The first step is deciding a business name, Once name is decided the terms of partnership must be made into a DEED. Contact Clearbiz for more information , lets discuss in detail and get your firm running
Partnership is one of the most common business structures in India Simply put, it is a group of people working together to achieve a common business objective. The members are called partners, and the business is called a partnership firm. Although an oral agreement is possible, the terms of the agreement between the partners are usually recorded in the partnership deed because they have greater legal enforceability
The first step is deciding a business name, Once name is decided the terms of partnership must be made into a DEED. Contact Clearbiz for more information , lets discuss in detail and get your firm running
Minimum 2partners are required to form a partnership firm
Deed where the capital is within Rs 500 is Rs 50 Partnership deed in other cases is Rs 300.
GST registration is necessary if business turnover exceeds 40 lakhs for Goods or Rs 20 lakhs for services. To know more please contact our team today
The entire process from drafting the deed to registering will take a week or two
According to the Indian Partnership Act 1932, a partnership can be formed by an oral agreement or a written agreement. If the partnership is registered but not registered with the registrar of the company, it is considered to be an unregistered partnership.
Registering your partnership with the Registrar will provide greater protection in the event of a dispute with third parties.
Entrust your Partnership Registration process with experts from Clearbiz and experience the benefits of professional guidance and a seamless process. You can enjoy peace of mind while we care of all the statutory requirements
Below are a few things to be kept in mind while forming a partnership firm