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Partnership Firm



Just fill the form and register A Partnership Firm

Get Draft Partnership Deed, Partnership Firm PAN, GST Registration Number & MSME UdyogAAdhar Registration in 2-3 working days

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Overview

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Partnership is one of the oldest legal concepts of doing business. When two or more person wants to do business and wants to bind each other with legal boundaries, create a firm called partnership. Under Partnership, all partners specify their responsibilities, liabilities, objectives and other conditions required to execute the business activities. Unlike Limited Liability Partnership firm, under partnership Firm, the liability of all partners remain unlimited. Partners have to execute an agreement on stamp paper that is called Partnership Deed. It's optional to register a partnership deed with the court. Normally, General Partnership Deed can execute the purpose of business.
Advantages of Partnership Firm

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1. It's easy to start a partnership firm.
2. It’s a separate entity under Income Tax and GST Law for taxation purposes.
3. Partnership Firm has separate PAN number
4. Partnership Firm can take GST registration in Partnership Firm’s name
5. Partnership deed is an agreement between partners specifying responsibility, liabilities, objectives and other conditions require to execute the business activities.
6. Partnership Firm need not to register with Court. It's optional to get it registered with Court.
7. All the partners are bound to execute business activities as specified in the Partnership Deed.
8. The liability of Partners remains unlimited.
9. A partner of the firm can be liable for any activities done by other partner/ partners.
10. There is no major compliance such as required under Private Limited Companies or One Person Companies or Limited Liability Partnership.
Checklist

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For registration of a Proprietorship Firm, we make sure the following requirements have been fulfilled:



1. There should at least two people.
2. The person should have a PAN card.

• The age of individuals should have more than 18 years old.



Steps for Registration

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1. First of all the required Documents have to provide the team of Suresoft. All the documents should be self-attested and can forward soft copy through the mail.
2. Our professional team shall review the documents and shall prepare a partnership deed.
3. A draft Partnership Deed shall be shared with you for your verification and confirmation. In case of any suggestion/ or recommendation, shall be considered after vetting the legal consequences.
4. Prepare Final Partnership Deed.
5. Apply for PAN Number in the name of partnership firm.
6. Support in opening bank account for partnership firm.
Required Documents

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1. PAN No of all partners
2. Photos of all Partners
3. Address proof such as electricity bill or Bank Statement of all Partners

Address Proof


1. such as rent agreement or electricity bill of Business Place
2. Objective of the Business
Here To Help

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Partnership Firm Registration can be done through Sure Soft, a professionally managed company, having workplace all over India Including Delhi NCR, Uttar Pradesh, Uttarakhand, Mumbai, Bengaluru, Chennai, and other Indian cities. If you wish to work as a Partnership Firm, can contact us at [email protected] Our Professionally skilled team shall assist you with procedures and formalities to execute the same. You can clear your doubts associated with Partnership Firm and other information with our specialist.
Services provided by SureSoft

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Sure soft shall provide the following services:


• Preparation of Partnership Deed
• Allotment of PAN Number
• Registration of Partnership Firm with Income Tax
• Support in opening of Bank Account
• 15 days support for Execution of Business
FAQ

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  • 1. Whether we have to visit Office of SURE SOFT for documentation and other related works ?
    No, it's a 100% online process. You have to provide all the documents through mail. You are not supposed to visit the Office of sure soft. No Physical presence of Directors/ Shareholders required.
  • 2. At which Location SURE SOFT providing services of Incorporation ?
    SURE SOFT is one of the leading service providing firm. It is providing service in all over India. Sure Soft can be registered/ incorporate a private limited Company, any State in India.
  • 3. How much time taken for registration of Partnership Firm ?
    In case all documents provided in proper order, your Partnership Firm shall get registered in 3 working days only.
  • 4. What is the minimum Capital required for registration of a Partnership Firm ?
    There is no minimum capital requirement for the registration of a Partnership Firm. A person can invest the amount as he deemed sufficient for running his business.
  • 5. What is the Maximum Limit of share Capital investment in a Partnership Firm ?
    There is No limit of Investment as share capital in a Partnership Firm.
  • 6. What is the Minimum Partners Requirement for registration of a Partnership Firm ?
    Minimum two (2) Partners required for registration of a Partnership Firm.
  • 7. What is the limit of the Maximum Number of Partners in a Partnership Firm ?
    There is no limit to the maximum number of Partners in a Partnership Firm.
  • 8. Whether the Partner of a Partnership Firm can transfer its capital to others ?
    A Partner can transfer its part of Capital to its known through the private channel only. They can not freely move their shares to the public, like public companies.
  • 9. Can a Partnership Firm work all over the World ?
    Yes, a Partnership Firm can work all over India and also all over the World.
  • 10. Is it a difficult task to registered a Partnership Firm ?
    No, You should feel it's a child's play to registered a Partnership Firm with the team of SURE SOFT. Sure soft has dedicated technical and professional in-house team, and you should get registration of a Partnership Firm in 3 working days only.
  • 11. Whether a Partnership Firm is Govern through any Law ?
    A Partnership Firm is the most popular legal form of registering its business in India. A Partnership Firm governs with Partnership Act, 1932.
  • 12. Whether the family members can be Partner of a Partnership Firm ?
    Yes, the family members can be Partner of a Partnership Firm.
  • 13. What statutory Requirement to be completed after registration of a company ?
    After registration of the Partnership Firm one has to open a current bank account. He can also apply for Registration under Shop Establishment Act and MSME registration
  • 14. Can a Partnership Firm have to take Office on Rent or can be registered at home address ?
    A person can register his Partnership Firm either from the rented Office or from his house.
  • 15. Are there any other hidden charges ?
    No, it's inclusive of Tax.