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Partnership Firm Registration Online Process in India

Partnership Firm Registration Online Process in India

Online Partnership Firm Registration Process in India

Like registering your firm as a sole proprietorship, registering for a partnership firm is also quite simple. Although partnership firms can be registered and non registered both, it is advisable that you register to gain the most benefit out of it. In a partnership, two or more people join each other and plans to work together. Which firm will get more benefit depends upon how much share it has in the partnership.

If they are equal partners then the profit will be divided between them equally. Also if partnership firms are not registered they can not avail of benefits. Partnership Firm Registration India can be done at NeuSource India limited. A partnership firm can be applied under the partnership act of 1932.


Here are some of the key features of registering for a partnership firm
?    It can be easily formed: The only thing one needs to start a partnership firm is the will and requirement to do it. There is no legal procedure to start the firm hence it is quite easy. 
?    Lean on the partnership for a while: If a firm has insufficient balance then the personal properties of partners can be used to complete the business requirements.
?    Flexibility: In partnership, partners will react to the new opportunities and changes whereas this will not be done in large organizations. This gives quicker growth in the business.

So what are the benefits of registering for a partnership firm?

online payment of stamp duty on share certificates
?    Tax advantages: Well here is an advantage for partnership firms. The tax applied to a partnership firm is lower than the other business forms.
?    Risks: In case if a business sees loss than not only one person will bear the consequences. The loss will de split in partners which makes it easier for all the partners of the firm.
?    Business continuity: A partnership business can continue even if the former partner is not there anymore, in case of bankruptcy, etc. But an agreement must be drawn which includes new partners and their share in the partnership. 
So in every way choosing a partnership firm is beneficial for you in terms of both work and finances. And the plus point is that there are no complex legal procedures for it. Here is the list of P
artnership firm Registration Process

?    Partnership deed: Although it can be oral, it is suggested that you get it to avoid problems between partners in the future. It is created on a judicial stamp paper for rs 2000. And it needs to be signed by all partners. 
?    PAN card of all partners
?    Address proof of all partners
?    Pan card of the firm
?    Address proof of the firm
?    An affidavit certifying that all the information in the partnership deed and documents is correct.

Partnership Company Registration, Mumbai, Hyderabad, Lucknow, Bangalore all are welcome. All documents should be made and produced when registering for a partnership firm.  The online partnership firm registration Process fees is Rs 4,999. Which includes deed drafting, PAN card, TAN no. allotment, and notarization. 
Now you know how easy and cheap it is. Also, it comes with a lot of benefits and advantages.

Neusource Startup Minds is the Best  Business Startup Consultant in India, Offer various services like Proprietorship Firm Registration, Partnership Firm Registration, OPC Registration and more services like Annual Compliance for Company and GST Compliance OPC Compliances Packages

17 Dec

NeuSource Startup
Akash Rai

"Any time is a good time to start a company.” Neusource indulge in providing business consultancy services which help startups to accomplish their desired results as a TAJ EXPRESS. If you’re passionate about something and you work hard, then neusource is the right choice for you.

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