Partnership firm is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed. It is owned, managed and controlled by an Association of People for profit. Partnership firms are relatively easy to start are is prevalent amongst small and medium-sized businesses in the unorganized sectors.
Partnership firms are created by drafting a Partnership deed amongst the Partners and by a registered Partnership deed, Gstup can help you to start a Partnership firm in India.
Wish to start a more formalised Firm? Get to know more on LLP Registration here.
Contents of Partnership Deed:
- The name of the firm
- Name and details of all partners
- Date of commencement of business
- Duration of the firm’s existence
- Capital contributed by each partner
- Profit/loss sharing ratio
- Interest on capital payable to partners
- The extent of borrowings each partner can draw
- Salary payable to partners, if any
- The procedure of admission or retirement of a partner
- The method used for calculating goodwill
- Preparation of accounts of the firm
- Mode of settlement of dues with a deceased partner’s executors
- The procedure to be followed in case disputes arise between partners
GSTUP.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Incorporating a Partnership Firm and registration of Partnership deed is easy, seamless, cheapest and quickest with EbizFiling.com! Apart from a Partnership Firm, GSTUP.com also helps entrepreneurs with Private Limited Company Registration, Public Limited Company Registration, LLP Registration, HUF, One Person Company and Proprietorship Firm Registration easily. You may get in touch with our compliance manager on 07388147521 or email firstname.lastname@example.org for free consultation.
Photograph of all the Partners
PAN Card of all the Partners
ID Proof of all the Partners (Driving License/Passport/Voter ID)
Electricity Bill or any other utility bill for the address proof of the Registered Office
How many directors are required in a private limited company?
A private limited company must have a minimum of two Directors and can have up to a maximum of fifteen Directors. But if you are a sole owner, you can incorporate an OPC as well.
How long will it take to incorporate a Company in India?
It generally takes 8-10 working days to register Private Limited Company in India. The time taken for registration totally depends on the submission of relevant documents by the client and the speed of Government Approvals. To ensure quick and speedy registration, choose a unique name for your Company. The registration fees for the incorporation is inclusive in the package offered to you.
How can I register an Indian Company?
Incorporating a company through Simplified Proforma for Incorporating Company electronically (SPICe plus), with eMoA (INC-33), eAOA (INC-34), is the default option and most companies are required to be incorporated through SPICe only.
What do you mean by Digital Signature Certificate (DSC)?
The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of the proposed Company. Digital Signature application is to be filed to get a DSC.
Can a Foreign National or an NRI be a Director of a Private Limited Company?
Yes, a Foreign National or an NRI can become a Director of a Private Limited Company in India after obtaining Director Identification Number (DIN). However, it may be noted that at least one Director on the Board of Directors must be a Resident India.
Which Cities do you provide Company incorporation services?
Ebizfiling.com provides Private Limited Company incorporation services online across India. You can get your Private Limited Company registered in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur, or any city in India by us.
Have some queries?
ur expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at email@example.com or call us toll free @1800 890 1716. You can whatsapp us on +91.7388 147 521