Partnership Firm Registration
A partnership firm is a business wherein two or more people share ownership and each contributes financial resources, property, labor and skill, as well as shares profits and losses of the business. It is relatively easy to form and it is mostly preferred by small and medium size business. Although it is not mandatory to register partnership firm but it is always advisable to get register your firm for taking benefits which are available to registered firm.
Features
Instability
Unlimited Liability
Simple and inexpensive to form
Ease of capital acquisition due to shared financial commitments
Each partner contributes an ideally unique skill set
Flexibility in Operation
Partnership firm is not required to file Annual accounts with Registrar as like Company and LLP
Partnerships have a unique ability to offer employees the incentive of becoming a Partner
Registered Firm has more value than unregistered firm
Registered Firm enjoys more benefits at time of contract with Government or other agencies
Sharing of Risk
Lack of Harmony
Limited Capital
Steps for Partnership Firm Registration
Draft Partnership Deed
Obtain Stamp Paper in the Name of Firm
Apply for the PAN Number and open a current bank account
Issuance of Registration Certification
Apply for Registration with Department through Form-1 with Deed and other documents
Apply for other Licenses as required
Documents Required
Name of the Firm
ID Proof of All Partners (Election Voter ID, PAN Card, Aadhar Card & Passport)
Latest Two Passport size Photos of All Partners
Business Place ownership proof as latest utility bill (electricity bill/Telephone bill)
Detailed Description about objective of firm
Address Proof of All Partners (BANK Statement, Telephone Bill, Electricity Bill etc.)
Rent Agreement and NOC/ Sale Deed
OFFERS
-
Sale!
Company Registration : Private Limited
₹ 24,999.00₹ 10,999.00 -
Sale!
Limited Liability Partnership(LLP) Registration
₹ 13,999.00₹ 5,999.00 -
Sale!
One Person Company (OPC)
₹ 14,999.00₹ 7,999.00 -
Sale!
Public Limited Company
₹ 44,999.00₹ 26,999.00 -
Sale!
Section 8 Company Registration
₹ 44,999.00₹ 29,999.00 -
Sale!
Society Registration
₹ 23,999.00₹ 14,999.00 -
Sale!
Trust Registration
₹ 17,999.00₹ 9,999.00
New Business
NGO
Retainership Services
Other Services