Pricing
- Simple partnership deed drafting, PAN/TAN application – Rs. 3000/-
- Partnership deed drafting, partnership registration with registrar PAN/TAN application – Rs. 8500/-
Partnership Firm
A Partnership is collaboration between two or more persons to carry on a business together.Persons who have entered into partnership with another person are called as partners.Partnership firms are incorporated by drafting a partnership deed between the partners.
A partnership firm is not a separate legal entity in itself. A Partnership firm is governed by the provisions of the Indian Partnership Act’1932 and can be either registered or unregistered.
Advantages of a partnership firm
| Easy to start fting and signing a partnership deed among the partners. |
Easy Dissolution A partnership firm can be easily dissolved by drafting a dissolution deed. |
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| Minimum legal requirements A partnership firm is not subject to minimum legal requirements like a company or an LLP. There is no audit requirement upto a turnover of Rs. 1 crore. Also, the accounts are not required to be filed annually with the registrar. |
Business Name The name of a Partnership firm is not registered, a Partnership firm can have any name as long as it does not infringe on a registered trademark. |
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Partnership firm registration process
- Drafting partnership deed (2-3 working days)
- Registration of partnership deed (optional) (15-20 working days)
- PAN/TAN application (1-2 working days)