Partnership Firm is the most popular business type wherein two or more person join together to start a business at agreed profit sharing ratio by simply preparing a Partnership deed on non judicial stamp paper. Partnership Firm in India is governed by Indian Partnership Act 1932 and Partnership Deed is the important document here. Partnership is easy to form, and the compliance is minimal as compared to companies and LLP. There 2 types of Partnership Firm – A) Registered Firm and D) Un-registered Firm. The Act does not require the Partnership Firm to be registered with Registrar of Firm or Any other Competent Authority authorised to Register Firm.
Documents required:
- All Proposed Partners Name, Email ID and Mobile No. with ID/Address Proof
- PAN Card Copy of all partners
- Address of Firm Office and any Telephone/Mobile/Electricity Bill as proof of address
- Each Partner’s Capital Contribution amount
