Partnership Firm

Lower legal compliance requirement
Others Price @6,600
Total Save Cost4,101

Free Consultation

Partnership Firm

A Partnership Firm is a popular form of business constitution for businesses that are owned, managed and controlled by an Association of People for profit.Partnership could be registered or unregistered.  Low costs, ease of setting up and minimal compliance requirements make it a sensible option for some, such as home businesses that are unlikely to take on any debt.

Benefits

Shared responsibility and ownership among partners

Lower legal compliance requirement

Flexibility in operations and administration

Tax advantages over other forms 

Requirements

Minimum 2 partners

Registered office address in India

The object of the business should be to earn profit. the object cannot be charitable.

Procedure For Partnership Firm Registration

Submit your documents to us

01

We will draft your partnership deed and apply for PAN & TAN

02

You will receive PAN copy physically at your address

03

We will apply for GST Registration in the name of the firm

04

We will send you the GST registration certificate

05

Get GST registration Free

06

Documents Requirements

Identity proof

Aadhar card

Driving license

Election id card

Passport

Address of business

Nature of business

Capital contribution

Why Us?

Experience team

Data safety

No physical visit hence saves time

CA/CS/Lawyer assistance

Lowest fees guaranteed

Startup friendly

Package

Choose your plan
Package Includes
Prices
Partnership Firm Package
Premium
CA consultation fee
Partnership deed drafting
PAN number
TAN number
Lawyer consultation
GST registration free

Frequently Asked Questions

The 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. It is one of the quickest ways to form a legal entity where a group of 2 or more can do a business.

The amount of stamp duty is determined by two factors 1) capital contribution by partners 2) the state in which you are planning to form your partnership firm

A signed and notarized Partnership deed drafted on appropriate value of non-judicial stamp paper is the conclusive evidence of the partnership firm

Yes, you can name whatever you want however that business name is not secured under laws from being copied. We advise you to incorporate LLP if you want to protect your business name

No, In order to discharge the liabilities of the partnership firm all partners are jointly and severally liable to repay all the business liabilities

It is optional to register your partnership firm with state authority. However unregistered partnership firm can do business same as a registered partnership can do. If you really want to register your business under government records it is better to form an LLP to save time & cost and restrict your liability