Procedure for Applying
Fill Information
We will love to know about your company in our eazy to fill forms.
Make Payment
Select the product as per your need and proceed to payment.
Mail Documents
Our Experts will assist you with any queries about documents.
Sit Back and Relax
Our passionate team will process your application in fastest time.
Partnership Registration Process
Document Preparation
Our legal expert will call you and will assist you with the documents and name selection for your new firm
Preparation of partnership deed
A partnership deed is prepared with the consent of all partners on the stamp paper as per the laws of the particular state.
Application Filing
Our experts will prepare all the applications and file it with the authority and you’ll be ready to kickstart your partnership firm.
Follow Up
We’ll follow up with the government departments. This makes sure that your application is processed and is on top of their priority. We’ll also help in answering any query that they have. We’ll keep you updated on the same.
Documents required for partnership
Documents Required
- Passport size photographs
- Aadhaar and Pan card
- Documents of the registered premises
- Details of the partnership business
Types of Partnership
- Unregistered Partnership
- Registered Partnership
The difference between these two is that the latter is registered with the Registrar of Firms (ROF).
Benefits of registered partnership
A registered firm can file suits
If a firm is not registered, then it cannot enforce its claims against a third party in the court of law. Neither it can file a case against any of its partners.
The partners can file the suits
Partners of a registered partnership firm can file suits against each other or even against the outsiders. Partners of an unregistered firm cannot sue the firm to enforce their claims. They cannot even file a suit against each other.
Trust Building
Suppose a new partner is being introduced. Before joining the firm, he can get all the required information from the registrar’s office and he will be more confident about joining the firm.
Even the third parties who are interested in dealing with the partnership firm can get information about the firm from registrar’s office.
Partner Retirement is easy
What this means is that, in case of a registered partnership, when any partner is retiring he does not have to give public notice of his retirement. The retiring partner can retire peacefully after informing the registrar about his retirement.
LLP vs Partnership
Liability
In LLP the partner’s responsibility is limited to the capital he contributed and in case of a future loss, his personal assets are safe.
Compliance
It is compulsory to file the annual return to “Ministry of Corporate Affairs” in case of a LLP
Cost of Starting
A normal partnership can be started at around 3920 Rs. whereas a LLP can cost up to 8900 Rs.
Frequently Asked Questions
- 1. Is it necessary to register a partnership firm ?
-
No , its not necessary to register a partnership firm. Though if registered it offers certain benefits.
- 2. How many partners can be there ?
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Minimum : 2
Maximum in case of Banking business : 10
Maximum in case of Other business : 20
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Flat 51% OFF
On Partnership Registration
Processing Fees
₹8000
₹3920
You're All Set!
We'll get in touch with you within 24 hours.
For Faster response drop us a mail at
info@starteazy.in
Keshav Agarwal,
Cofounder, StartEazy Consulting