Fill - Free fillable 306 Boc Form 306 - Application for Registration of a Foreign Limited Partnership PDF form

Form 306

Instruction Page 1- Do not submit with filing.

Form 306—General Information

(Application for Registration of a Foreign Limited Partnership)

The attached form is drafted to meet minimal statutory filing requirements pursuant to the relevant code

provisions. This form and the information provided are not substitutes for the advice and services of an

attorney and tax specialist.

Commentary

To transact business in Texas, a foreign entity must register with the secretary of state under chapter 9 of

the Texas Business Organizations Code (BOC). The registration requirement applies to a foreign

corporation, foreign limited partnership, foreign limited liability company, foreign business trust,

foreign real estate investment trust, foreign cooperative, foreign public or private limited company, or

another foreign entity, the formation of which, if formed in Texas, would require the filing of a

certificate of formation with the secretary of state. Also, a foreign entity that affords limited liability to

any owner or member under the laws of its jurisdiction of formation is required to register.

Failure to Register: A foreign entity may engage in certain limited activities in the state without being

required to register (BOC § 9.251). However, a foreign entity that fails to register when required to do

so 1) may be enjoined from transacting business in Texas on application by the attorney general, 2) may

not maintain an action, suit, or proceeding in a court of this state until registered, and 3) is subject to a

civil penalty in an amount equal to all fees and taxes that would have been imposed if the entity had

registered when first required.

Penalty for Late Filing: A foreign entity that has transacted business in the state for more than ninety

(90) days is also subject to a late filing fee. The secretary of state may condition the filing of the

registration on the payment of a late filing fee that is equal to the registration fee for each year, or part of

a year, that the entity transacted business in the state without being registered.

Taxes: Limited partnerships are subject to a state franchise tax. Contact the Texas Comptroller of Public

Accounts, Tax Assistance Section, Austin, Texas, 78774-0100, (512) 463-4600 or (800) 252-1381 for

franchise tax information. For information relating to federal employer identification numbers, federal

income tax filing requirements, tax publications and forms call (800) 829-3676 or visit the Internal

Revenue Service web site at www.irs.gov.

A foreign limited partnership that is a limited liability limited partnership also must comply with the

registration requirements of subchapter K of chapter 152 of the BOC. Form 307 may be used to effect

the registration of a foreign limited liability limited partnership.

Instructions for Form

• Item 1—Entity Name and Type: Provide the full legal name of the foreign entity as stated in the

entity’s formation document. Do not include a “d/b/a” or assumed name in item 1. In addition, the

name of the foreign entity must comply with chapter 5 of the BOC, which requires that:

(1) the entity name contain a recognized term of organization for the entity type as listed in

section 5.055 of the BOC;

(2) the entity name not contain any word or phrase that indicates or implies that the entity is

engaged in a business that the entity is not authorized to pursue (BOC § 5.052); and

(3) the entity name not be the same as, deceptively similar to, or similar to the name of any

existing domestic or foreign filing entity, or any name reservation or registration filed with

the secretary of state (BOC § 5.053).

If the entity name does not comply with chapter 5, the document cannot be filed. The administrative

rules adopted for determining entity name availability (Texas Administrative Code, title 1, part 4,

chapter 79, subchapter C) may be viewed at www.sos.state.tx.us/tac/index.shtml. If you wish the

secretary of state to provide a preliminary determination on name availability, you may call (512)

463-5555, dial 7-1-1 for relay services, or e-mail your name inquiry to corpinfo@sos.texas.gov. A

final determination cannot be made until the document is received and processed by the secretary of

state. Do not make financial expenditures or execute documents based upon a preliminary clearance.

Also note that the preclearance of a name or the issuance of a certificate under a name does not

authorize the use of a name in violation of another person’s rights to the name.

• Item 2A—Assumed Name: If the entity name fails to contain an appropriate organizational

designation for the entity type, a recognized organizational designation should be added to the legal

name and set forth in item 2A. Accepted organizational designations for a foreign limited

partnership are: “limited,” “limited partnership,” or an abbreviation of those terms.

• Item 2B—Assumed Name: If it has been determined that the entity’s legal name is not available for

its use in Texas due to a conflict with a previously existing name, the foreign entity must obtain its

registration to transact business under an assumed name that complies with chapter 5 of the BOC.

State the assumed name that the foreign entity elects to adopt for use in Texas in item 2B of the

certificate. In addition, the foreign entity is required to file an assumed name certificate in

compliance with chapter 71 of the Texas Business & Commerce Code. The promulgated form for

filing the assumed name with the secretary of state is Form 503. This form is not acceptable for

filing with the county clerk.

• Item 3—Federal Employer Identification Number: Enter the entity’s federal employer

identification number (FEIN) in the space provided. The FEIN is a 9-digit number (e.g., 12-

3456789) that is issued by the Internal Revenue Service (IRS). If the entity has not received its

FEIN at the time of submission, this should be noted in item 3 on the application form. Provision of

the FEIN number at the time of submission will assist in the establishment of the entity’s tax account

with the Comptroller of Public Accounts.

• Item 4—Jurisdictional Information: The application must state the foreign entity’s jurisdiction of

formation and the date of its formation in the format shown in the application.

• Item 5—Certification of Existence: The application must contain a statement that the entity exists

as a valid foreign filing entity of the stated type under the laws of the entity’s jurisdiction of

formation.

• Item 6—Beginning Date of Business: Provide the date the foreign entity began or will begin to

transact business in the state. If the foreign entity has had prior activities within the state, the entity

may wish to consult with a private attorney regarding the beginning date of business. The beginning

date of business is the date the entity’s activities were considered the transaction of business for

purposes of registration under chapter 9 of the BOC. If the entity has transacted business in Texas

for more than 90 days before submission, a late filing fee will be assessed.

• Item 7—Principal Office Address: Provide the street or mailing address of the principal office of

the foreign entity.

Instruction Page 2- Do not submit with filing.

Form 306

• Item 8—Initial Registered Agent and Registered Office: A registered agent can be either (option

A) a domestic entity or a foreign entity that is registered to do business in Texas or (option B) an

individual resident of the state. The foreign limited partnership cannot act as its own registered

agent; do not enter the entity name as the name of the registered agent.

Consent: A person designated as the registered agent of an entity must have consented, either in a

written or electronic form, to serve as the registered agent of the entity. Although consent is

required, a copy of the person’s written or electronic consent need not be submitted with the

application for registration. The liabilities and penalties imposed by sections 4.007 and 4.008 of the

BOC apply with respect to a false statement in a filing instrument that names a person as the

registered agent of an entity without that person’s consent. (BOC § 5.207)

Office Address Requirements: The registered office address must be located at a street address

where service of process may be personally served on the entity’s registered agent during normal

business hours. Although the registered office is not required to be the entity’s principal place of

business, the registered office may not be solely a mailbox service or telephone answering service

(BOC § 5.201).

• Item 9—Appointment of Secretary of State: By signing the application for registration, the

foreign entity consents to the appointment of the secretary of state as an agent of the foreign filing

entity for service of process under the circumstances described by section 5.251 of the BOC.

• Item 10—Governing Persons: Provide the name and address of each person serving as part of the

governing authority of the foreign limited partnership. Generally, this would be the general partners

of the partnership. A minimum of one governing person is required. If the governing person is an

individual, set forth the name of the individual in the format specified. Do not use prefixes (e.g.,

Mr., Mrs., Ms.). Use the suffix box only for titles of lineage (e.g., Jr., Sr., III) and not for other

suffixes or titles (e.g., M.D., Ph.D.). If the governing person is an organization, set forth the legal

name of the organization. For each governing person, only one name should be entered. Do not

include both the name of an individual and the name of an organization. An address is always

required for each governing person.

Please note that a document on file with the secretary of state is a public record that is subject to public

access and disclosure. When providing address information for governing persons, use a business or

post office box address rather than a residence address if privacy concerns are an issue.

Please note that a foreign limited partnership is required to file an amendment to its registration

(Form 412) to reflect the admission of a new general partner; the withdrawal of a named general

partner; and to reflect a change of name of a general partner stated in its application for registration.

(BOC § 9.009(a)(3))

• Supplemental Provisions/Information: Additional space has been provided for additional text to

an item within this form.

• Effectiveness of Filing: The application for registration becomes effective when filed by the

secretary of state (option A). However, pursuant to sections 4.052 and 4.053 of the BOC the

effectiveness of the instrument may be delayed to a date not more than ninety (90) days from the

date the instrument is signed (option B). The effectiveness of the instrument also may be delayed on

the occurrence of a future event or fact, other than the passage of time (option C). If option C is

selected, you must state the manner in which the event or fact will cause the instrument to take effect

Instruction Page 3- Do not submit with filing.

Form 306

and the date of the 90

day after the date the instrument is signed. In order for the certificate to take

effect under option C, the entity must, within ninety (90) days of the filing of the certificate, file a

statement with the secretary of state regarding the event or fact pursuant to section 4.055 of the

BOC.

On the filing of a document with a delayed effective date or condition, the computer records of the

secretary of state will be changed to show the filing of the document, the date of the filing, and the

future date on which the document will be effective or evidence that the effectiveness was

conditioned on the occurrence of a future event or fact. In addition, at the time of such filing, the

status of the entity’s registration will be shown as “in existence” on the records of the secretary of

state.

• Execution: Pursuant to section 4.001 of the BOC, the application for registration must be signed by

a person authorized by the BOC to act on behalf of the entity in regard to the filing instrument.

Generally, a general partner of the partnership signs a filing instrument.

The application for registration need not be notarized. However, before signing, please read the

statements on this form carefully. The designation or appointment of a person as the registered

agent by a managerial official is an affirmation by that official that the person named in the

instrument has consented to serve as registered agent. (BOC § 5.2011)

A person commits an offense under section 4.008 of the BOC if the person signs or directs the filing

of a filing instrument the person knows is materially false with the intent that the instrument be

delivered to the secretary of state for filing. The offense is a Class A misdemeanor unless the

person’s intent is to harm or defraud another, in which case the offense is a state jail felony.

• Payment and Delivery Instructions: The filing fee for an application for registration for a limited

partnership is $750. In addition, the foreign filing entity will be assessed a late filing fee of $750 for

each year of delinquency if the entity has transacted business in Texas for more than 90 days prior to

filing the application for registration. For purposes of computing the late filing fee, a partial

calendar year is counted as a full year. Fees may be paid by personal checks, money orders,

LegalEase debit cards, or American Express, Discover, MasterCard, and Visa credit cards. Checks

or money orders must be payable through a U.S. bank or financial institution and made payable to

the secretary of state. Fees paid by credit card are subject to a statutorily authorized convenience fee

of 2.7 percent of the total fees.

Submit the completed form in duplicate along with the filing fee. The form may be mailed to P.O.

Box 13697, Austin, Texas 78711-3697; faxed to (512) 463-5709; or delivered to the James Earl

Rudder Office Building, 1019 Brazos, Austin, Texas 78701. If a document is transmitted by fax,

credit card information must accompany the transmission (Form 807). On filing the document, the

secretary of state will return the appropriate evidence of filing to the submitter together with a file-

stamped copy of the document, if a duplicate copy was provided as instructed.

• FYI: A registered limited partnership is required to maintain a registered agent and a registered

office address in Texas. If the registered agent or registered office address changes, it is important to

file a statement with the secretary of state to effect a change to the application for registration.

Failure to maintain a registered agent and registered office may result in the revocation of the foreign

filing entity’s registration.

Form 306

Instruction Page 4- Do not submit with filing.

Form 306

Instruction Page 5- Do not submit with filing.

Sections 153.301 through 153.312 of the BOC, as amended by House Bill 2891 (effective January 1,

2016), authorize the secretary of state to require a foreign limited partnership that is not required to

file a public information report with the Comptroller of Public Accounts under section 171.203 of

the Tax Code to file a report not more than once every four (4) years. The report includes

information on the limited partnership’s registered agent and office, principal office, and the names

and addresses of the general partners of the partnership. A notice that the report is due will be sent

by the secretary of state to the partnership and will be mailed to the registered office address.

Failure to file the report within the time period specified by the secretary of state will result in the

revocation of the entity’s registration.

Revised 12/15

Form 306

This space reserved for office use.

Application for

Registration

of a Foreign Limited

Partnership

Form 306

(Revised 12/15)

Submit in duplicate to:

Secretary of State

P.O. Box 13697

Austin, TX 78711-3697

512 463-5555

FAX: 512/463-5709

Filing Fee: $750

1. The entity is a foreign limited partnership. The name of the entity is:

Provide the full legal name of the entity as stated in the entity’s formation document in its jurisdiction of formation.

2A. The name of the entity in its jurisdiction of formation does not contain the word “limited

partnership” or “limited” (or an abbreviation thereof). The name of the entity with the word or

abbreviation that it elects to add for use in Texas is:

2B. The entity name is not available in Texas. The assumed name under which the entity will qualify

and transact business in Texas is:

The assumed name must include an acceptable organizational identifier or an accepted abbreviation of one of these terms.

3. Its federal employer identification number is:

Federal employer identification number information is not available at this time.

4. It is organized under the laws of:

(set forth state or foreign country)

and the date of its formation in that jurisdiction is:

mm/dd/yyyy

5. As of the date of filing, the undersigned certifies that the foreign limited partnership currently

exists as a valid limited partnership under the laws of the jurisdiction of its formation.

6. The date on which the foreign entity intends to transact business in Texas, or the date on which the

foreign entity first transacted business in Texas is:

mm/dd/yyyy

Late fees may apply (see instructions).

7. The principal office address of the limited partnership is:

Address City State Country Zip/Postal Code

Complete item 8A or 8B, but not both. Complete item 8C.

8A. The initial registered agent is an organization (cannot be entity named above) by the name of:

8B. The initial registered agent is an individual resident of the state whose name is:

First Name M.I. Last Name Suffix

8C. The business address of the registered agent and the registered office address is:

Street Address City State

Zip Code

9. The entity hereby appoints the Secretary of State of Texas as its agent for service of process under

the circumstances set forth in section 5.251 of the Texas Business Organizations Code.

10. Governing Persons: The name and address of each general partner is:

NAME AND ADDRESS OF GENERAL PARTNER (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

First Name M.I. Last Name Suffix

IF ORGANIZATION

Organization Name

Street or Mailing Address

City State Country Zip Code

NAME AND ADDRESS OF GENERAL PARTNER (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

First Name M.I. Last Name Suffix

IF ORGANIZATION

Organization Name

Street or Mailing Address

City State Country Zip Code

NAME AND ADDRESS OF GENERAL PARTNER (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

First Name M.I. Last Name Suffix

IF ORGANIZATION

Organization Name

Street or Mailing Address

City State Country Zip Code

Supplemental Provisions/Information

Text Area: [The attached addendum, if any, is incorporated herein by reference.]

Form 306

Effectiveness of Filing (Select either A, B, or C.)

A. This document becomes effective when the document is filed by the secretary of state.

B. This document becomes effective at a later date, which is not more than ninety (90) days from

the date of signing. The delayed effective date is:

C. This document takes effect upon the occurrence of a future event or fact, other than the

passage of time. The 90

day after the date of signing is:

The following event or fact will cause the document to take effect in the manner described below:

Execution

The undersigned affirms that the person designated as registered agent has consented to the

appointment. The undersigned signs this document subject to the penalties imposed by law for the

submission of a materially false or fraudulent instrument and certifies under penalty of perjury that the

undersigned is authorized under the provisions of law governing the entity to execute the filing

instrument.

Date:

Signature of authorized person (see instructions)

Printed or typed name of authorized person.

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306 Boc Form 306 - Application for Registration of a Foreign Limited Partnership

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