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.
Submit your documents to us
We will draft your partnership deed and apply for PAN & TAN
You will receive PAN copy physically at your address
We will apply for GST Registration in the name of the firm
We will send you the GST registration certificate
Get GST registration Free
Election id card
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