Partnership Registration

Documents Required

PAN (Permanent Account Number) of all Partners (Minimum 2)
Address proof (Voter id/Passport/Driving license/Aadhar card/Bank statement) of all partners
Latest passport size photographs of all partners
Registered Office Address Proof - Electricity Bill along with Rent Agreement / ownership proof of proposed registered office
Copy of Mobile bill, telephone bill, electricity bill or Bank Statement of all directors / promoters with Present address (could be different from permanent address).

Rs. 3,500/- onwards

Process Involved:

Documentation

Set of documents required to draft partnership deed

Information

Information related to salary, capital contribution will be required.

Partnership Deed approval

Drafted Partnership Deed sent to client for approval and then signature.

Signed Partnership deed sent for Notarization and registration.

Apply PAN and TAN

PAN is applied based on Partnership Deed after that TAN is applied once we receive copy of PAN card. All documents will be mailed to client to their respective email id.

Frequently Asked Questions

What is Partnership?

A Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and goals set out in the Partnership Deed.
A partnership is easy to form as no cumbersome legal formalities are involved. Its registration is also not essential. However, if the firm is not registered, it will be deprived of certain legal benefits. The Registrar of Firms is responsible for registering partnership firms.
A partnership is formed by an agreement which may be either written or oral. When the written agreement is duly stamped and registered, it is known as "Partnership Deed".
Ordinarily, the rights, duties and liabilities of partners are laid down in the deed. But in the case where the deed does not specify the rights and obligations, the provisions of the THE INDIAN PARTNERSHIP ACT, 1932 will apply.

Why Choose Partnership?

Partnership registration is very easy.
Partnership registration is inexpensive as compared to LLP.
It has minimum compliance requirement.

What is the Need for Partnership Registeration?

If you don’t register your Partnership

Partner Cannot sue firm: A partner in an unregistered partnership firm cannot sue the firm for enforcing any rights under the Indian Partnership Act, 1932.
Cannot claim Set off in a dispute with a third party.
The firm cannot sue third parties whereas the third parties would be able to sue the firm irrespective of registration.