinate EIN application information and readiness for Form 1065 and Schedule K-1 reporting.
Annual Compliance Guidance
Track renewals, tax-return readiness, partner records, and state-specific obligations.
For Operating Partners
Build a structure for two or more owners who will operate a business together.
- Partner roles and decision rights
- Capital and service contributions
- Profit-and-loss allocations
- Exit and transfer provisions
For Investment & Cross-Border Partners
Coordinate added structural and reporting considerations for investment and international ownership.
- General and limited partner roles
- Foreign-partner reporting awareness
- Banking and document readiness
- Independent professional referrals
Our Partnership Formation Process
01
Identify Partners & Goals
Clarify ownership, contributions, management, liability, and investment objectives.
02
Select the Structure
Review whether a general partnership, LP, or LLP fits the planned business.
03
Confirm State & Name
Review the operating jurisdiction, availability, and applicable naming rules.
04
Prepare & Register
Coordinate the agreement, required filings, EIN information, and ownership records.
05
Launch & Maintain
Prepare for banking, federal reporting, state renewals, and ongoing compliance.
Why Choose USA Business Access?
Coordinated Support
One team organizes structure review, agreements, filings, signatures, and launch readiness.
Professional Network
Access independent attorneys, CPAs, tax professionals, and other specialists when needed.
Agreement Readiness
Clear attention to ownership, authority, allocations, transfers, and partner exits.
Beyond Formation
Continued coordination for banking, tax-return readiness, records, and compliance.
Frequently Asked Questions
What is a partnership?
A partnership is a relationship between two or more people who carry on a trade or business and share its profits and losses. Legal characteristics depend on the selected structure and state law.
Does every partnership require a state filing?
No. A general partnership may arise without an entity-formation filing, while LPs and LLPs generally involve state filings or registrations. Requirements and document names vary by state.
What is the difference among a GP, LP, and LLP?
A general partnership usually gives partners shared management and personal exposure to obligations. An LP separates general and limited partner roles. An LLP may provide partners liability protection under applicable state law. Qualified counsel should review the choice.
Can non-U.S. persons be partners?
They generally can, but U.S. tax withholding, reporting, banking, sanctions, treaty, and state-law considerations may apply. Cross-border ownership should be reviewed with qualified professionals.
Does USABA provide legal or tax advice?
USABA provides business consulting and coordination and can connect clients with independent legal and tax professionals when specialized advice is needed.