Partnership Firm

Special package for startups at just

8,000/-

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Features

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    Easy formation
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    Larger resources
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    Better management
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    Sharing of risk
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    Annual filing not required

Deliverables

  • TDS Computation, Payment & Filing
  • Professional Tax Computation
  • GST Computation, Payment & Filing
  • Bank Reconciliation
  • Accounts Receivable Management
  • Accounts Payable Mangement
  • Monthly MIS Reports

Partnership refers to an agreement between persons to share their profits or losses arising on account of actions carried by all or one of them acting on behalf of all. The persons who have entered such an agreement are called partners and give their collective business a name, which is necessarily their firm-name. The entity basically functions on mutual trust and faith among the partners in the interest of the firm. Business of the firm may be carried on by all the partners or any one of them acting for all. According to this, every partner is an agent when he is working on behalf of other partners and he is the principal when other partners act on his behalf. A Partnership is defined by the Indian Partnership Act, 1932, as ‘the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all.

ADVANTAGES

  • Easy Formation
  • Larger Resources
  • Better Management
  • Sharing of Risk

DISADVANTAGES

  • Instability
  • Unlimited Liability
  • Difficulty in transfer of interests

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Process

Stage1: Drafting of partnership deed involves the legal analysis and understanding of the agreed terms of the proposed partners. As this is the basic documents it should be drafted very carefully.

Stage 2: Submit application form to The Registrar Of Firms and obtain Registration Certificate.

After obtaining the Registration Certificate, the entity needs to be classified into Trading or Service Industry.

Obtain:                                                 

Tax Registrations:

PAN Registration

GST Registration – If Applicable

AND

Mandatory Registrations:

  1. Shops & Establishment Registration AND
  2. Professional Tax Registration.

Partnership Firm

8,000/-

Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the registration of a Partnership Firm. We are more than happy to educate you and make your entity registration a hassle free process.

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One Stop Solutions

Get comprehensive services right from preliminary business set-up advisory till necessary business support services.

Seasoned Professionals

Our team comprises of professionals in Company Secretaries, Chartered Accountants, Lawyers and Management.

Quality Service

We deliver high quality services within agreed TAT. Our affordable Pricing includes all agreed Services with no hidden cost.

Legendary Support

All your queries & issues will be promptly addressed by a Single point of contact and delivering qualitative efficient services.