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Partnership Firm Registration

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PARTNERSHIP FIRM REGISTRATION

A partnership firm can be defined as a business entity which involves two or more partners who come together to carry on business activities which have been mutually accepted from both the ends keeping in mind all terms and conditions.
They are ready to bear all profits and losses as per terms and conditions signed from both ends and work for the growth and development of the business and organization.
The agreement is made keeping in mind all terms and signed from all the parties involved in the partnership and this agreement becomes a partnership deed.

Registration Process

Brief description of how to get your Partnership firm registration in India
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how to register partnership firm in india
process of partnership firm registration

1. Contact BIATConsultant

Contact the professionals in India - BIATConsultant for your registraiton of partnership firm in India .

2. Choose name of partnership firm

The first and foremost step is choosing the name of the new partnership firm on which all are mutually agreed.

3.Creating of partnership deed by BIATConsultant expert

The 2nd step is the creation of a partnership deed by an expert keeping in mind all the terms and conditions of the partnership firm.

4. Signing of partnership deed and application filing

The next step involves signing of the partnership deed by the partners after carefully examining and discussing .The next step is filing of the partnership firm registration application number providing all personal and business details in it and thereafter submit it along with partnership deed to the partnership registry office

5. Get Your Partnership Agreement as well as PAN and TAN Apply

The partnership firm will apply for pan and tan and wait for a bid and then on will receive partnership firm PAN for the firm.

FAQ

Common List Of Questioner That Our Customer Ask From Us -Solved !
What the features of partnership firm ?
The partnership firm involves various features being highlighted below -

1] MINIMUM MEMBERS REQUIRED -
There shall be minimum 02 members required for a formation of partnership firm

2] NO EQUAL SHARE OF DUTIES
The partners involved may not share all duties and responsibilities equally

3] INFLOW OF INVESTMENT
The partnership leads to an increase of investment in the business

4] SHARING OF RISK
The risk is being shared in the partnership firms among partners

5] NO SUBMISSION OF ANNUAL REPORTS
It is not necessary to submit the annual reports of business

6] UNLIMITED LIABILITIES
The liabilities is being unlimited to partnership business entities

What are the documents required for partnership firm registration ?
The documentation to be required for the registration of partnership firm[registered firm ] in india are as follows :

A] The application for the partnership firm registration in form number 1 is to be filled .
B] The affidavit being duly filled is required
C] The certified copy of partnership deed on appropriate non judicial stamp paper .
D] The proof of ownership of place of business and rent agreement if applicable .
E] Payment of stamp fee and other payment in the form of demand draft.
What if in case of unregistered partnership firm ?
In case of an unregistered partnership firm , a partnership deed is being formed on the non suitable stamp paper being signed by each of the members of the firm.It is also required to be notarized by notary and from that particular date the partnership firm is deemed to be registered.

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