PARTNERSHIP FIRM REGISTRATION PROCESS
Drafting of Partnership Deed
Execution of Partnership Deed
Application for PAN
Start your Business
Starting from Rs. 1999/- only (All inlusive)
A partnership firm is a group of two or more persons to run a business. Persons who have entered into partnership with one another to carry on a business are individually called “Partners“ and the organization formed with partners is called “Partnership Firm”. Partnership firm is regulated by Partnership Act, 1932. As Private limited company has separate legal entity from its members, partnership firm has no separate legal entity distinct from its members.
Formation of partnership firm is easy. As any two persons capable of entering into contract can start partnership firm. Simple a written agreement called partnership deed is required to form a partnership firm.
Registration of partnership firm is not mandatory. Non-registration of partnership firm does not attract penalties. But it is advised to Register a Partnership firm as per law to avail legal rights.
Compliance cost of Partnership firm is low as compare to private limited company and LLP.
Like formation of partnership firm is easy. It is also easy to dissolved the partnership firm. Partnership firm can be dissolved on death or insolvency of any partner. No legal formalities are required.
500+ Company Registrations
100+ Start-up started
500+ Satisfied clients