What is Partnership Firm?

A partnership business is a structure in which two or more individuals manage and operate business in accordance with the terms and objectives of deed of partnership. As per Partnership Act, 1932, "Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. In Partnership, the partners involved have unlimited limited, which means they are personally liable for the debts of the partnership firm.

Benefits of Partnership firms

• Lesser Compliance in relation to Company and LLP
• Suitable for Small and medium enterprises
• Easy to register and manage

What is included in our Package ?

• Drafting Of Partnership Deed
• Application for PAN & TAN Nos.
• Application for GST Registration
• Assistance in Bank Account Opening

Documents/Details

• Unique Proposed Name of Firm
• Copy of Pan card of Proposed Partners
• Copy of Proof of Identity ( Aadhar Card/Voter Id Card/Passport/Driving License)
• Copy of Proof of Residence (Bank Statement/Electricity Bill/Telephone/Mobile Bill-Not older than 2 Months)
• Passport Size photo of All the Proposed Partners
• Mobile No and Email address of all the Partners
• Electricity bill and NOC in case of Owned Premises, and Rental Agreement in case of Rented Premises.

Process

• STEP : 1 Fill our Basic Form
• STEP : 2 Drafting of Partnership Deed
• STEP : 3 Approval from Partners of Partnership Deed
• STEP : 4 Application for PAN and TAN Nos.
• STEP : 5 Application for GST Registration

Deliverables

• Partnership Deed
• Pan Card of Partnership Firm
• TAN No Of Partnership Firm
• GST Registration Certificate