Partnership Firm Registration

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The partnership not created by status- the relationship of partnership derives from the contract and not from status
The maximum number of members cannot be more than one hundred (100)
Property of the firm is to be considered as the property of an individual
Creditors of a partnership are creditors of individual partners
A partner cannot contract with his firm
A partner cannot transfer his share and make the transferee a member of the firm without the consent of the other partners
Unlimited liability
The death or insolvency of a partner dissolves the firm unless otherwise provided

Registration Process is different from state to state, the aforesaid process is for Delhi

Form no- 1 duly filed with Rs. 3 court fee stamps affixed on it
An attested copy of the Notarized or Registered Partnership Deed on Non-Judicial Stamp Paper equal to 1% of the capital amount introduced with a ceiling of Rs. 5000/-
An attested copy of proof of ownership in respect of the principal place of business as well as other additional places of business
NOC cum Affidavit Attested copy of Rent Agreement
Attested copy of residential proof of all the partners
All the above documents are to be submitted before the registrar of firms of the area in which the business is located
After inspection of documents, Register of Firms issue Certificate of Partnership

The cost of affidavit and the stamp duty, along with the consulting charges may range between Rs.2,500 to Rs.5,000.

Pan card and Aadhar card/Voter id/Passport of each partner
Partnership deed
Ownership of Place of Business (any one of the following)
Property paper/Rent Agreement
Electricity bill
Water Bill
House Tax Receipt
Affidavit

Introduction

A partnership is a legal arrangement where two or more individuals agree to combine their financial resources and managerial expertise to run a business and share profits in an agreed ratio.

As per section 4 of the Partnership Act, 1932 “Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into a partnership with one another are called individually, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.

Types of Partnership

General Partnerships
Limited Liability Partnerships

Characteristics of General Partnerships

The partnership not created by status- the relationship of partnership derives from the contract and not from status
The maximum number of members cannot be more than one hundred (100)
Property of the firm is to be considered as the property of an individual
Creditors of a partnership are creditors of individual partners
A partner can not contract with his firm
A partner cannot transfer his share and make the transferee a member of the firm without the consent of the other partners
Unlimited liability
The death or insolvency of a partner dissolves the firm unless otherwise provided

How We Do It

Enquiry

A customer may leave his/her contact number on the Contact Us form in our website, visit our office or call us on the IVR number given on the website

Dedicated Manager

Once the new customer is logged in, a dedicated manager is allotted to provide a personalized service to our esteemed patrons.

Application Submission

Once the required documents are provided to us, we complete the documentation in no time and apply online/offline to the particular Authority.

Regular Update

At each stage and during the application processing, till the end to end delivery, we keep our clients posted on a regular basis.

Service Delivery

It is our constant endeavor that our esteemed patrons do not have to wait for the final service delivery and with minimum cost.

Our Clients

Testimonials

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Kathy Fang, Manager (Zhengzhou)

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Dr. Arjan Lal Chandani, Director (Dr. Lalchandani labs)

I found Metacorp as a Pollution Consultant, and I had a great time working with them. I received my licence quickly, and the most remarkable part is that they value professional ethics.

Sandeep Singh, CEO (Blot Exim Pvt.Ltd)

As a startup, I was always concerned about our legal compliance, but now that I'm engaging with Metacorp, I'm able to concentrate on my primary business concerns.

Aishwarya Dhall, Founder (Gosarojni.com)

I'm amazed with Metacorp, especially the way these guys reminded you on time to meet your compliance deadline.

Selvey Raj, Manger, VSB Studio