Partnership Firm

In a General Partnership firm, the Partners collectively own and manage the business and share their responsibilities and liabilities with each other. Although considered simpler to set up, each partner has ‘unlimited’ liability [his personal property can be used to settle the liabilities of the Partnership].

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PACKAGES

Basic

1999
Inclusive all taxes


Draft & Execute Partnership Deed

Obtain Firm PAN & TAN

Standard

3499
Inclusive all taxes


Draft & Execute Partnership Deed

Obtain Firm PAN & TAN

GST Registration

Premium

6449
Inclusive all taxes


Draft & Execute Partnership Deed

Obtain Firm PAN & TAN

GST Registration

GST Invoice Software for 1-Year validity

How partnership firm is good business option for my business?

With the synergy of business partner you may boostastonish growth in your business. Forming a partnership deed is a quickest way to wrap up legally all agreed terms among partners such as profit/loss sharing ratio, capital contribution, remuneration, etc and kick start the business formally. Find out more

Our Process

Upload the required documents & information to our web portal

Choose Package and Pay online with different payments modes available

We professionally draft and share the deed for your confirmation

Discussion over the telephone with legal expert

Help in execute partnership deed on stamp paper.

Apply PAN and TAN of Partnership firm

Documents Required

Identity Proof

Aadhar Card, Driving License, Election Id Card, Passport

Nature of Business

Address of Business

Capital Contribution

Highlights

Concept

Partnership firm is a business form in which 2 or more individuals can join hands to do business.

Easy Formation

Partnership firm can be easily & quickly registered in comparision to other form of business.

Low Cost Registration

As comparison to other business form, cost of registering partnership firm is very low.

Tax Benefit

More Tax Saving as compare to sole proprietor business form.

Sharing of Risk

Individuals having same business goal can form and share risk & rewards.

Compliances and Disclosure

Least compliance & disclosure required as compare to other business form.

frequently asked questions

View Questions

  • Q. What is partnership firm?
  • The partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. It is one of the quickest ways to form a legal entity where a group of 2 or more can do a business.
  • Q. How much stamp duty attract on my partnership firm deed ?
  • The amount of stamp duty is determined by two factors 1) capital contribution by partners 2) the state in which you are planning to form your partnership firm
  • Q. What is the legal proof of partnership firm?
  • A signed and notarized Partnership deed drafted on appropriate value of non-judicial stamp paper is the conclusive evidence of the partnership firm
  • Q. Can i name my partnership firm whatever i want?
  • Yes, you can name whatever you want however that business name is not secured under laws from being copied. We advise you to incorporate LLP if you want to protect your business name
  • Q. Is the liability of the partners limited in partnership firm?
  • No, In order to discharge the liabilities of the partnership firm all partners are jointly and severally liable to repay all the business liabilities.
  • Q. Do i need to register my partnership firm with state authority ?
  • It is optional to register your partnership firm with state authority. However unregistered partnership firm can do business same as a registered partnership can do. If you really want to register your business under government records it is better to form an LLP to save time & cost and restrict your liability
  • Q. Do you provide this service in my town?
  • Yes Finten India is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done
  • Q. Do I need to physically present for the process?
  • No, You don’t need to be physically present for the process, Finten India is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India

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