Partnership Firm Registration

When more persons come together, with different edges and start business and pool their capital and skills and organize a business, it is called partnership. Partnership Firm is a form of business where at least two or more person work together with the motive of sharing profits and Losses.

A partnership firm is a firm where two or more liable individuals manage and operate the business in order to achieve a commonly shared objective. In a partnership firm, all the partners are held personally liable for the debts of the firm. The main features of a partnership firm are the easy setup, minimal compliance requirements and optional registrations. These features make partnership firm a sensible option for some businesses especially home or small businesses.

Legal Brother’s has a team of experts in partnership firm registration for pan India locations. You may contact us to get your partnership firm registration in Delhi, Mumbai, Bangalore, Kolkata, Kanpur, Bareilly, Lucknow, Kanpur, Ghaziabad, Ludhiana, Faridabad, Meerut, Varanasi, Srinagar, Amritsar, Allahabad, Chandigarh, Bareilly, Moradabad, Gurgaon, Aligarh, Jalandhar or any other cities in India.

Why Needed: Reasons & Benefits

The Features and benefits of a Partnership firm registration are:

Easy to Start

The firm can be started by simple deed execution and application of PAN card.

Minimal compliance

General Partnership Firms need to file Income taxes returns and GST returns if applicable.

Comparatively inexpensive

A General Partnership is cheaper not only in starting it but even over a long-term.

Documents Required

• PAN Card

Individual PAN card of all desired partners.
Note: In partnership firm separate PAN cards will be applied after the execution of partnership deed.

• Address Proof

Aadhar card / Voter IDs / Passport or any form of address proofs are required of each desired partner.

• Business Address Proof

For business address proof we need Electricity bill, rent agreement or any other government utility bill and No Objection Certificate (NOC) incase of rented property.