Partnership Registration
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Detail Of All Partners & Firm Detail
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Advantages of Partnership Registration
Easy to Incorporate
Incorporation of a partnership firm is easy as compared to other types of business organizations. A partnership firm can be incorporated by drafting a partnership deed and entering into a partnership agreement.
Less Compliances
Partnership firm has to follow much less compliance as compared to a company or LLP. The partners do not require a Digital Signature Certificate that is only required for the directors of the company or the designated partners of the LLP.
Quick Decision
In a partnership firm the decision making process is faster as there is no distinction between ownership and management. All decisions are taken by the partners together, and can be implemented immediately so it so easy method.
Documents for Registration of Partnership
- Application for registration of partnership (Form 1)
- Certified original copy of Partnership Deed.
- Specimen of an affidavit certifying all the details mentioned in the partnership deed and documents are correct.
- PAN Card and address proof of the partners.
- Proof of principal place of business of the firm (ownership documents or rental/lease agreement).