FORM A NEW YORK LIMITED PARTNERSHIP

Take your seat together at the table where big deals get done.

New York is where partners come together: for Manhattan real estate, for investments, for projects with international reach. Your New York Limited Partnership gives your collaboration a structure every business partner recognizes. One partner leads, the others invest, and it is all settled from day one.

We take care of formation and ongoing support, in English. You get on with your next big project.

Choose your path
Formation package, first year included
$6,950
New York state fee: Limited Partnership, no markup
$200
New York state fee: general partner LLC, no markup
$200
Certificate of Publication: Limited Partnership, no markup
$50
Certificate of Publication: general partner LLC, no markup
$50
Total first yearplus newspaper costs per county
$7,450
From the second year
$3,600 per year

plus $9 every two years for the general partner LLC's Biennial Statement

Form a New York LP
Included every year: the New Horizons Club, worth $1,299 a year.
Not sure which path fits? Call us: +1 512 647 1128

New York in numbers

Why New York
No. 3
State economies
Around $2.47 trillion in GDP, behind only California and Texas.
20 million
Residents
The fourth-largest state.
2 years
Biennial Statement
A short report every two years for $9, for LLCs and corporations.
0
Registered Agents required
The Secretary of State accepts service of process.

Sources: U.S. Bureau of Economic Analysis (as of September 2026); U.S. Census Bureau (estimate as of July 1, 2025); New York Department of State.

The package

Everything your Limited Partnership needs is in the package.

In the first year you get every service in the annual package. From the second year on, everything continues with the annual package. Your Limited Partnership is in good order from day one, and it stays that way.

01

Registration and documents

We file the formation with the New York Department of State and prepare the document set for your path. We pass on the state fees for the Limited Partnership and the general partner LLC with no markup.

  • Certificate of Limited Partnership for the Limited Partnership
  • Formation of the general partner LLC, which manages the business as general partner
  • Partnership Agreement and organizational resolutions
  • Partner register with general partner and limited partners
02

Accounts: Mercury, Wise and a bank in Austin

We submit your Mercury application with you as soon as your documents and EIN are in. You also get euro account details with your own IBAN through Wise and, if you come to Austin, a personal introduction at a traditional US bank.

03

Tax ID and BE-13

We apply for your Employer Identification Number (EIN) with the IRS. And we file the mandatory BE-13 report with the Bureau of Economic Analysis, the filing many founders have never heard of.

04

Service of process in New York

New York doesn't require a Registered Agent: the Secretary of State accepts service of process and forwards it to the address your company provides. We list our Austin address there. Your mail reaches you by email, and if a letter comes with a deadline, we tell you what to do.

05

Address and phone in Austin

Our Austin address goes on your letterhead and invoices, plus a US phone number with call answering.

06

Annual compliance

Partners' meeting, resolutions and minutes, partner register, New York filings for the LP and the general partner LLC, and a calendar with every deadline. You sign, we do the rest.

The six points in detail
07

97 contract templates

Contract templates under US law for the everyday business of your Limited Partnership. From your first customer contract to your first investor.

08

Support in English, as often as you need it

You ask, we answer, as often as you like. The only exceptions are custom documents drafted by the attorneys on the firm's team, and bookkeeping.

Included every year

New Horizons Club

$1,299
Value per year, included in the package

Call In Days

With free consultations.

Two paths, clear prices

One question decides it: who is the limited partner?

A Limited Partnership always has at least two partners: a general partner who manages the business, and at least one limited partner who invests. With us, the general partner is the general partner LLC we form alongside it. The question is who becomes the limited partner.

Path 01 · Part of a group of companies

Your company is the limited partner.

The parent company invests as the limited partner. The general partner is the general partner LLC we form alongside it. Your parent company's documents are added.

Your document set
  • Certificate of Limited Partnership for the Limited Partnership
  • Articles of Organization for the general partner LLC
  • Partnership Agreement with your parent company as limited partner
  • Organizational resolutions of the LP and the general partner LLC
  • Resolutions of your parent company
  • Partner register with general partner and limited partners
$6,950 Formation package, first year included
New York state fee: Limited Partnership, at cost
$200
New York state fee: general partner LLC, at cost
$200
Certificate of Publication: Limited Partnership, at cost
$50
Certificate of Publication: general partner LLC, at cost
$50
Total first yearplus newspaper costs per county
$7,450
Annual package from year two
$3,600 per year

plus $9 every two years for the general partner LLC's Biennial Statement

Choose this path
Path 02 · Not part of a group

You and your partners invest.

You and your partners invest as limited partners. The general partner is the general partner LLC we form alongside it, and you own it.

Your document set
  • Certificate of Limited Partnership for the Limited Partnership
  • Articles of Organization for the general partner LLC
  • Partnership Agreement
  • Organizational resolutions of the LP and the general partner LLC
  • Partner register with general partner and limited partners
$5,700 Formation package, first year included
New York state fee: Limited Partnership, at cost
$200
New York state fee: general partner LLC, at cost
$200
Certificate of Publication: Limited Partnership, at cost
$50
Certificate of Publication: general partner LLC, at cost
$50
Total first yearplus newspaper costs per county
$6,200
Annual package from year two
$3,100 per year

plus $9 every two years for the general partner LLC's Biennial Statement

Choose this path

After formation, New York requires the LP and the general partner LLC to be published in two newspapers. The Certificates of Publication are included in the state fees, and we pass on the newspaper costs at cost. Every two years the general partner LLC files its Biennial Statement, first in the month of formation two years after formation, for $9. Bookkeeping is only added if you book it: from $250 a month, starting when you begin trading.

Not sure which path fits? Book a consultation or call our office: +1 512 647 1128. You can order directly on either path.

How it works

From order to account application, without flying to America.

Everything runs remotely. The timings below reflect our experience, not guarantees.

  1. 1
    Today
    You order

    Pick your path and extras on the order card. You see the total right away.

  2. 2
    After processing
    Formation in New York

    We file with the Department of State and prepare your document set. We form the general partner LLC first, then the Limited Partnership.

  3. 3
    Within 120 days
    Disclosure

    New York requires the formation of the Limited Partnership and the general partner LLC to be published for six weeks in two newspapers chosen by the county. We engage the newspapers and then file the Certificate of Publication; we pass on the newspaper costs at cost.

  4. 4
    About 4 business days
    Tax ID (EIN)

    Without a US Social Security number, we apply for the EIN by fax. The IRS quotes about four business days.

  5. 5
    Within 45 days
    BE-13 report

    We file the mandatory report with the Bureau of Economic Analysis on time.

  6. 6
    Once everything is in
    Mercury account

    With your formation documents and IRS letter (CP575 or 147C), we submit the application together with you. Mercury decides after its own review.

According to Mercury, no visit to the US is required. You only travel to Austin if you want an introduction to a traditional US bank. That is optional.

Accounts and credit history

Your US business account, applied for from home.

  • We apply for your business account at Mercury with you as soon as your formation documents and EIN are in hand. According to Mercury, it accepts applications from founders who are not US citizens and do not live in the US.
  • You set up euro account details with your own IBAN at Wise yourself. We guide you through it.
  • As the address where your company operates, give both your own, such as your office at home in Europe. Mercury and Wise do not accept a Registered Agent address for this.
  • If you come to Austin, we introduce you in person to a traditional US bank, free of charge. The bank decides on the account.
Add-on at formation

Credit Builder

$5,900 in the first year

Credit for your company and for you. The strongest business cards also check your personal credit history, so we build both.

  • Everything in US Bank Account Opening: ITIN Express included, US bank account, US residential address with phone line for 12 months, support getting your first credit card
  • Application for the Mercury IO card for your company
  • D-U-N-S number for your company
  • A second business card that reports to the credit bureaus
  • Support until your company has its own credit profile
  • 3 one-on-one calls and a monthly credit call

Annual compliance

The same obligations every year. You sign, we handle the rest.

A New York Limited Partnership comes with obligations, year after year. We handle these six: in the formation package from day one, and afterwards with the annual package.

01

The annual members' meeting

We set the date and prepare the agenda and resolutions: acknowledging the annual financial statements and ratifying the business the general partner has conducted. In writing or by video, we write the minutes and collect the signatures electronically.

02

Resolutions, minutes and registers

We keep the resolutions and minutes of your Limited Partnership and its general partner LLC, and the partner register with general partner and limited partners. Digital and always up to date.

03

Filings and deadlines in New York

The Limited Partnership files no periodic report in New York. The general partner LLC files its Biennial Statement every two years, in the month of formation, for a fee of $9. A fee with the New York State tax department only applies to the LP once it had at least one million US dollars of New York source income in the prior year.

04

Service of process and mail

The address for service through the Secretary of State remains our Austin address. Your mail reaches you by email, and we flag the deadlines.

05

One calendar for every deadline

Every deadline with New York, the IRS and the Bureau of Economic Analysis is in your calendar, and we remind you in good time. Since March 2025, companies formed in the US no longer report to FinCEN, confirmed by a final rule dated August 11, 2026. If the requirement returns, we handle it at no extra charge.

06

Year-round support and resolutions

Unlimited support in English. Need a resolution for a new account, a contract or a loan? We prepare it, within the usual scope and at no extra charge. Custom documents drafted by the attorneys on the firm's team: $450 per matter.

Resolutions and minutes

Your Limited Partnership's memory

When you want to work with a regulated supplier, take out a loan or sell your company, the first thing the other side asks for is your company's resolutions and minutes (the minute book). They show who owns the company, who runs it, who can sign and what was decided when.

If they are missing, they cannot be cleanly recreated after the fact. That is why we keep them from day one. When the moment comes, you just send a link.

BE-13

The mandatory filing many founders have never heard of

If a foreign person directly or indirectly holds at least ten percent of the voting rights, the U.S. Bureau of Economic Analysis requires the BE-13 filing (15 CFR 801.7), even if it never contacts you. The deadline: 45 calendar days from formation.

We file it with every formation, as a short Claim for Exemption where total costs are up to $40 million. Above that, the full form applies, quoted individually.

Template library

97 contracts under US law, ready to fill in.

Templates for everything from your first customer contract to your first investor. The Partnership Agreement, resolutions and minutes of your Limited Partnership are already part of the package.

Once you've paid, log in at mtbonnell.com/vorlagen with the email address you used for your order. No password needed: we send you a code by email. The templates are tailored to your limited partnership, so the contracting party is a limited partnership with a General Partner and Limited Partners. They don't replace advice on your specific situation: where it really matters, the attorneys on the firm's team draft the document.

Sell products or services
26
Business partnerships
11
Buy and sell real estate
11
Contract management
10
Business financing
9
Liability risk management
9
Invoicing and billing
9
Compliance and corporate documents
8
Work with investors
3
General
1
Total
97

Why New York

The name that carries weight in every contract.

New York is the third-largest state economy, after California and Texas. Form a Limited Partnership there and you take on a few quirks: no Registered Agent requirement, no periodic report for the LP, and publication in the newspaper.

Pedestrians on the Brooklyn Bridge, with the Manhattan skyline behind the arches.
$9

Every two years

The general partner LLC files its Biennial Statement every two years. The Limited Partnership itself files no periodic report in New York.

120 days

Disclosure

Within 120 days of formation, the company is published for six weeks in two newspapers. Then comes the Certificate of Publication for $50. We handle it.

$500

State fees with no markup

The Department of State fees: Limited Partnership $200, general partner LLC $200, Certificate of Publication for the LP $50, Certificate of Publication for the general partner LLC $50. Newspaper costs are added at cost. We pass them on with no markup and list them separately.

Sources: New York Department of State, Division of Corporations; New York State Department of Taxation and Finance; New York Limited Liability Company Law and Partnership Law.

Extras

Extras when you need them. Each with its own price.

The packages cover what every Limited Partnership needs. You can add these services on the order card, or later at the same prices.

Go to the order form
Strategy

Tax strategy

$2,000per company

In writing: a clean structure between parent and US subsidiary, or between you and your Limited Partnership. Coordinated with your accountant at home.

Full details
Roadmap

Visa roadmap

$2,000per company

In writing: which route to the USA fits you and your team, prepared with the immigration attorney on the firm's team. Filing and government fees are separate.

Full details
Credit

Credit Builder

$5,900in the first year

Credit for your company and for you. The strongest business cards also check your personal credit history, so we build both.

Full details
Tax strategy and visa roadmap together: in one order, you save $400. $3,600
Ongoing, as needed
Bookkeeping starts, and is billed, when your business starts. You book the tax return when it's due: every January we send you the order link for the previous year.

Bookkeeping

Basic · up to 50 transactions$250 /month
Operating · up to 200$500 /month
Growth · up to 500$1,000 /month
Profit calculation and partnership tax return$1,500

Profit calculation and Form 1065 with each partner's share, filed electronically. For $1,500 we first review your records; the amount is credited toward our fixed-price quote.

Deadlines and foreign partners
If the fiscal year is the calendar year, Form 1065 is due March 15 of the following year. Form 7004 extends the filing deadline by six months. If the partnership earns income from a US business that is allocable to foreign partners, separate filings and withholding apply for those partners.
Payroll
per employee per month, after a one-time setup of $1,600
$60
Sales tax: registration and ongoing returns
per state
$490
Custom resolutions
by the attorney on the firm's team, per matter
$450

Questions

Your questions about forming in New York, answered clearly.

Don't see your question?

Our office in Austin answers around the clock, in English.

+1 512 647 1128 Or book a consultation
Which route fits me: part of a corporate group or not?
If a company invests as limited partner, such as your own company, your Limited Partnership belongs to a corporate group. It then also needs resolutions from your parent company. If you invest yourselves, alone or with partners, it is not part of a group. On both paths, the general partner is the general partner LLC from the package.
Who can be general partner and limited partner?
Any individual and any company, of any nationality and living anywhere in the world. A Limited Partnership always has at least two partners: at least one General Partner and at least one Limited Partner. The General Partner runs the business; with us, that's a separate LLC, the general partner LLC, which we form alongside. The Limited Partners invest but don't manage. The public Certificate of Limited Partnership names the General Partner with name and address.
How much capital is required?
New York sets no minimum capital. What the General Partner and Limited Partners contribute is set out in your Partnership Agreement.
Do I have to travel to the USA?
Not for the formation; everything is done remotely. You only travel to Austin for the optional introduction at a traditional US bank. With Credit Builder, you travel to the USA once for the bank appointment. Here's how it works.
How long does it take?
New York sets no fixed timeframe for standard processing; for a fee, the state works faster. Once the formation is done, the EIN, BE-13 and account application follow step by step.
What do we need for identity verification (KYC)?
For the formation: details of the limited partners and of the general partner LLC and its members; in a group, also details of your parent company and its representatives. For Mercury: the formation documents, the IRS EIN letter and your passport; Mercury may also request proof of address. For euro account details, Wise requires photo ID of the owners and proof of the company's address.
What does it cost from the second year?
The annual package: $3,100 a year without a group, $3,600 a year in a group, for the Limited Partnership and its general partner LLC together. Plus state fees at cost: in New York that is the general partner LLC's Biennial Statement every two years for $9; the LP itself files no report. Bookkeeping and tax returns are only added if you book them.
Do I really need resolutions and minutes?
Yes. They are your Limited Partnership's memory, and anyone who does business with you, lends to you or buys from you will want to see them. We keep them from day one, for the LP and for the general partner LLC. Why they matter.
What is the newspaper publication all about?
New York requires every new Limited Partnership and every new LLC to be published within 120 days of formation, for six weeks, in two newspapers chosen by the county. A Certificate of Publication is then filed for each, with a fee of $50. Without publication, the right to do business in New York is suspended until it is completed. We handle this for the LP and the general partner LLC, and pass on the newspaper costs at cost.
Can your Limited Partnership get a US bank account even if you live in Europe?
According to Mercury, it accepts applications from founders without US citizenship or US residence if the company is formed in the US, operates or plans to operate there and provides a real business address (no Registered Agent address, no P.O. box). We file the application with you once the documents and EIN are in place; Mercury decides on the account. On top of that, euro account details through Wise and, if you travel to Austin, an introduction at a traditional US bank. More under US banking.
Can my company send employees to its US company?
That is what the L-1 is for, and it is the preferred route: your company at home sends someone who, in the three years before the application, worked for it full time for at least one continuous year, in a managerial role or with specialized knowledge. For a new office in the US, business premises must be secured, and the first approval is valid for no more than one year. The L-1 requires your company and the US company to be legally related; whether a Limited Partnership with your company as Limited Partner meets that depends on the individual case. Which route suits whom is set out in writing in the visa roadmap for $2,000, prepared with the immigration attorney on the firm's team, who also files the petitions.
What does the Limited Partnership mean for my taxes and my company's?
That depends on your situation, and that is exactly what the $2,000 tax plan is for: in writing and coordinated with your accountant at home. Forming in New York alone does not make your Limited Partnership pay tax there. US federal taxes also apply, and for you or your company, the taxes in your home country.
How do I build a credit history in the USA?
With two connected histories: yours and your company's. The strongest business cards also check your personal credit history. That's why we build both. For you: ITIN Express included, a US bank account, a US residential address with a phone line and our guidance to your first credit card; on-time payments on cards that report to the credit bureaus can help build a credit history. For your company: the D-U-N-S number, the Mercury IO card, whose payments Mercury says it reports to Experian, Equifax and Dun & Bradstreet (Mercury decides on the card), and a second business card that reports to the bureaus. We stay with you until your company has its own credit. All about Credit Builder.

Order

Your New York Limited Partnership, ready to form.

First choose your route, then the extras you need. You see the total instantly; state fees are shown separately.

1 Your route
2 Formation extras
3 Ongoing, once your business starts

Nothing is due today. You reserve bookkeeping now; it starts, and is billed, when your business starts.

Bookkeeping, billed from business start