Benefits
Limited partnerships have flexibility to govern themselves under either the Uniform Limited Partnership Act, or take advantage of the unique benefits of the Nevada Revised Statutes. NRS Chapter 87A, NRS Chapter 88.
Limited partnerships have flexibility to govern themselves under either the Uniform Limited Partnership Act, or take advantage of the unique benefits of the Nevada Revised Statutes. NRS Chapter 87A, NRS Chapter 88.
Perpetual life of a limited partnership is allowed. Professional use of a limited partnership is allowed. NRS 88 requires a dissolution date, NRS 87A does not.
A Limited Partnership is formed under the authority of state law by filing a Certificate of Limited Partnership with the Secretary of State and consists of one or more general partners and one or more limited partners. The name of the company must include “Limited Partnership”, “LP” or “L.P.”
Limited Partnership Registration (NRS Chapter 87A)
Limited Partnership Registration (NRS Chapter 88)