PARTNERSHIP BUSINESS
When a business is owned, managed and running by two or mo re individuals it is called a partnership business and the terms & condition of management, ownership of partnership business written in a agreement which is called “Partnership Deed.”
Now you can get your partnership firm registration just starting from Rs. 1999/- onwards
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- Definition
- Inclusions
- Documents
- Features
- FAQ’S
About Partnership
When a business is owned, managed and running by two or mo re individuals it is called a partnership business and the terms & condition of management, ownership of partnership business written in a agreement which is called “Partnership Deed.”
The partnership business are widely used in India to mange, owned a business by two or more individuals. The partnership is valid if the terms & conditions, ownership are properly written down in agreement and on which the applicable stamp duty must be paid and get registered notarized.
The partnership is governed by Indian Partnership Act, 1932, when the deed is silent on any point or not mentioned in the partnership deed then the provision of Indian Partnership Act, 1932 are applicable to decide.
THE ADVANTAGE OF PARTNERSHIP FIRM
Easy to form a partnership business
Minimum legal compliance
Cost efficient
DISADVANTAGE OF PARTNERSHIP FIRM
- Unlimited liability of partners
- Higher tax liability under Income Tax Act.
- Restriction on maximum no. of partners
TYPE OF REGISTRATION AVAILABLE FOR PARTNERSHIP FIRM
First of all the partnership deed to be draft and printed
Apply for PAN
Get Udhyam Registration under MSME
GST Registration
Business Registration Number (BRN) (in Rajasthan)
Other registration if required
TIME FRAM TO START THE PARTNERSHIP FIRM
Our dedicated team is ready to serve their best efforts in minimum time frame
- The partnership deed drafting will be completed within one day after providing document
- After getting the PAN card the forming of partnership firm will be completed within 3-7 working days according to your type of registration.
The partnership firm registration is now very easy and cost effective at Legalman
Now you can get your partnership firm registration just starting from Rs. 1999/- onwards
DOCUMENTS REQUIRED FOR PARTNERSHIP BUSINESS
Name, address and business activity of proposed partnership firm
PAN, Aadhar card of all partner
Address proof of partnership firm
Basic Registration includes (Rs. 1999)
- Legal draft of partnership deed
- PAN Application
- MSME Udhyam Registration
Premium Registration includes (Rs. 2999)
Legal draft of partnership deed
PAN Application
MSME Udhyam Registration
