Setup Partnership Account

Empower Your Partnership with Expert Setup and Seamless Compliance

Forming a partnership? Whether it's a General Partnership or a Limited Liability Partnership (LLP), structuring your business correctly from the start protects your interests and sets the foundation for growth. At Midwest Professional Tax Service Inc., we make that process efficient, clear, and professional—just as Yondaa empowers clients through their digital formation platform 

Why Choose Our Partnership Setup Service

  • Tailored for Partnerships – From general partnerships to LLPs, we help you choose the legal structure that fits your needs.
  • Integrated Services – Complete coverage, from registered agent appointment to EIN processing and business banking support — all under one roof.
  • Compliance Made Simple – We’ll handle filings, documentation, and setup so you can focus on business.

Partnership Types & Their Advantages

  1. General Partnership
    • Easy formation with shared management and flexible structure.
    • Partners share profits, responsibilities, and personal liability.
  2. Limited Liability Partnership (LLP)
    • Each partner enjoys protection from liabilities arising from the actions of other partners.
    • Often used by professionals such as lawyers, accountants, and consultants.
    • Offers pass-through taxation—no entity-level taxes, and flexibility in income sharing.
    • Provides flexibility in management, without rigid corporate structure.
    • Note: Some states restrict LLP formation to licensed professionals or impose additional formalities.

How We Streamline Your Partnership Setup

1. Structure Selection & Eligibility Check

We help you choose between general partnership or LLP based on your business type and state eligibility

2. Name Availability & Registration

We guide you to select a compliant, unique name (including required suffixes like “LLP”) and check availability with the state

3. Registered Agent & Business Address

Fulfill your state’s legal requirement with our registered agent service and establish a professional business address—mirroring Yondaa’s seamless formation model 

4. Formation Documents & Filing

We prepare and file your Certificate of Partnership or Certificate of LLP with the Secretary of State, handling associated fees and processing

5. Partnership Agreement Drafting

We draft a detailed agreement tailored to your needs—defining management roles, financial contributions, profit/loss allocation, dispute resolution, and more 

6. Employer Identification Number (EIN)

We assist in applying for your EIN—essential for tax filings, hiring, and opening accounts

7. Business Banking & Setup Support

Once setup is complete, get connected with our banking partners to open your business bank account efficiently—similar to Yondaa’s streamlined process 

Why Our Service Stands Out

  • Professional Efficiency – No guesswork or headaches. We manage filings and documents with precision.
  • End-to-End Support – From legal filing to banking setup, we cover every step.
  • Customized Agreements – We build agreements that reflect your partnership’s unique structure and goals.
  • Ongoing Compliance – We guide you through any annual or state-specific requirements moving forward.

Getting Started Is Easy

Choose your formation level from our tailored service packages:

  • Basic Package – Formation filing + EIN + Registered Agent
  • Standard Package – Basic + Partnership Agreement + Business Address
  • Premium Package – Standard + Banking Introduction + Compliance Reminders

(Prices depend on your state’s filing requirements.)

Ready to Form Your Partnership with Confidence?

Let Midwest Professional Tax Service Inc. handle the details—professional, accurate, and tailored to your partnership’s success. To explore your options or schedule a consultation.

Schedule an Appointment