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Partnership Firm Registration

Partnership Firm Registration

  • Minimum compliance and quick start.
  • Start a Partnership firm easily with Businessmitra from Rs.3111.

Features and Benefits of Proprietorship Firm

  • Quick and easy start which requires only 4-15 days.
  • Not much legal formalities.
  • Power of association of two or more partners.
  • Partners are jointly and severally liable to profits and losses of the Firm.
  • Minimum compliance to file only GST returns, Income Tax Returns etc. periodically.
  • Tax Audit of the partnership firm is required only when the turn-over of the Firm crosses a defined limit.

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Suitability of Proprietorship Firm

A partnership firm can operate almost all kinds of business viz. Manufacturing Business, Trading (Wholesale and Retail), Marketing, Import Export Business, Service provider business, Work Contract etc.

Applicable registrations and licenses viz. Trademark Registration, ISI Registration, PF and ESI Registration, FSSAI License, Import Export Code, MSME Registration Etc. can also be availed by Partnership firm.

Partnership Firm Registration

Registration of Proprietorship firms is not mandated by the Partnership Act except in special circumstances. However Partnership Firms are registered to avoid legal issues in future. Two or more individuals can start Partnership Firm by simply getting a Partnership Deed and a PAN number in the name of Partnership Firm.

A Partnership deed has all the information related to the name and address of Partners along with their age and shares owned by each Partner, the name and address of the Partnership Firm, share capital of the partnership firm and all other rules and laws of operation of Partnership Firm.

An Individual can open a Current Account in the name of his Proprietorship Firm by simply providing his GST Registration Certificate or Income Tax Return having the Trade Name of the Firm depending upon the norms of the Banks.

The Partnership firm is registered with the Registrar of the firms and the Partnership deed can also be registered.

Documents Required

  1. PAN Card, Aadhar Card, Address Proof and Photograph of Partners.
  2. Address proof of the business premises.

Trademark Registration of Partnership Firm

A Partnership Firm can also enjoy the registration of his Trademark / Brand to stop others from using the goodwill of his Trademark / Brand. Only requirement for the Trademark Registration is the distinctiveness of the Trademark.

Pricing

Silver (Rs. 3111) Gold (Rs.5111) Diamond (Rs. 11111)
  • Drafting and Notarizing of Partnership deed by Lawyers.
  • Application of PAN
  • Rubber Stamp of the Partner of the Firm
  • Drafting and Notarizing of Partnership deed by Lawyers.
  • Application of PAN
  • Rubber Stamp of the Partner of the Firm
  • GST Registration
  • Drafting and Notarizing of Partnership deed by Lawyers.
  • Application of PAN
  • Rubber Stamp of the Partner of the Firm
  • GST Registration Free GST Filing for 6 months

FAQs for Partnership Firm.

Who can start/ open a Partnership Firm?
Any two or more Indian Citizens who are a resident of India can start a Partnership Firm.
Can I start a Partnership Firm if I am salaried person?
Yes you can start a Partnership firm with written approval/ consent of the owner/director of the Organization where you are working.
What is cost and capital required for starting a Partnership Firm?
The cost of required Partnership Deed, registrations and licenses are the only cost involved apart from the capital which is invested in the business. There is no limitation on the minimum capital required to start Partnership Business.
Can I convert my Partnership firm in to Private limited Company after sometime?

Yes there are procedures available to convert your Partnership firm into Private Limited Company but Time-consuming.

What should I do to start a Partnership firm and how Businessmitra will help me in this?
Decide a Trade name by which you want to start your Firm and contact Businessmitra to get help. Lawyers will prepare a customized Partnership deed for you and professionals of Businessmitra will get necessary registrations and licenses applicable to your business and will help you to decide the way of your business.

Why Businessmitra?

Team of professional Experts with ethics.

Businessmitra is honored by the team of experienced CAs, Advocates, CS and other financial and legal professionals each one spirited with client service and professional ethics with decades of practice and reputation.

Customer First Policy.

Our existence depends on our client’s existence and thus taking the view of the same we serve our clients very honestly and efficiently in all respects and drive our clients in a way of permanent growth. After discussion with our clients we analyze and understand our client’s business through their angle and suggest them about the best mode and most economic scheme of the business.

Policy of Basic Necessity.

We follow the principle of Basic Necessity and suggest our clients only those compliances which are utmost required and mandated by law leading to minimum compliances and minimum cost.

Client Education.

We educate our clients about the legal obligations of the business and compliances required to run a particular business in full extent. We help our clients to develop their knowledge about different business modules and related compliances and motivate our clients for timely adherence on the mandatory compliances.

Ease of business.

Our clients are our strength and thus we provide an environment for easy documentation and compliances avoiding complexities of business. Repeated Reminder system (RRS). We feel our client’s responsibility as our responsibility and thus we have put reminder system in place which is delivered by electronic as well as manual sources. And thus we keep our clients updated about the knowledge, information, timeline and limitation of compliances which helps you to avoid un-necessary burdens like fine, penalty etc. If you feel that you are very much engaged in your business and often forget to comply with the timelines, Businessmitra is the best place where you may substantially depend upon for all of your compliances.

Best Registration Consultant in Delhi.

Best Registration Consultant in India.