Partnership – A Partnership is simply two or more individuals coming together to start a company and file a fictitious business name or Doing Business As (DBA), but legally the entity is still the legal name of the individuals, and is still taxed on individual tax returns. Partnership can not directly own assets, and all legal assets are co-owned by the individuals who own the partnership. We can sponsor partnerships and we simply issue a K-1 at the end of the year that can be added to your personal taxes, but only if there is profit. There would be no additional costs to sponsor this type legal entity, and would only cost a % of total cash flow that you choose.