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Partnership registration involves the formal partnership firm registration online
by its partners with the Registrar of Firms. The partners are required to register partnership firm online with the Registrar of Firms in the state where the firm is situated. As partnership firm registration is not obligatory, partners can opt for registration either at the firm's inception or at any point during its operation.
To undergo partnership registration, two or more individuals must join as partners, reach an agreement on the firm's name, and execute a partnership deed. It's important to note that partners cannot be part of a Hindu Undivided Family or be a husband and wife.
Initiating the partnership firm registration process in Lucknow necessitates thoughtful consideration and expert guidance. ‘My Startup Solution’ stands out as a reliable and excellent guide in this domain, ensuring the smooth realization of your entrepreneurial aspirations. Rely on the best; rely on ‘My Startup Solution’.
The registration of a partnership firm remains discretionary and non-mandatory according to the Indian Partnership Act of 1932. It is entirely at the partners' discretion and is voluntary. Registration can take place during the formation or incorporation of the firm or at any point during the ongoing partnership business.
Nevertheless, it is consistently recommended to register the partnership firm because a registered partnership firm enjoys specific special rights and benefits compared to unregistered firms. The advantages include:
To register a partnership firm with the registrar, the following documents must be submitted:
The fees imposed by the government for the registration of a partnership firm differ from one state to another, contingent upon the contribution of the partners.
Nevertheless, you have the option to efficiently and economically register your partnership firm online by availing of the 'My Startup Solution' Partnership Firm Registration Plan.
*Partnership Firm Registration Plan Cost – ?6,500
The cost of the Partnership Firm Registration Plan encompasses the following services:
The price indicated above is subject to change. For comprehensive pricing details, kindly call at +918795224400 to get in touch with our experts.
A registered partnership deed outlines the rights, responsibilities, profit-sharing arrangements, and other commitments of each partner. This agreement may be oral or written, but it is strongly recommended to document it in writing to prevent potential conflicts in the future.
Essential Information in a Partnership Deed:
The registration procedure for a partnership firm typically spans around 10 days, contingent upon approval from the relevant department and a response from the respective authority.
'My Startup Solution' is a renowned service provider specializing in business registration solutions. With a reputation for excellence, we offer comprehensive services for partnership firm registration, guiding businesses through the intricacies of the process.
When seeking the finest consultant for registering a partnership firm in proximity, consider ‘My Startup Solution’ as your ultimate destination. Opting for our vast knowledge, tailor-made solutions, and unwavering dedication to quality renders them the perfect option for fulfilling your company registration requirements. Avoid tackling the intricacies of registration independently; rely on the proficiency of the professionals at ‘My Startup Solution.’
The advantages of registering a partnership firm include the right to sue partners or the firm for contractual rights, the ability to file suits against third parties, and eligibility to claim set-off in legal proceedings.
The documents needed for partnership registration include the Application for Partnership Registration (Form 1), certified original partnership deed, affidavit specimen, PAN card and address proof for each partner, PAN card and address details of the firm, and evidence of the principal place of business.
The cost of the Partnership Firm Registration Plan by 'My Startup Solution' is ₹6,500. It covers services such as PAN application, drafting of the partnership deed, submission of documents to the Registrar of Firms, issuance of the registration certificate, and includes a consultation with an expert.
A registered partnership deed outlines firm details, nature of business, commencement date, capital contributions, and profit/loss distribution ratio among partners.
The registration process for a partnership firm typically takes around 10 days, contingent upon approval and response from the relevant department and authority.
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