Overview · What forming and maintaining a Indiana LLP involves, and everything our one price covers.
Register an Indiana Limited Liability Partnership (LLP) the Straightforward Way
An Indiana LLP lets partners run a business together while shielding each partner from the malpractice and misconduct of the others. This page explains why partnerships choose the LLP form, what Indiana actually requires to register one through the INBiz portal, and how the whole path fits together — from the partnership agreement to the biennial report that keeps you in good standing.
One price: $199.00/yr covers your formation, your registered agent, and your annual report, plus the $90.00 state filing fee, at cost.
State agency: Indiana Secretary of State, Business Services Division (INBiz)
Annual report due: Anniversary of formation · Processing: 1 business day
✓ No hidden fees ✓ No second-year price hikes ✓ No missed filings
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Indiana LLP Formation
- ✓Formation prepared & filed
- ✓Your registered agent, all year
- ✓Annual report prepared & filed
Renews at $199.00/yr + the state's $32.00 annual-report fee, at cost.
What a Limited Liability Partnership Is and Who Uses It
A limited liability partnership is a general partnership that has taken one extra legal step: it has registered with the state to obtain a liability shield for its partners. In a plain general partnership, every partner is personally responsible for the debts and wrongful acts of the business — and, critically, for the wrongful acts of the other partners. The LLP form removes that last piece. Once your partnership is registered as an Indiana LLP, a partner is generally not personally liable for the negligence, malpractice, or misconduct of another partner, or for obligations of the partnership itself, simply because of their status as a partner.
That distinction is why the LLP is the default structure for licensed professional groups. Law firms, accounting practices, medical and dental groups, architecture and engineering firms, and financial advisory partnerships gravitate to the LLP because each partner wants to be protected from a colleague's mistake. A CPA who did nothing wrong should not lose personal assets because a partner three offices away botched an audit. The LLP delivers exactly that protection while keeping the flexible, partner-run character that professionals prefer over the rigid formalities of a corporation.
How the LLP differs from an LLC
People often conflate the two, but they are separate entity types under separate parts of Indiana law. An LLC is owned by members and formed by filing Articles of Organization. An LLP starts life as a general partnership and becomes an LLP by filing a Statement of Qualification (sometimes called a registration as a limited liability partnership) with the Secretary of State. The partners continue to run the business directly, governed by their partnership agreement, and the partnership's underlying character carries over — the LLP is essentially a general partnership wearing a liability shield.
Governance stays in the partners' hands
There are no mandatory managers, no board of directors, and no required annual meetings baked into the LLP form. The partners decide how the business runs, and they write those decisions down in a partnership agreement. Indiana's partnership statutes fill any gaps you leave, but the agreement is where the real governance lives — profit splits, voting, admitting new partners, and what happens when someone leaves.
Why Register as an LLP Instead of Staying a General Partnership
If two or more people are already carrying on a business for profit together, Indiana law treats them as a general partnership whether they signed anything or not. That default status is convenient but dangerous: it exposes each partner to unlimited personal liability, including liability for what the other partners do. Registering as an LLP is the deliberate act that fixes this.
The liability shield is the whole point
In a general partnership, a creditor or a plaintiff who wins a judgment against the partnership can pursue the personal assets of any partner. In a registered LLP, the partners are shielded — the claim generally reaches the partnership's assets and the assets of a partner who is personally at fault, but not the innocent partners' homes, savings, or personal property. This is the same functional protection that a corporation or LLC gives its owners, adapted to the partnership form.
What the shield does not cover
No liability shield is absolute. A partner remains personally responsible for their own negligence or wrongful conduct — the LLP protects you from your partners' mistakes, not from your own. A partner who personally guarantees a lease or a business loan is personally on the hook for that specific obligation. And in the professional context, the shield does not override malpractice liability for the individual who committed the malpractice, nor does it substitute for the professional liability insurance that Indiana licensing boards may require. Treated properly — with the partnership's finances kept separate and contracts signed in the LLP's name — the shield is durable and reliable.
Pass-through taxation
An LLP is a partnership for federal tax purposes. It does not pay income tax at the entity level; instead, profits and losses pass through to the partners, who report their share on their personal returns via a Schedule K-1 issued from the partnership's Form 1065. Indiana does not tax the partnership itself on its income, though the partnership does file an information return and partners account for Indiana-source income on their own returns. This pass-through treatment avoids the double taxation that hits C-corporations and is one reason partnerships stay partnerships rather than incorporating.
What Indiana Requires to Register an LLP
Indiana runs business filings through INBiz, the state's one-stop online portal operated by the Secretary of State's Business Services Division. To become an LLP, an existing or newly formed general partnership files a Statement of Qualification (the registration as a limited liability partnership) through INBiz. The filing is short and does not require you to disclose the partnership's internal financial arrangements.
What the registration captures
- Partnership name: The official name of the LLP, which must include a required designator such as "Limited Liability Partnership," "LLP," or "L.L.P."
- Principal office address: The main business address of the partnership. A physical street address is expected; a P.O. box alone is not sufficient for the registered agent.
- Registered agent: A person or business with a physical Indiana street address, available during business hours to receive legal process and state notices on the partnership's behalf.
- Statement of business: A brief description confirming the partnership is registering for LLP status.
Processing and confirmation
INBiz filings are fast — Indiana typically processes online registrations in about one business day, and often the same day. Once processed, the LLP appears in the state's business search and your filed confirmation is available. Paper filings by mail take substantially longer, usually several business days, which is why nearly everyone files online.
Ongoing Duties Once Your LLP Is Registered
Registering the LLP is a one-time act. Keeping it in good standing is an ongoing commitment, and Indiana has one wrinkle that trips people up: the report cycle is biennial, not annual.
The Business Entity Report
Indiana LLPs file a Business Entity Report with the Secretary of State every two years, not every year, through INBiz. The report confirms your registered agent and address information and keeps the entity active. Because it comes around only every other year, it is easy to forget — set a reminder or use a service that tracks it for you, because letting it lapse eventually leads to administrative dissolution.
Registered agent maintenance
Your registered agent must remain continuously available at an Indiana street address. If the agent moves, resigns, or stops being reachable, you must update the record. An LLP with a stale or invalid agent address is technically out of compliance even if its report is current.
Partnership agreement and licensing
Indiana does not require you to file a partnership agreement — it stays private — but every LLP should have one, and professional LLPs must also maintain whatever licensure and professional liability coverage their Indiana licensing board requires. These obligations run in parallel with the state filing and are the partners' responsibility to track.
What Mainstay Filing Does for You
Mainstay Filing prepares and submits the LLP registration so you are not left to interpret the INBiz interface, guess at what the Statement of Qualification needs, or wonder whether you have satisfied every state requirement. You give us the partnership's name, its address, and your choice of registered agent; we prepare the registration, file it through INBiz, and return the confirmed documents once the state processes them.
We include registered agent service, so a professional Indiana address sits in the public record instead of a partner's home, and someone is always available during business hours to receive service of process and state mail. Because Indiana's report is biennial and easy to miss, we track the deadline and can file the Business Entity Report for you when it comes due.
What we don't do
What we offer is a filing service — we are neither a law firm nor a firm of accountants. We do not draft your partnership agreement's economic terms, advise on how partners should split profits or equity, or provide tax or legal opinions. For those decisions — especially for a professional practice — you want a business attorney and a CPA. What we handle is the state-facing paperwork, done correctly and on time, so the partners can focus on the practice itself.
Frequently asked questions
What is an Indiana LLP and how is it different from a general partnership?
An Indiana LLP is a general partnership that has registered with the Secretary of State to give its partners a liability shield. In a plain general partnership, each partner is personally liable for the debts of the business and for the wrongful acts of the other partners. Once the partnership registers as an LLP through INBiz, a partner is generally protected from the partnership's obligations and from another partner's negligence or misconduct. The registration is the single legal step that separates the two.
Who typically forms an LLP in Indiana?
LLPs are especially common among licensed professionals — law firms, accounting and CPA practices, medical, dental, and veterinary groups, architects, engineers, and financial advisors. These groups choose the LLP because each partner wants protection from a colleague's malpractice while keeping the flexible, partner-run structure of a partnership. Non-professional businesses can also register as LLPs in Indiana, but the professional context is where the form is most popular.
Do I need a registered agent for my Indiana LLP?
Yes. Every Indiana LLP must maintain a registered agent with a physical street address in Indiana, available during normal business hours to receive service of process and official state notices. You can serve as your own agent if you have a qualifying Indiana address, name a trusted individual, or use a commercial registered agent service to keep a professional address in the public record instead of your own.
How often does an Indiana LLP have to file a report?
Indiana uses a biennial cycle. LLPs file a Business Entity Report with the Secretary of State every two years through INBiz — not every year, which surprises people used to annual reports in other states. Because it comes around only every other year, it is easy to forget, so tracking the deadline is important to avoid eventual administrative dissolution.
Does an Indiana LLP pay state income tax?
The LLP itself does not pay income tax at the entity level. It is a pass-through: profits and losses flow to the partners, who report their share on their personal returns. The partnership files an information return, and partners account for their Indiana-source income individually. There is no double taxation the way there is with a C-corporation. Consult a CPA for the details of your partners' Indiana filings.
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Formation, your registered agent, and your annual report. One price, $199.00/yr, with the state fee passed through at cost.
Form Your Indiana LLP ($199.00/yr All-In)