Apply Online For Partnership Registration for Your Business firm
Apply Online For Partnership Registration for Your Business firm where two or more people share ownership For fairly simple to establish and run
What Is Partnership?
A partnership is a form of business where two or more people share ownership (Profit/Loss), as well as the responsibility for managing the company and the income or losses the business generates. It can be generated on stamp paper.
Why Choose Partnership?
A partnership, as opposed to a corporation, is fairly simple to establish and run. No forms need to be filed or formal agreements drafted (although it is advisable to write a partnership agreement in the event of future disagreements).
Advantages of Forming a Partnership
Collaboration
Tax advantages
Simple operating structure
Flexibility
Acquisition of capital
Disadvantages of Forming a Partnership
Conflict with partners
Authority of partners
Unlimited liability
Vulnerability to death or departure
Limitations on the transfer of ownership
Documents Required
- PAN ( Permanent Account Number) of all Partners (Minimum 2)
- Address Proof ( Voter Id, Passport, Driving License, Aadhar Card) of all partners
- Latest passport size Photographs of all partners
- Registered Office Address Proof – Electricity Bill along with Rent Agreement/ownership proof of proposed registered office.
- Copy of Mobile bill, telephone bill, electricity bill, or Bank Statement of all directors/promoters with Present address (could be different from permanent address).
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