Contact Us

Math Captcha 24 ÷ = 3

START MY PARTNERSHIP FIRM – IN JUST RS 1999

WHAT IS PARTNERSHIP FIRM

The members of a partnership Firm may enter into a written contractual agreement, but such formality is not necessary. Generally, to determine whether a partnership existed, a court will ask whether there was a sharing of profits and losses, joint administration and control of the business, a capital investment by each partner, and common ownership of property. The court will also examine the intent of the parties.

Partnerships are governed almost exclusively by state law—tax concerns and jurisdictional issues are the only notable exceptions.

Payment Plan

ADVANTAGES OF PARTNERSHIP FIRM

iconCAPITAL

Due to the nature of the business, the partners will fund the business with start up capital. This means that the more partners there are, the more money they can put into the business, which will allow better flexibility and more potential for growth. It also means more potential profit, which will be equally shared between the partners.

iconFLEXIBILITY

A partnership is generally easier to form, manage and run. They are less strictly regulated than companies, in terms of the laws governing the formation and because the partners have the only say in the way the business is run (without interference by shareholders) they are far more flexible in terms of management, as long as all the partners can agree.

iconSHARED RESPONSIBILITY

Partners can share the responsibility of the running of the business. This will allow them to make the most of their abilities. Rather than splitting the management and taking an equal share of each business task, they might well split the work according to their skills. So if one partner is good with figures, they might deal with the book keeping and accounts, while the other partner might have a flare for sales and therefore be the main sales person for the business.

iconDECISION MAKING

Partners share the decision making and can help each other out when they need to. More partners means more brains that can be picked for business ideas and for the solving of problems that the business encounters.

DOCUMENTS REQUIRED

We will require following documents

    • Copy of PAN card of all Partners
    • Copy of Address proof ( Voter Id / Passport / Driving License) all Partners
    • Passport size photo of Partners
    • Latest Electricity Bill/ telephone bill or Rent agreement with NOC of Owner of Business Premises
    • Latest Bank Statement of all Partners

WHAT WILL BE PROVIDED

iconPAN Card

iconPartnership deed

PROCESS

  • Partnership Registration will take a time of 7-10 days.
  • Require all the information and name along with complete details of Partners
  • Drafting of Partnership deed
  • Signing of Partnership deed by all Partners
  • Registration of Partnership deed.
  • Obtaining PAN AND TAN

FILE YOUR INCOME TAX RETURN - Start from Rs 499 *

Company Registration & GST Registration

Company Registration & GST Registration