Partnership Firm REGISTRATION

(Online Process/Free Consultation)

Register your Partnership Firm with Legal Time anywhere in India. Our dedicated team of professionals at Legal Time will help you to register your Partnership Firm.

Partnership Firm Registration

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.

Legal Time 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

It is very easy to open up the Partnership Firm as compare to any form of business.

Two person is needed to become partners of the firm. However, maximum 20 partners are allowed in a firm (10 in banking business)

A minor cannot became a Partner in a partnership Firm.

Cost wise it is very budgeted to start the Partnership Firm.

Closing the partnership is very easy process as compare to other form of business.

Get a free consultation for Partnership Firm Registration by scheduling an appointment with Legal Time.

Why Choose us

1. STARTUP’S FIRST CHOICE

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.

2. TECHNOLOGY DRIVEN PLATFORM

100% Technology driven platform to speed up your company registration process and make your life easy

3. BEST PRICING

We understand the value of money for startups. We offer complete transparency and affordable cost to startups.

4. 100% ONLINE SERVICE

Fully online service so that you can start and complete the process without running around from the comfort of your home or office.

5. EXPERT PROFESSIONALS

At Legal Time, 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

PAN CARD

A self-attested copy of PAN Card of all partners

PHOTOGRAPH

Latest Passport size photograph of all partners

IDENTITY PROOF

Self- attested copy of Aadhar Card and  Voter ID/ Passport/ Driving License of all partners

ADDRESS PROOF

Utility Bill (Electricity Bill) of the place of business

FOR REGISTERED OFFICE

Rent agreement

Utility bills-telephone, electricity, and municipal (Not older than 2 Months)

NOC From Owner.

Post Partnership Firm Registration Requirements?

Trademark/Patent Registration

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.

GST Registration

GST (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.

Stationary

The next step is the printing of stationery such as billheads and letterheads, consisting of the name of the firm.

Get a free consultation for Partnership Firm Registration by scheduling an appointment with Legal Time.

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