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REGISTER YOUR PARTNERSHIP

It is the easiest form of business where two persons with a common objective join hands to start a business under a name for earning profit. There are two types of partnership firms.

  1. Registered Partnership firm- where the firm is required to gets its name registered under Registrar of Firms.

  2. Unregistered Partnership Firm

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Advantages of having partnership firm registered.

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  1. The partners can sue the defaulter party for damages i.e. can sue other partners, firms in court.

  2. The firm can file the case against third party.

  3. The registered firm can claim set-off of the counter damages in the court decision.

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NOTE-

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It is optional to register a Registered Partnership Firm.

An unregistered partnership firm can subsequently anytime get itself register under Registrar of Firms.

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ADVANTAGES

Small Business With Low Compliance

  1. Annual compliances are very few as compared to any other form of business.

  2. Only ITR (Income Tax Return) has to be filed with Income Tax department.

Easy Disposal of Business

  1. Can be dissolve as per the will of the partners i.e. no dissolution expenses have to be beard by the partners.

Concentration of Ownership

  1. Ownership is not freely transferable, can only be transferred with the consent of majority of partners.

Small business 

  1. It gets numerous benefits under the MSME (Medium & Small Scale Enterprise) and can enjoy numerous benefits of Govt. assistance to emerging entrepreneurs.

DOCUMENTS REQUIRED

PROCEDURE AT A GLANCE

PROCEDURE AT A GLANCE

1.

PAN of the Partners -Mandatory

2.

Identity Proof-Passport, Aadhar, Voter Id, Driving License ( promoters)

3.

Address Proof of Business- Sale Deed if owned, Property Tax Receipt/ Electricity Bill + N.O.C if rented along with rent agreement.

3.

Monetary Capital Contribution & Partners Profit sharing Ratio

3.

Proposed Name of Firm 

APPLY NOW!

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We will collect all the required info and documents as will be required for your Partnership Registration.

1.

Our professionals will draft Partnership deed as per the specifications and objectives of the partnership firm.

2.

We will send you the form on the applicable stamp paper and you 'll have to sign the same and revert back to us through e-mail

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3.

We'll provide PAN/ TAN of the partnership firm

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4.

We will provide Udyog Aadhar registration and will register your firm under MSME (Micro Small & Medium Enterprise).

5.

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