New Startup - Partnership Firm Registration

Features of Partnership

 

• Partners: There is minimum of two partners

• Responsibility: Partners may or may not have responsibility of the business

• Liability: Partners are personally liable for the business, including all debts and liabilities of the other partners

• Annual Returns : Not necessary to submit

• Risk: As per partnership deed

• Low Tax liabilities

• Easy to start with minimum registration process

Documents required for registering Partnership

 

• Voter ID/Passport/Driving License of proposed partners

• 2 Photographs of proposed partners

• PAN Cards of proposed partners

• Proof of registered office i.e. Latest Electricity Bill and Rental Agreements  / Sale deed

• Application for partnership firm registration in the prescribed Form – I and Thumb Impression form.

• Certified copy of the Partnership deed on appropriate non-judicial stamp paper.

 

What we include for along with partnership firm registration

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• Our support in Name finalization

• Drafting of partnership deed

• Submitting Application with Registrar of Firms

• Get Firm Registration Certificate

• PAN / TAN application for the firm

• MSME  Registration

 

Statutory Compliances for Partnership firm

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• GST Compliance

•  Income Tax Return filing

• TDS Returns

• Drafting Financial Statements

• Tax Audit compliance

• Accounting & Bookkeeping

 

How do you approach R2B?

 

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