Form a limited partnership in Illinois
Illinois charges $150 for the Certificate of Limited Partnership (LP 201). We prepare it, your general partners sign it, and we file it with the Illinois Secretary of State, Department of Business Services.
Illinois details
- Certificate of Limited Partnership (LP 201)
- $150
- Expedited processing24 hours
- $100
- Limited partnership annual report
- $100 a year
Filing office: Illinois Secretary of State, Department of Business Services. Last checked October 2026. Fees are set by the state and confirmed again before we file. Source
Start my Illinois limited partnership
$150 total with our Basic package. We're not a law firm.
Questions
How much does it cost to form a limited partnership in Illinois?
The state charges $150. With our Basic package, the total is $150.
LP or LLC?
In an LP, general partners run the business and are personally liable for its debts, and limited partners invest. An LLC protects every owner, so most small businesses pick one. LPs suit funds and family holdings.
Who signs it?
Every general partner signs the certificate. We send it to them to sign before we file.
Who approves it?
The Illinois Secretary of State, Department of Business Services. We submit it there for you and send you copies of what comes back.