How to Get Partnership Firm Registration in India?

Posted by Enterslice on May 15th, 2019

Are you looking for the partnership firm registration in India? Well as the registration of partnership firm is extremely simple and easy, you need not to worry about anything. If you are going to register for the first time, then you can take help from the below section. It will let you understand the registration procedure completely.

Know about Partnership Firm Registration

Partnership Firm is the most popular form of business constitution for the businesses, which owned, controlled, and managed by the association of the people majorly for profit. A partnership firm is the business entity in which a minimum of two people manage and operate the business according to objectives and terms set out in the partnership deep. The partners are supposed to share both profit and loss. Additionally, they are responsible for all kinds of liability.

Under Indian Partnership act 1932, the rules and regulations for the partnership firm registration have been controlled and maintained. This form of business is the most common and demanded in the Indian business market. With two persons, you are able to start your business upon performing partnership firm registration.

In India, partnership registration is carried out under the section 58 of the Indian partnership act by filling the application to registrar in the same location (state) where the head office is located. When it comes to doing partnership registration, you have to follow several points.

Are you thinking about how to do partnership firm registration? Well, follow the below mentioned procedure carefully.

Process of Partnership Firm Registration

Here is the complete procedure you have to follow the partnership firm registration in India and achieve your goal.

1. Under partnership form of corporate, you have to file the application with the required details such as the name of your firm, partnership details, the placer of business, full name & address of the business, and duration of firm. Upon completing, every partner should verify and sign the application.
2. Bear in mind that minimum partners should be at least two and a maximum of 100. Additionally, ensure the name should not conflict with any Government department or company, trust name, society, and religious symbol.
3. Ensure you have attached the following documents and enclosed prescribed fees with the registration application

• You should submit the application for registration under the prescribed form 1.
• Attach the duly filled specimen of affidavit along with certified partnership deed copy
• Submit the documents such as proof of place of business, partnership deeds on the stamp paper with the notarizes, TAN & PAN of the partnership, and others

If you find any difficulty in Partnership registration firm while using these steps, then you can seek help from the professionals who do this service on behalf of you. They will help you complete the registration procedure easily and quickly.