Overview of Partnership Firm Registration
To set-up, a Partnership Firm in India, partnership firm registration is not necessary however it is always advisable to register a partnership firm to avail the legal benefits which cannot be availed in case the partnership firm is not registered. Partnership Firm registration is the complete discretion of partners.
Package Inclusions
- Drafting of Partnership Deed
- Notary and Stamping of Partnership Deed
- Filling of Partnership Firm Registration Form
- Filling of PAN application for Partnership Firm
What is Partnership Firm
Partnership Firm is the most suitable type of business structure as it is very easy to form, and a minimum of two people are required to form a Partnership Firm online. In a Partnership firm, there are very minimal compliances in comparison to other business entities.
In simplified language, we can say that partnership creates a relationship between two or more people who have agreed to carry on a business for profit, and these people are known as partners.
Enterslice is India’s leading platform in providing professional legal services through an online platform, and our team of professionals can make the Partnership Firm Registration process quick and hassle-free.
Features of Partnership Firm Registration
- Minimum two persons are required
- Responsibilities and duties are shared among the partners of the Company
- Easy to set-up as partnership firm registration is optional
- Minimal legal formalities
- Fewer Compliances
- A minor cannot become a partner
- Flexibility in decision making
- Inexpensive to establish
