Partnership Registration

Documents Required for Partnership Registration

  • 1. PAN ( Permanent Account Number) of all Partners (Minimum 2)
  • 2. Address Proof ( Voter Id, Passport, Driving License, Aadhar Card) of all partners
  • 3. Latest passport size Photographs of all partners
  • 4. Registered Office Address Proof – Electricty Bill along with Rent Agreement / ownership proof of proposed registered office.
  • 5. Copy of Mobile bill, telephone bill, electricity bill or Bank Statement of all directors / promoters with Present address (could be different from permanent address).

ADVANTAGES OF PARTNERSHIP

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.
Since the name of a Partnership firm is not registered, a Partnership firm can choose to have any name – as long as it does not infringe on a registered trademark. However, since the name is not registered, any other person can also use the same business name unless trademark registration is obtained.
A Partnership firm is not required to file its annual accounts with the Registrar each year unlike a Limited Liability Partnership or Company. Limited Liability Partnership’s and Company’s are required to file their annual accounts with Registrar of Companies each year.

FREQUENTLY ASKED QUESTIONS

The Partner must be an Indian citizen and a Resident of India.
There is no limit on the minimum capital for Partnership Registration. Therefore, a Partnership can be started with any amount of minimum capital.
Yes, you can, but this is a very time consuming and expensive procedure. It may be better to close the partnership altogether and then start afresh as an LLP or Private Limited Company.

Upfront Pricing, Simple Plans, & Superior Service


5499/Only Per/Year

Basic

  • Basic partnership deed drafting by a Lawyer.
9499/Only Per/Year

Standerd

  • Partnership deed drafting by a Lawyer along with deed registration.
12499/Only Per/Year

Premium

  • Partnership deed drafting by a Lawyer along with deed registration & Sales Tax Registration.