Partnership

Documents Required
- PAN Card
- Aadhaar Card
- Voter ID Card
- Partnership Deed
- Proof of Business location
- Proof of capital contribution by partners
Partnership
Partnership Registration including GST and Udyam Registration.s
Basic
All Inclusive-
Partnership Registration
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Firm PanCard Registration
Full Services
12 Months-
Partnership Registration
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Full Year Accounting
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Full Year GST Return
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Income Tax return
Features
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- Affordable Price
- Experienced Team
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Partnership Registration
Partnership registration in India involves the following steps:
1. Choose a business name: Select a unique name for your partnership firm.
2. Create a partnership deed: Draft a legally binding agreement outlining terms, conditions, and roles of partners.
3. Obtain PAN and TAN: Get Permanent Account Number (PAN) and Tax Deduction and Collection Number (TAN) for the firm.
4. Register with the Registrar of Firms (ROF): File the partnership deed and other documents with the ROF in the state where the firm is located.
5. Obtain registration certificate: Receive the registration certificate from the ROF.
6. Get GST registration: Register for Goods and Services Tax (GST) if the firm’s annual turnover exceeds ₹40 lakhs.
7. Open a current account: Open a current account in the firm’s name for business transactions.
8. Obtain other licenses: Obtain any additional licenses or registrations required for specific business activities.
Documents required:
– Partnership deed
– PAN and TAN applications
– Identity and address proof of partners
– Address proof for the registered office
– Capital contribution proof
Fees:
– Registration fee (varies by state)
– Stamp duty on the partnership deed (varies by state)
– GST registration fee (if applicable)
Timeframe:
– 7-10 days for PAN and TAN
– 10-15 days for registration with the ROF
– 2-5 days for GST registration (if applicable)
Note: The process and fees may vary depending on the state and specific circumstances. It’s recommended to consult a chartered accountant or lawyer for guidance.
Overview
Partnership Registration in India
FAQ
Frequently asked questions.
A partnership is a business structure where two or more individuals come together to operate a business with a common goal. Each partner contributes to the business and shares its profits and losses.
Registering your partnership provides legal recognition, enhances credibility, helps in resolving disputes, and makes it easier to obtain loans and business licenses. It also protects your rights as a partner.
The primary documents required include:
- Partnership deed
- Identity proof of partners (Aadhar card, PAN card, etc.)
- Address proof of the business
- Photographs of partners
- Any other documents as specified by the registrar
A partnership deed is a legal document that outlines the terms and conditions of the partnership. It includes details about the partners, profit-sharing ratios, responsibilities, and other operational aspects of the partnership.
To register a partnership, you need to:
- Draft a partnership deed.
- Apply for registration at the local Registrar of Firms.
- Submit the required documents along with the application form.
- Pay the registration fee.
While it is not mandatory to register a partnership in India, it is highly recommended. An unregistered partnership may face challenges in legal disputes and may not be eligible for certain legal protections.