Partnership Registration

Partnership could be registered or unregistered. Partnerships are ideal for small business in the unorganised sector having multiple promoters.

  • Eligibility – Partnership firms can be started in India by a group of Indian Citizen. Partnership registration can be unregistered based on a deed or registered with deed through the Registrar of Firms.
  • Compliance – Eennydeal Consultants offers a comprehensive business accounting and income tax return filing service for partnership firms.

A Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and goals set out in the PartnershipDeed. Partnership registration is relatively easy and is prevalent among small and medium sized businesses in the unorganized sectors. Partnership Registration is done through Eennydeal Consultants.

For Partnership Registration, you must agree on a firm name and then establish a partnership deed. It is a document stating respective rights and obligations of the partners and to be valid it should be written and not oral. The terms of the Partnership Deed can be varied to suit the interests of the partners and can even be made contrary to the Indian Partnership Act, 1932 but if the Partnership Deed is silent on any point, then the provisions of the Act would apply

There are two types of Partnership firms, registered and un-registered Partnership firm. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages. Partnership firms are created by drafting a Partnership deed amongst the Partners and Eennydeal Consultants can help start a registered or un-registered Partnership firm in India.

Eennydeal Consultants is the market leader in company registration services in India, offering a variety of company registration like private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration , Producer Company Registration and Indian Subsidiary registration. The average time taken to complete a proprietorship registration is 3 – 5 working days, subject to government processing time and client document submission. Get a free consultation for proprietorship registration and business setup in India by scheduling an appointment with an Eennydeal Consultants Advisor.

Choose proprietorship because

  • Relatively Inexpensive.
  • Minimal Compliances.
  • Easy to establish.
  • Audit not required.

Documents Required for Proprietorship Registration

  • Copy of PAN Card of partners
  • Copy of Aadhaar Card/ Voter identity card
  • Proof of ownership or rent/lease of the location of your business.(e.g. Electricity Bill/ Water Bill or Rent/Lease/Leave and Licence Agreement of Business Place)
  • Notarised True copy of the Partnership Deed stating the following : The firm-name , The nature of business of the firm, The place or principal place of business of the firm, The names of any other places where the firm carries on business, The date when each partner joined the firm, The names in full and permanent addresses of the partners, The duration of the firm

About The Author

Leave a Reply

Your email address will not be published.

Related Posts