Business Entity Types
The following types of business organization are not filed with the Department of Financial Institutions. Other public record custodians, such as the county Register of Deeds, may accept a notice or statement for record under the provisions of sections 134.17 and 178.39 of the Wisconsin Statutes.
A general partnership is an association to 2 or more persons to carry on as co-owners a business for profit. It may operate under a partnership agreement, customarily created in consultation with a legal advisor. The agreement may be recorded with the county Register of Deeds, but is not required to be. General partnerships are not filed with the department.
A business conducted by a sole proprietor has no existence apart from its owner. They are not filed with the department. A sole proprietor may elect to file a statement with respect to its use of a business name with the county Register of Deeds, or may file a tradename with the DFI.