Partnership Firm

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Description

“Partnership” is the relation between two or more persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have agreed to enter into partnership are called individually, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.

Partnerships in India are governed by the Indian Partnership Act, 1932. As per the Partnership Act

Checklist for Firm Registration

  • Minimum 2 Partners
  • No Capital Requirement

Documents for Firm Registration

Identity Proof of Partners

  • Copy of Pan Card of Partners (Mandatory)
  • Passport Size of Photograph of Partners
  • Identity Proof: any one of: Voter id card, Driving License, Passport

Address Proof of Partners

  • Any one of: Bank Statement, Electricity Bill, Mobile Bill (not older than 2 months)

Proof of Registered office

  • Copy of Pan Card of Partners
  • Passport Size of Photograph of Partners
  • Address Proof: any one of: Bank Statement, Electricity Bill, Mobile Bill.
  • Identity Proof: any one of: Voter id card, Driving License, Passport
  • Registered office Proof: Electricity bill with Noc from the owner. (not older than 2 months)

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