Partnership Firm Registration

Partnership Firm Registration

PARTNERSHIP IS THAT FORM OF BUSINESS ENTITY IN WHICH TWO OR MORE INDIVIDUALS COME TOGETHER TO OPERATE A BUSINESS ACCORDING TO THE TERMS AND CONDITIONS WHICH ARE SPECIFIED IN THE PARTNERSHIP DEED WHICH ARE MUTUALLY DECIDED BY THE PARTNERS. IN PARTNERSHIP ALL THE PARTNERS HAVE UNLIMITED LIABILITY. IT MEANS IF ANY ONE PARTNER DO ANY MISCONDUCT THAN ALL THE PARTNERS ARE JOINTLY OR SEVERALLY LIABLE.

BENEFITS ASSOCIATED WITH THE PARTNERSHIP THAT ENCOURAGE YOU TO BEGIN YOUR BUSINESS:-

  • LESS COMPLIANCE BURDEN AS COMPARE TO OTHER FORMS OF BUSINESS ENTITY.
  • ALL THE PARTNERS HAVE UNLIMITED LIABILITY.
  • PARTNERSHIP CAN EASILY BE REGISTERED IN JUST 2-3 DAYS.
  • NO SUCH CAPITAL IS REQUIRED AT THE TIME OF FORMATION OF PARTNERSHIP FIRM.
  • DECISION CAN EASILY BE TAKEN IN THE BUSINESS BY THE PARTNERS AS THERE IS NO SUCH HIERARCHY OF DECISION IN THE FIRM.

PARTNERSHIP DEED CONTAINS THE FOLLOWING DETAILS:-

  • PROFIT SHARING RATIO.
  • OBJECTIVE OF PARTNERSHIP FIRM
  • RATE OF INTEREST ON CAPITAL
  • RATE OF INTEREST ON LOAN
  • ANY SUCH OTHER TERMS & CONDITIONS WHICH ARE AGREED BETWEEN THE PARTNERS.
DOCUMENTS WHICH ARE REQUIRED TO REGISTER A LIMITED LIABILITY PARTNERSHIP.
  • COPY OF PAN CARD/PASSPORT.
  • COPY OF AADHAR CARD/ VOTER ID/ DRIVING LICENSE.
  • TELEPHONE BILL/ ELECTRICITY BILL/ MOBILE BILL FOR REGISTERED OFFICE ADDRESS.
  • PARTNERSHIP DEED SIGNED BY ALL PARTNERS ON NON-JUDICIAL STAMP PAPER
  • RENT AGREEMENT/LEASE AGREMENT.
STEPS THAT ARE REQUIRED TO REGISTER A PARTNERSHIP FIRM.
  • ARRANGE ALL DOCUMENTS.
  • PREPARATION OF DRAFT OF PARTNERSHIP DEED.
  • REVIEW AND COFIRM THE DRAFT BY THE CLIENT.
  • APPLY FOR PAN CARD.

WE WILL PROVIDE YOU THE PARTNERSHIP REGISTRATION SERVICES. IT WILL TAKE AROUND 3-4 DAYS TO COMPLETE. THE WHOLE PROCESS IS ONLINE THERE IS NO NEED TO ARRANGE TIME TO VISIT PHYSICALLY.

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