THINGS YOU SHOULD KNOW ABOUT PARTNERSHIP REGISTRATION


I have discussed about the company registration process and steps involved in it in the earlier blog and now I would like to tell you about the partnership registration. It’s nothing but one of the categories to register your company or a firm it doesn’t matter whether it’s a private limited or public limited company.

A Partnership Firm is a popular form of business constitution for organizations that are possessed, overseen and controlled by an Association of People for profit. Partnership firm is moderately simple to begin they are prevalent among small and medium sized organizations in the chaotic sectors. With the introduction of Limited Liability Partnerships in India, Partnership Firms are quickly losing their predominance due to the additional advantages offered by a Limited Liability Partnership.

In India we register the Company or Firm in Partnership under the Indian Partnership Act 1932. You can register more than one partner in the company to enlist partnership registration. The requirement to register the partnership Firm or Company –

  • ID proof of all the Partners - Voter ID or DL or Passport
  • One Partnership Deed between the partners which show the share of each partners
  • One electricity bill or water bill of office premises.
  • NOC from the landlord of the premises.
  • Name of the company and nature of business.
     There are two kinds of Partnership firms, registered and un-registered Partnership firm. It isn't necessary to enlist a Partnership firm; in any case, it is advisable to enlist a Partnership firm due to the additional advantages.  Partnership firms are made by drafting a Partnership deed among the Partners and India Filings can help begin a registered or un-registered Partnership firm in India.
Contact us for more details: www.pearlaccountants.org  or Call us: 9895212229





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