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Partnership Firm Registration

Get your Partnership Firm Registered with Startup India 4U with just one call with the help of our experts.

NOTE: Excluding Stamp Paper & Notary

Package Includes

Name Registration

Drafting Partnership Deed

Certificate of Registration

Importance of Partnership Firm Registration

A partner can sue against any partner or the partnership firm for enforcing his rights arising from a contract against the partner or the firm. In the case of an unregistered partnership firm, partners cannot sue against the firm or other partners to enforce his right.

The registered firm can file a suit against any third party for enforcing a right from a contract. In the case of an unregistered firm, it cannot file a suit against any third party to enforce a right. However, any third party can file a suit against the unregistered firm.

The registered firm can claim set-off or other proceedings to enforce a right arising from a contract. The unregistered firm cannot claim set off in any proceedings against it.

Documents Required

Address Proof copy of all the partners

PAN card copy of the partners

Photo ID proof of partners, Voter ID or Passport or License

Copy of rental agreement or no objection certificate with latest utility bill (not older than 1 month) in the name of owner from the owner of the property

Details Required for Partnership Deed

Name and address of the firm and all the partners.

Nature of business.

Date of starting of business Capital to be contributed by each partner.

Capital to be contributed by each partner.

Profit/loss sharing ratio among the partners.

Duties and obligations of all partners.

Interest on capital invested, drawings by partners or any loans provided by partners to the firm.

Salaries, commissions or any other amount to be payable to partners.

Rights of each partner, including additional rights to be enjoyed by the active partners.

Adjustments or processes to be followed on account of retirement or death of a partner or dissolution of the firm.

Other clauses as partners may decide by mutual discussion.

Checklist for Registering a Partnership Firm in India

Drafting of Partnership Deed.

Minimum two members as partners.

Selection of appropriate name.

Maximum of equal to or less than twenty partners.

Principal Place of business.

PAN card and bank account of the firm.