Partnership Firm Registration

All it takes to set up a partnership company is two people. Partnership firm registration in any state of South India is now easier than you think. Partnership Act1932, has validated and regulated the existence of two major types of Partnership Firms namely, Registered and Unregistered. Though the two are capable of functioning on their own, an unregistered Partnership company has a few setbacks. But if you are a bunch of budding entrepreneurs who run an unregistered partnership firm, do not fret! You can get your firm registered any time.

The Perks of Owning a Partnership Firm

The partners share responsibilities. No one person gets caught in any shortcomings of the organization. Just like how the profit is the right of every partner involved in the business, the loss is the responsibility of every partner. The partners sign a deed where they agree to own up to any duties and responsibilities in the running of the firm.

There are no hard and fast rules on setting up a partnership program. It is just two or more people coming together to start up their dream venture. It has minimum to no compliances. The tedious processes of acquiring DSC and DIN are not a part of the procedures involved. There is flexibility in the functioning and operation. Either of the partners can decide their work set up, financial decisions and ethics. The deed signed demands the consent of all the partners involved. The decisions can be quick and random but with the consent of all the partners, they can be altered any time. The time, objectives and outcomes are pre -defined in the contract. This ensures proper and meticulous work done. After the defined time is over, the partnership stands dissolved. The access to raise funds from different sources is an interesting attribute of Partnership registration. This helps in financial tranquility for a long run.

Registration made easy with SV Consultant

All you have to do is get all the following documents of each partner involved, ready

PAN Card of the partners Address proof of the firm Address proof of the partners NOC from the landlord (if the business place is rented)

The Process Simplified

• An executive from SV Consultant will give you a clear idea on the whole process.
• All your self -attested documents will be forwarded for verification
• A partnership deed will be drafted by our team
• The partners will confirm the content of the deed
• Authorization of the deed will be done
• Application for PAN and TAN is done
• Certificate of registration is issued finally
• And all these in just a matter of 10 days is possible with SV Consultant!