Partnership - Company Registration

Persons who have entered into partnership with one another to carry on a business are collectively called as a “Partnership Firm” individually called “Partners “. A partnership consists of three essential elements.

  • A partnership must be a result of an agreement between two or more individuals.

  • The agreement must be built to share the profits obtained from the business.

  • The business must be run by all or any of them representing the rest.

Registering a Partnership is the right choice for small enterprises as the formation is straightforward and there are minimal regulatory compliances.

The Partnership Act has been in existence in India since 1932, making partnerships one of the oldest types of business entities in India. A partnership firm can even be registered after it is formed. There are as such no penalties for non-Registration of a Partnership firm. But unregistered Partnership firms are denied certain rights under section 69 of the Partnership Act that majorly deals with the effects of non-Registration of Partnership firms.

Documents Required

The application for the Partnership registration form must include the prescribed documents like the Identity proof, address proof, a real copy of the Partnership deed entered into and the proof of the Principal place of business.

Any of the following documents can be submitted as identity proof and address proofs.

• PAN card
• Passport
• Driver License
• Aadhar Card
• Voters ID

Proof of Business premise can be established by submitting the following documents:

• Sale Deed in case if the Partner owns the place
• Rental agreement copies if the office is on rental basis
• Copy of the latest electricity bill or the tax bill receipt

BASIC

iNR 7,899

Partnership deed

Stamp Paper Purchase

GST Registration

LEDGERS accounting software

GST eWay Bill Software

Business Current Account

Domain Registration (example: www.agc.com/in/org)

sTANDARD

iNR 9,899

Partnership deed

Stamp Paper Purchase

GST Registration

LEDGERS accounting software

GST eWay Bill Software

Business Current Account

Online Payment Gateway

3 Month GST return filing

Domain Registration (example: www.agc.com/in/org)

PREMIUM

iNR 14,899

Partnership deed

Stamp Paper Purchase

GST Registration

LEDGERS accounting software

GST eWay Bill Software

Business Current Account

Online Payment Gateway

3 Month GST return filing

Trademark Filing

Domain Registration (example: www.agc.com/in/org)

1. Stamp paper purchase support. Stamp duty
charges payable by client on actuals.

2. Business Current Account and Payment
Gateway powered by ICICI Bank Limited. Subject to terms and conditions of ICICI
Bank Limited.

 * Charges applicable extra for Partnership Firm registration with
Registrar of Firms of the respective states. This is an optional process after
partnership firm documentation
.


Updated on 12/07/2021