Overview:
A limited liability partnership is an association of two or more persons doing business. It is restricted to partnerships that render a professional service as defined by ORS Chapter 58, or partnerships that are affiliated with a limited liability partnership and render a complementary service or provide services or facilities to the limited liability partnership. You may want to check with your professional licensing agency or board to be sure they recognize this form of business organization.

Limited liability partnerships formed under Oregon statute are "domestic" limited liability partnerships. Limited liability partnerships formed under the laws of other states, but transacting business in Oregon, are "foreign" limited liability partnerships.

Domestic Limited Liability Partnerships
To form a domestic limited liability partnership, an application for registration and a non-refundable $50 processing fee must be submitted to Business Registry. Before a limited liability partnership is filed, the name is checked for availability. The name must be distinguishable from other active names on Business Registry records. In addition, the name of the limited liability partnership must contain the words "Limited Liability Partnership" or the abbreviation "L.L.P." or "LLP" as the last words or letters of its name. If the name is distinguishable and the application conforms to Oregon statute, Business Registry processes the document and returns an acknowledgment to the customer.

Foreign Limited Liability Partnerships
A foreign limited liability partnership must obtain authority from Business Registry to transact business in Oregon. An application for authorization and a non-refundable $50 processing fee must be submitted to Business Registry. A certificate of existence or similar document from the jurisdiction of organization must be submitted with the application form. The certificate or similar document must be dated within 60 days of the date of the application. Before an application for authorization is filed, the name is checked for availability. The name must be distinguishable from other active names on Business Registry records. In addition, the name of the limited liability partnership must contain the words "Limited Liability Partnership" or the abbreviation "L.L.P." or "LLP" as the last words or letters of its name. If the name is distinguishable and the application conforms to Oregon statute, Business Registry processes the document and returns an acknowledgment to the customer. Domestic and foreign limited liability partnerships are regulated by the Oregon Revised Partnership Act, ORS Chapter 67. You may get available forms at http://www.filinginoregon.com/forms.

Sale of Securities Blue sky laws

Annual Report:
Annual Reporting requirements.

Additional resources on this topic:
http://www.businesslaw.gov	http://www.oregon.gov	http://www.filinginoregon.com

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