Partnership Firm Company Registration in Tamil Nadu

A Partnership Company happens when there are two or even more members willing to get in to a legal and formal accordance, looking forward to bring out an organization. The Partnership Act of 1932 regulates the existence of Partnership Companies in two different forms, both registered and non-registered. It is one of the earliest forms of legal units that does not require to be registered. No penalties shall be imposed on non -registration of such firms but it is always better to get them registered in order to avail certain rights and benefits from the government.

Benefits of Partnership Firm Company Registration in Tamil Nadu

• There is an impression of ownership in the minds of the partners.
• The functioning of the firm can be transferred between the partners. There is immense flexibility in doing so. This ensures the burden is divided among the members.
• Since the compliances are very few, it is the easiest to set up. All you have to do is get the documents ready and relax.
• The process and turmoil of raising funds is spared in a Partnership Firm. In comparison to Proprietorship Companies, they can raise funds easily.
• The accountabilities and duties are shared between the partners.
• Ultimately, the profit and revenue are also shared between the partners ensuring unbiased business set up.

The Process simplified

The Partnership Firm Company Registration process is as simple as registering the other forms of Companies.

We will assign a professional consultant to assist you throughout the entire process. The consultation call gives us an idea of your expectations and caliber. You will then be required to submit relevant documents. Our consultant will keep you notified of it. Meanwhile, a unique name representing the quality and functioning of the company is selected. This is followed by the drafting and submission of a Partnership deed. It is signed between the partners involved and to be submitted to the Registrar of Companies. After applying for PAN and TAN, we will check if you need MSME/ GST registration and comply with the needs. The submission happens next and you will receive the registration certificate shortly.

Documents Needed to Register

The Identity proofs of the partners, like the Aadhar or Voter ID

If the space occupied by the office is owned either of the partners, a sale deed is required. If it is a rented space, a rental agreement from the landlord is required. Any of the utility bills from the office is essential.

Why is it easier with us?

SV Consultant offers all the above services at a rate that you will never have to bargain. Right from drafting the agreements and filing the forms to rectify and identify the ideal plan for you to launch your Company, we deem it our duty. The meticulous response and assistance from us will help you reach your dream destination of a business owner in the quickest time possible. So, book your slot to get directed by the best consultants in Tamil Nadu.