PARTNERSHIP FIRM REGISTRATION
(Online Process/Free Consultation)
Register your Partnership Firm with Team Expert anywhere in India. Our dedicated team of professionals at Team Expert will help you to register your Partnership Firm.
WHAT IS PARTNERSHIP FIRM REGISTRATION?
Partnership firm represents a business entity that is formed with a purpose of making a profit from the business. Two or more parties come together with a formal agreement (known as Partnership Deed) to own and manage the business. The risk and responsibilities are shared amongst the partners that shred the burden of an individual partner. Also, when two comes together, more capital and expertise are combined that helps to reach the business goal(s) easily.
In simplified language, we can say that partnership creates a relationship between two or more people who have agreed to carry on a business for profit, and these people are known as partners.
Team Expert is India’s leading platform in providing professional legal services through an online platform, and our team of professionals can make the Partnership Firm Registration process quick and hassle-free.
PARTNERSHIP FIRM REGISTRATION PROCESS IN INDIA
STEP 1: SELECTION OF NAME
The name of the partnership firm should be cross-checked with the trademark registry to avoid any infringement of someone else Trademark or brand name.
STEP 2: DEED DRAFTING
Deed of Partnership is the constitution of the firm which determines the relationship of partners among themselves as well as the relation of partners with the firm.
STEP 3: DEED NOTARY
The Partnership Deed must be well drafted, and the signature of the partners be made on the agreement in the presence of witnesses before a Notary
STEP 4: FIRM REGISTRATION
The signed partnership agreement along with the KYC of partners and premises proof is filed with the concerned Registrar of Firms, for its registration.
BENEFITS
1: Ease of Formation
It is very easy to open up the Partnership Firm as compare to any form of business.
2: Minimum Two Partners
Two person is needed to become partners of the firm. However, maximum 20 partners are allowed in a firm (10 in banking business)
3: Minor Cannot Become A Partner
A minor cannot became a Partner in a partnership Firm.
4: Budgeted
Cost wise it is very budgeted to start the Partnership Firm.
5: Closure
Closing the partnership is very easy process as compare to other form of business.
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WHY CHOOSE US
We ensure startups to focus on their project and leave all the legalities and documentations to us. From our technology driven platform and on time delivery startups prefer us to do Company registration.
100% Technology driven platform to speed up your company registration process and make your life easy
We understand the value of money for startups. We offer complete transparency and affordable cost to startups.
Fully online service so that you can start and complete the process without running around from the comfort of your home or office.
At Team Expert, we work only with experienced Chartered Accountants & Company Secretaries to handle your company registration.
REQUIREMENTS
MINIMUM TWO PARTNERS
NO FDI IS ALLOWED
NO MINIMUM CAPITAL
UNIQUE NAME
DOCUMENTS REQUIRED
PHOTOGRAPH
Latest Passport size photograph of all partners
PAN CARD
A self-attested copy of PAN Card of all partners
ADDRESS PROOF
Utility Bill (Electricity Bill) of the place of business
IDENTITY PROOF
Self- attested copy of Aadhar Card and Voter ID/ Passport/ Driving License of all partners
FOR REGISTERED OFFICE
Rent agreementUtility bills-telephone, electricity,and municipal(Not older than 2 Months)NOC From Owner.
Post Company Registration Requirements?
Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.
Goods and Service Tax registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states) GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.
Trademark and Patent gives protection from infringement and duplication. With this, competitors cannot affect your brand and market value. The logo provides protection under the Trade Marks Act 1999
The next step is the printing of stationery such as billheads and letterheads, consisting of the name of the firm.
OUR BEST SERVICES
Company Registration
Goods and Service Tax registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states) GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.
TRUST REGISTERATION
A Trust can be created by execution of trust deed: There are Two types of Trust. A Public Trust is Created for the benefit of general Public.
STARTUP INDIA REGISTERATION
Register your company in Startup India in 8-10 working days. Our dedicated team of professionals at Team Expert will help you to register your Company in Startup India