About This Plan
A firm where the various partners decide the terms and conditions of the business operations and have many legal and compliance angles. This kind of matters are best solved by the Experts. That’s the reason why you should opt for All India ITR’s plan and get your Partnership Firm registered, along with having the required documents handy.
Prices may differ according to your capital during the incorporation. The applicable price shall be informed to you by our tax expert during consultancy.
Services covered under this plan
- Application of PAN
- Drafting of Partnership deed
- Filing of various documents along with deed with the registrar of firms
- Registration certificate will be issued
- Filing of the Affidavit with the registrar
Who can buy this plan?
- A group of minimum two people having a business idea.
- Small business that require resources by multiple people.
- Any existing Partnership firm that is not registered.
How the Plan works?
- Buy the Plan
- Consultation by the All India ITR’s Tax Experts
- Upload the documents in the space provided
- Drafting of Partnership deed
- Application filing with the registrar
- Receipt of the Registration Certificate
- Estimated time of completion is 10 days
Information menu
Documents Required
- Address Proof of the Partners of the Firm
- Photo ID proofs of partners of the Firm
- If the office space is rented, then the rent agreement of the registered office is required
- If the office space is rented, then the no objection certificate from the owner is required
- Stamp paper for Partnership Agreement of State where Partnership firm is to be Incorporated
FAQs
What does a Partnership Firm mean?
A Partnership firm is the one where two partners come together to carry out a business for profit. The partners are the co-owners of the firm and take care of the operations that are governed by the Partnership deed.
Why is registration required for a Partnership firm?
Registration is important as per the Indian Partnership Act, 1932 because it protects the firm and its partners from legal disputes, and enables third parties to take action if needed.
- The partners cannot file a case against the firm or in the other partners if the firm is not registered
- The unregistered firms or its partners can’t file a case against a third party on breach of a contract, but the third party can file a case
- If there is any disagreement with a third party, the unregistered firm or its partners cannot negotiate or claim a set off
When is it suitable to register the Partnership Firm?
It is advisable to register the Partnership Firm either at the time of its formation or subsequently by submitting an application to the registrar of firms in the region.
Is there any guideline on choosing name for the firm?
The firm’s name should not imply government approval unless written consent is provided, and must be distinct from existing business names. It should avoid words like Crown, Emperor, or Empire.
- The names must not be too identical or similar to the name of another existing firm doing similar business.
- The name must not contain words like Crown, Emperor, Empress, or Empire.
Who can incorporate LLP?
A minimum of two partners are required for LLP registration, and any individual or body corporate may be a partner.
Reviews
Excellent work output and the employees display good mannerisms. They are very qualified.
Happy with the services. I will recommend you in my professional network. Cheers.
Easy return filing. Advisors are very helpful and provide full solutions to your queries.
