Partnership Firm Registration

Partnership Firm Registration

Why Choose Us

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  •  Free Evaluation for your project
  •  24x7 customer service
  •  Privacy protection
  •  Transparency in work

  • 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

  1. General Partnerships
  2. 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
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
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
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
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
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

Cafe VSB
Two Shef
Shahid Enterprises
Modicare
Meatigo
Malabar Coco
Iqbal And Sons
Genesasis
Fruits Of Earth
Elista
Abott
Arista
CRX
Dr Lal Chandani

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