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Partnership Firm Registration
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Partnership Firm Registration
Partnership firm Registration is a business Form in which two or more individuals control and Handle a business in line with the terms and objectives set out in the Partnership Deed. It is owned, managed and controlled by an Association of People for profit. Partnership firms are quite easy to start and common between small and medium-sized businesses in the unorganized areas.
Partnership firms are created by drafting a Partnership deed amongst the Partners and by a registered Partnership deed, TAXMATE can help you to start a Partnership firm in India.
Want to start a more formalised Firm? Get to know more on LLP Registration here.
Contents of Partnership Deed
- The name of the firm
- Name and details of all partners
- Date of commencement of business
- Duration of the firm’s existence
- Capital contributed by each partner
- Profit/loss sharing ratio
- List ItemInterest on capital payable to partners
- The extent of borrowings each partner can draw
- Salary payable to partners, if any
- The procedure of admission or retirement of a partner
- The method used for calculating goodwill
- Preparation of accounts of the firm
- Mode of settlement of dues with a deceased partner’s executors
- The procedure to be followed in case disputes arise between partners
Documents Required for Partnership Registration
- Self-attested Colour Copy of Aadhaar card of partners
- Self-attested colour copy of PAN of partners
- Rent Agreement / Consent letter from Legal Owner
- Passport size photos of all partners
- Firms Name
- Nature of Business
- Unique Mail id & mobile Number of all partners
- Ratio of Partners
- Name of the managing Partners
- others
Taxmate is a renowned business platform and a Growing concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Incorporating a Partnership Firm and registration of Partnership deed is easy, smooth, cheapest and quickest with Taxmate.co Apart from a Partnership Firm, Taxmate also helps entrepreneurs with Sole Proprietors, HUF, OPC Registration, LLP Registration, Private Registration, Public Limited Company Registration, easily. You may get in touch with our compliance manager on 9966644632 / 9966643242 or email : info@taxmate.co for free consultation.
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