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Partnership Firm Registration
| Free Consultancy | Application for Pan Card |
| Partnership Deed |
* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh, Sikkim
* Package includes one time application of Name approval.
Registration in just 8 - 10 Days
No Additional Government Fees
No Govt. Fees
Overview of Partnership Firm Registration
A partnership firm is a well-recognized business structure formed with mutual consent of all the partners for a profitable purpose. The firm is managed, owned and controlled by a set of people that are known as partners and have some shared capital in the firm.Partnership firms are distinguished as registered and non-registered firms. Partnership firm registration is not mandatory to register but it is advisable to do so. Partnership firm registration offers various benefits that do not apply to the non-registered ones. A partnership firm registration is done under the Partnership Act, 1932 with very less documentation and formalities.
Why Choose Partnership Firm?
- Partnership registration is very easy.
- Partnership registration is inexpensive as compared to LLP.
- It has minimum compliance requirement.
Features of a partnership firm
- There is a minimum of two partners
- The partners may or may not share the responsibilities of the business.
- Through partnership, you can bring more capital into the business.
- Risk is shared in a partnership form
- Annual returns are not necessary to submit
- It is unlimited liability business entity.
Documents required for partnership Firm registration
- Application for partnership firm registration in the prescribed Form – I.
- Duly filled Specimen of Affidavit.
- Certified copy of the Partnership deed on appropriate non-judicial stamp paper.
- Proof of ownership of the place of business or the rental/lease agreement thereof.
- Affix court fee stamp & payment of prescribed fee for registration by demand draft.
When registrar of firms issues the certificate of registration?
Once the Registrar of Firms is satisfied that the application procedure has been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.
Who can become a partner in a partnership firm?
Any person who is an Indian citizen and a Resident of India can become partner in a partnership firm. However Non-Resident Indians can only invest in a partnership with after obtaining prior approval of the Government.
How much minimum capital required starting a partnership?
Any person who is an Indian citizen and a Resident of India can become partner in a partnership firm. However Non-Resident Indians can only invest in a partnership with after obtaining prior approval of the Government.
Who will registrar a partnership firm?
Any person who is an Indian citizen and a Resident of India can become partner in a partnership firm. However Non-Resident Indians can only invest in a partnership with after obtaining prior approval of the Government.
Is the partnership firm is a sepreate legal entity?
Any person who is an Indian citizen and a Resident of India can become partner in a partnership firm. However Non-Resident Indians can only invest in a partnership with after obtaining prior approval of the Government.
Can a partner transfer its ownership interest in the firm?
Any person who is an Indian citizen and a Resident of India can become partner in a partnership firm. However Non-Resident Indians can only invest in a partnership with after obtaining prior approval of the Government.