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Partnership Firm

What is a Partnership Firm

  • Governed by the Partnership Act, 1932
  • Minimum two partners
  • No restriction on maximum number of partners (but capped at 100 as per Companies Act)
  • No separate legal status for the firm and its partners.
  • Partnership agreement must be on stamp paper as per state regulations
  • Registration is advisable but not mandatory

Incorporation Process

  • Draft the partnership deed and sign the agreement
  • Register the partnership deed
  • Apply for PAN & TAN

Our Services

  • Support and advisory for business needs after formation
  • Accounting, taxation, GST, Import Export Code, Legal Entity Identifier
  • Professional charge: Rs. 5,000 (excluding stamp duty & registration, charged as per actuals with govt. invoices; no hidden charges).