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Overview · What forming and maintaining a Tennessee LLP involves, and everything our one price covers.

Register a Tennessee Limited Liability Partnership Without the Guesswork

A Tennessee LLP lets two or more partners run a business together while shielding each partner from liability for what the others do. This page explains what an LLP actually is under Tennessee law, who it fits, how registration works through the Secretary of State, and where Mainstay Filing fits into the picture.

One price: $199.00/yr covers your formation, your registered agent, and your annual report, plus the $250.00 state filing fee, at cost.

State agency: Tennessee Secretary of State, Division of Business Services

Annual report due: April 1 · Processing: Same day

Form Your Tennessee LLP ($199.00/yr All-In)

✓ No hidden fees  ✓ No second-year price hikes  ✓ No missed filings

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Tennessee LLP Formation

Everything we do /yr$199.00
State filing fee (at cost)$250.00
  • Formation prepared & filed
  • Your registered agent, all year
  • Annual report prepared & filed
Due today$449.00

Renews at $199.00/yr. This state charges no annual-report fee.

What a Limited Liability Partnership Is in Tennessee

A limited liability partnership is a general partnership that has taken one extra step: it has registered with the state to add a liability shield. Underneath, it is still a partnership — owned and run by partners, governed by a partnership agreement, and taxed as a partnership by default. The registration is what separates it from an ordinary general partnership, where each partner is personally exposed to everything the business does.

Tennessee recognizes LLPs under its Revised Uniform Partnership Act, found in Title 61 of the Tennessee Code. When a partnership files to become an LLP with the Tennessee Secretary of State, Division of Business Services, it gains a statutory shield: a partner is generally not personally liable for the debts, obligations, or wrongful acts of the partnership or of the other partners simply because they are a partner. That is the whole reason the LLP form exists.

How an LLP differs from a general partnership

In a plain general partnership, if one partner signs a bad contract or commits malpractice, every partner's personal assets can be pursued to satisfy the resulting claim. That joint-and-several exposure is the default rule for partnerships. Registering as an LLP replaces that exposure with a shield: the partnership's assets are still on the line, but a partner's home, savings, and personal property are generally protected from partnership liabilities they did not personally cause.

The shield is not absolute. A partner remains responsible for their own negligence, their own misconduct, and any obligation they personally guarantee. What the LLP form removes is the automatic vicarious liability for what the other partners and the firm do.

Who typically forms an LLP

LLPs are especially common among licensed professionals who practice together — accounting firms, law firms, architecture and engineering practices, medical and dental groups, and consulting partnerships. In many of these fields, the partners want to share a practice and split profits while making sure that one partner's mistake does not wipe out everyone else. The LLP was essentially designed for that situation. That said, nothing limits the LLP to licensed professions in Tennessee; any general partnership that wants the liability shield can register.

Why Choose an LLP Over Other Tennessee Structures

Choosing an entity type is really a question of how you want to be owned, taxed, and governed. The LLP occupies a specific spot: it is for people who genuinely want a partnership — shared ownership, shared management, pass-through taxation — but who also want protection from each other's liabilities.

LLP versus LLC

A Tennessee LLC is owned by members and can be run by members or by appointed managers. An LLP is owned and run by partners under a partnership agreement. Both provide a liability shield and both are pass-through entities by default. The practical differences come down to terminology, governance customs, and, in some professions, licensing-board rules that favor or require one form over the other. Many professional practices choose the LLP because their state licensing framework and malpractice norms are built around the partnership model.

LLP versus limited partnership (LP)

An LP has two tiers of owners: general partners who manage and bear full liability, and limited partners who invest but stay out of management to keep their liability limited. An LLP has one class of partners who can all participate in management while keeping the shield. If you want every owner active in the business without a passive-investor structure, the LLP fits better than an LP.

LLP versus staying a general partnership

A general partnership costs nothing to form — it exists the moment two people go into business together for profit. But it offers no liability protection at all. Registering as an LLP is the affordable, straightforward way to keep the partnership you already have while adding the shield. For most partnerships that have grown past the handshake stage, that trade is worth making.

How Tennessee LLP Registration Works

Tennessee runs business filings through the Secretary of State, Division of Business Services, using the online portal at tncab.tnsos.gov. Registering an LLP is a state-level filing that converts an existing or intended general partnership into a registered limited liability partnership.

The core filing

To become an LLP, a Tennessee partnership files a registration — commonly called a Statement of Qualification or application for LLP registration — with the Division of Business Services. The filing identifies the partnership, states that it is registering as an LLP, names a registered agent with a Tennessee street address, and includes the required state fee. Tennessee assesses the LLP registration fee on a per-partner basis, so the total depends on how many partners are in the firm; the receipt card on this page shows the current amount for your filing.

What the registration records

  • The partnership's name, including the required LLP designation
  • The address of the principal office
  • The name and Tennessee street address of the registered agent
  • The number of partners (which drives the per-partner fee)
  • A statement electing limited liability partnership status

Processing

Filings submitted online through the Division's portal are generally processed quickly — same-day in many cases. Once the state accepts the registration, the LLP appears in the Tennessee business entity search and you receive confirmation you can use to open bank accounts and sign contracts in the firm's name.

The Registered Agent Requirement

Every registered Tennessee LLP must name and continuously maintain a registered agent. The registered agent is the official recipient for legal process and state correspondence — the point of contact between your firm and anyone who needs to serve it with a lawsuit or send it an official notice.

What the agent must be

  • A person or company with a physical street address in Tennessee — a P.O. box alone does not satisfy the requirement
  • Available during normal business hours to accept service of process in person
  • Willing to accept the appointment on behalf of the LLP

A partner can serve as the agent if they have a Tennessee street address and are reliably present during business hours, but that address becomes part of the public record. Many firms prefer a commercial registered agent so that a professional address appears in the public database instead of a partner's home, and so that legal documents are never missed because everyone happened to be out of the office or in court.

What Mainstay Filing Handles for You

Mainstay Filing prepares and submits your Tennessee LLP registration so you are not left interpreting the Division of Business Services portal, the per-partner fee math, or the exact wording the state expects. You give us the partnership's details — its name, principal office, partner count, and registered agent choice — and we file the registration with the Secretary of State and return the accepted documents.

We include registered agent service, which keeps a professional Tennessee address in the public record on your behalf and makes sure someone is always available to receive legal process and forward it to you promptly. After registration, we track your annual renewal deadline so the firm stays in good standing without you having to remember the date yourself.

What we are not

Mainstay Filing is a filing service, not a law firm or accounting firm. We do not draft your partnership agreement's substantive terms, advise on how partners should split profits, or provide tax or legal opinions. For those decisions, you want your own attorney or CPA — especially in a professional practice with malpractice and licensing considerations. Our job is to get the state-facing paperwork correct and on time so you can focus on the practice itself.

Frequently asked questions

Is a Tennessee LLP the same as a general partnership?

No. A general partnership exists automatically when two or more people run a business together for profit, and it offers no liability protection — every partner is personally exposed to the firm's debts and to the other partners' mistakes. A limited liability partnership is a general partnership that has registered with the Tennessee Secretary of State to add a statutory liability shield. The registration is exactly what separates the two.

Who can form a Tennessee LLP?

Any general partnership with two or more partners can register as a Tennessee LLP. LLPs are especially common among licensed professionals — accountants, attorneys, architects, engineers, and physicians who practice together — but Tennessee does not restrict the LLP form to licensed professions. Any partnership seeking the liability shield can register.

Does forming an LLP protect me from everything?

No. The shield protects a partner from personal liability for partnership debts and for the wrongful acts of the other partners simply because they are a partner. It does not protect you from your own negligence or misconduct, and it does not cover obligations you personally guarantee, such as a loan you cosign. Keeping partnership and personal finances separate is essential to preserving the shield.

Do I need a registered agent for my Tennessee LLP?

Yes. Tennessee requires every registered LLP to name and maintain a registered agent with a physical street address in the state, available during business hours to receive legal process. A partner can serve if they qualify, or you can use a commercial registered agent service to keep a home address out of the public record and ensure documents are never missed.

How is a Tennessee LLP taxed?

By default, an LLP is taxed as a partnership: the firm itself does not pay federal income tax, and profits and losses pass through to the partners, who report their shares on their personal returns. Tennessee does not tax wage and ordinary business income at the individual level, but the partnership may be subject to the state's franchise and excise tax depending on its activities. Confirm your specific situation with a CPA.

Ready to form your Tennessee LLP?

Formation, your registered agent, and your annual report. One price, $199.00/yr, with the state fee passed through at cost.

Form Your Tennessee LLP ($199.00/yr All-In)