Internal Revenue Code (IRC): Federal tax legislation governing the tax treatment and classification of partnerships, determining how the business entity will be taxed
Securities Exchange Act: Federal legislation that regulates securities trading and applies if the partnership plans to issue securities
Federal Registration Requirements: Federal-level registration obligations that partnerships must comply with
Federal Employment Laws: Laws governing employment relationships if the partnership will have employees, including Fair Labor Standards Act, OSHA, etc.
State Corporation Laws: State-specific legislation governing the formation and operation of business entities, including partnerships
State Partnership Laws: Specific state laws governing partnership formation, operation, and dissolution
State Business Registration Requirements: State-specific requirements for registering and maintaining a business entity
State Tax Laws: State-specific tax regulations affecting partnerships
Uniform Partnership Act (UPA)/Revised Uniform Partnership Act (RUPA): Model legislation adopted by most states that provides the basic legal framework for partnerships
Secretary of State Requirements: Specific filing and compliance requirements set by the state's Secretary of State office
Industry-Specific Regulations: Regulations specific to the partnership's industry, including permits, licenses, and compliance requirements
Professional Association Requirements: Requirements set by professional bodies if the partnership operates in a regulated profession
Municipal Business Regulations: Local government regulations affecting business operations
Local Licensing Requirements: Specific licenses required by local authorities to operate the business
Zoning Laws: Local regulations governing where business operations can be conducted
