Partnership Firm Registration

Description

Partnership Firm Registration ? Service Page Content

?? What You Will Get

When you order the Partnership Firm Registration service, you will receive:

• Partnership Registration Certificate from the Registrar of Firms (in your state)

• Partnership Deed drafted & formatted, signed by all partners

• Profit-Sharing Ratio & Capital Contribution clauses included in the deed

• PAN & TAN for the partnership firm

• Assistance with proof of business address (rent deed / utility bill / NOC etc.)

• Identity & address verification for all partners

• Passport-size photographs of partners

• Digital copies of all documents (deed, registration certificate, PAN/TAN etc.)

• Guidance via customer dashboard: upload documents & track registration status

?? Process / Timeline

Here?s what to expect ? approximate timeline & process:

(Actual timeline may vary depending on state, document readiness, and local Registrar?s office workload.)

?? Documents Required

You?ll need to provide:

• PAN card or other identity proof of each partner

• Address proof of each partner (utility bills, Aadhaar, passport etc.)

• Passport-size photographs of each partner

• Proof of principal place of business (rent agreement, utility bills etc.)

• Partnership Deed details: firm name, partner names & addresses, profit sharing ratio, capital contribution, duration or term of partnership

• If office is rented, NOC from landlord (if required by state)

• Affidavit or declaration of correctness (optional/depending on state)

?? Benefits of Registering a Partnership Firm

• Legal recognition: gives legal status, allows firm to sue/defend in courts etc.

• Better credibility with clients, banks, vendors etc.

• Ability to enforce contracts and legal rights among partners and with third parties

• Easier to obtain business loans / formal funding etc.

• Lower compliance burden compared to companies: simpler filings, fewer formalities

• Sharing of workload, capital, risk among partners

?? Eligibility / Important Notes

• Minimum of 2 partners required

• Maximum number of partners might be limited by state law (e.g. 20 partners in many cases)

• Registration is optional ? a partnership can operate unregistered, but registration gives legal advantages

• Firm must have a registered office in the state of registration

• Name of the firm should not be identical or too similar to an existing firm in same/fixed area