Partnership Firm
A partnership firm is a popular business structure for two or more individuals joining forces to operate a business with shared responsibilities and profits. Our Partnership Registration Services ensure a seamless process, enabling you to focus on building your business.
Why Choose Partnership Firm?
- Easy Formation: Minimal formalities and quick registration process.
- Shared Responsibility: Work with co-partners to share workload and decision-making.
- Flexibility: Simple regulations allow operational flexibility.
- Low Compliance: Less legal compliance compared to corporations.
Our Partnership Registration Services Include:
- Drafting Partnership Deed: Legal document defining roles, profit-sharing ratio, and terms of the partnership.
- PAN and TAN Application: Assist with tax-related registrations for your firm.
- GST Registration: Guidance on obtaining GST for tax compliance.
- Partnership Firm Registration: Register the firm with the Registrar of Firms.
- Bank Account Setup: Assistance in opening a current bank account.
- Compliance Support: Help with yearly filings and compliance updates.
Steps to Register a Partnership Firm:
- Partner Consultation: Understand your business needs and partner details.
- Draft Partnership Deed: Prepare the deed mentioning business terms, partner responsibilities, profit-sharing ratio, and more.
- Document Submission: Submit required documents, including proof of identity, address, and firm address.
- Registration Application: File the partnership deed and application with the Registrar of Firms.
- Firm Registration Certificate: Obtain the registration certificate once approved.
- Post-Registration Services: Help with PAN, GST, and other necessary registrations.
Required Documents for Partnership Registration:
- Partnership Deed
- Identity Proof of Partners (Aadhar Card, PAN Card)
- Address Proof of Partners (Driving License, Voter ID, Passport)
- Business Address Proof (Rent Agreement, Utility Bill, or Ownership Proof)
Benefits of Partnership Registration:
- Legal Recognition: Protects the interests of the partners.
- Tax Flexibility: Tailored tax options compared to sole proprietorships.
- Financial Growth: Pooling resources helps in scaling operations.
- Operational Simplicity: Few regulatory obligations and simple management structure.
