Partnership Registration
To establish a partnership company, the companions want to go into right into a partnership deep. The deed must preferably be in writing and get it notarized. The registration of the company isn’t mandatory, however, strongly recommended.
Starting From ₹ 4999
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Pricing & Packages
Take your business to the next level! Superior services!! Proven results!!
Basic
Beginners & Freelancers
₹ 5000
- Partnership Deed Drafting
- Udyog Aadhaar Registration
- GST Registration
- Pan Card
- DCS ( Class - 2 )
- GST eway Bill Software
- Business Current Account
- Online Payment Gateway
- 24/7 Mail Support
Standard
Enterprise & Professionals
₹ 6500
- Partnership Deed Drafting
- Udyog Aadhaar Registration
- ISO Registration
- GST Registration
- TAN Registration
- 3 Months GST Return Filing
- Pan Card
- DCS ( Class - 2 )
- GST eway Bill Software
- Business Current Account
- Maintenance of Books of A/c
- Online Payment Gateway
- 24/7 Mail Support
Premium
Office & Digital Agencies
₹ 9999
- Partnership Deed Drafting
- Udyog Aadhaar Registration
- ISO Registration
- GST Registration
- TAN Registration
- IT Return Filing
- 6 Months GST Return Filing
- Pan Card
- DCS ( Class - 2 )
- GST eway Bill Software
- Business Current Account
- Maintenance of Books of A/c
- Online Payment Gateway
- 24/7 Mail Support
Key Features & Benefits
Take your business to the next level! Superior services!! Proven results!!
Easy to Form
The only requirement to start a Partnership Firm in most cases is a Partnership Deed. Therefore, it is relatively easy to train. The legal formalities associated with incorporation are minimal. However, registration of a partnership is desirable, but not mandatory.
Flexibility
Partnership Business activity is flexible. Partners can easily appreciate and react quickly to changing conditions. No giant business organization can be so quick and ready to respond to new opportunities.
Unlimited Liability
If the assets of the company are insufficient to meet the liabilities, the personal assets of the shareholders, if any, can also be used to meet the liabilities of the company.
Tax And Compliance's Advantage
Partnerships Business are pass-through tax entities. Taxation rates and compliance’ applicable to partnership companies are less than the opposite kind of business.
Diffusion of Risk
In the case of partnerships, the company’s losses are shared by all shareholders according to agreed profit sharing ratios. Therefore, the share of loss in the case of each shareholder will be less than that in the case of proprietorship.
Continuity of Business
A partnership cannot be made in perpetuity. The death, retirement, bankruptcy, insolvency or insanity of one of the partners will lead to the dissolution of the partnership. The remaining partners can continue the partnership if they wish, but a new agreement must be concluded between the new partners or the remaining partners.
Process of Proprietorship Registration
Easy registration, different schemes, and no future compliance’s
Choose name for a partnership
Draft a Partnership Deed
Apply for a PAN Card in the Partnership Name
File a Registration Application
Submit the Documents
Finalize the Deed
Certification from the Registrar.
Documents Required For proprietorship registration
Increase credibility with more flexibility
For Partnership Details
- One name of partnership
- Main object details
- Capital investment details
- Profit sharing ratio
For Partners (min 2 person)
- The copy of pan card
- Self –attested copy of identity proof (voter card, passport, driving license)
- Self-attested copy of address proof (bank statement, mobile bill, telephone bill, electricity bill not older than 2 months)
- Photograph of all partners
- Passport (in case of foreign national / NRI)
- Email id and phone no.
For Address Proof (registered address)
- Utility bill for registered office address of the partnership, such as electricity bill or property tax bill
- For rented property ( rent agreement )
- Any other documents as required by registrar (in the case of registration)
FAQ's
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No, it’s not necessary to register a partnership. However, it is suggested to urge the firm registered to offer it a legal identity. Annual compliance’ are necessary regardless of the registration standing of the Partnership Business.
A minimum of 2 Person is required to start a partnership and a maximum can be 20. Many small businesses are started as a sole proprietorship by the owners and much later turned into another entity just to protect the owner from be personally responsible for the future of the company creditors.
A partnership company can be launched with any amount of less capital.
According to the contractual act, it is not essential to have a written agreement. However, it is always prudent to pass a Partnership Deed to be produced to third parties with whom the partner company has concluded a contract in the same way as banks, the tax authorities, customers, etc.
A Partnership Business can be established for a particular business task. One person could also enter into a partnership with another for a single business. The duration of the undertaking can be for the completion of a specific project or for a certain period or at will.