Partnership Firm

A Partnership is a legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. A partnership, as distinguished from a corporation, is not a separate entity from the individual owners.

The partnership income tax is paid by the partnership, but the profits and losses are divided among the partners, based on their agreement. Partnerships are usually registered with the state in which they do business, but the requirement to register varies from state to state.

• Registration Under

  Indian Partnership Act, 1932

• Time required

  15 Working Days

• Documents Required

  1. Copy of PAN of Partners
  2. Six Photographs of each Partner
  3. ID proof of each Partner
  4. Address Proof of each Partner
  

• Documents Required

  5. Latest two months Bank Statement
  of each Partner
  6. Rental Agreement for place of business
  7. Property Tax Paid Receipt for the place
  of business
  8. Electricity bill for the place of business
  

* Exclusive of taxes and incidental expenses
# Subject to Governmental timelines