A Partnership Firm is a collaboration between two or more individuals who agree to share the profits of a business operated by all partners or any one of them on behalf of the firm. The individuals are referred to as partners, while the collective entity is called a firm. Partners can be categorized into active partners, sleeping partners, and nominal partners.
Although registering a Partnership Firm is not mandatory, it offers legal benefits and professional recognition. Additionally, registering the firm's trademark protects its identity and prevents unauthorized use by others.
Registration grants the partnership firm legal status, allowing it to operate with greater credibility and authority.
A registered firm can initiate legal proceedings to enforce its rights or recover debts, providing added protection in business dealings.
Partners in a registered firm can safeguard their interests through legally enforceable agreements and enjoy enhanced protection under the law.
Registering the firm and its trademark secures its identity and prevents others from misusing its name or Registered firms gain professional recognition, enhancing trust among clients, investors, and financial institutions. brand.
Aadhar / Voter ID / Driving licence / Passport
The Address proof of the partners along with the Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.
Partnership deed is an agreement between the partners which deals with all the details regarding their business, sharing of profit, loss, capital, types of partner etc
The photos of the respective partners should submit for the clarification and proof of the concerned person.
The PAN card of the respective Partners and designated authorities of the firm.
Digital signature is the electronic signature format of the partners for the purpose of e-filing the register of your firm.
No objection certificate by the owner / landlord must be enclosed.
Passport of the partner is required in case of any Non Resident Indian (NRI) / Foreign National partners.
Yes with the relevant documents of the concerned partner.
No, without partnership deed firm cannot be registered.
No , registration is mandatory to sue to third party.
No, without registration right to sue is not available.
No, registration is not compulsory but registration provide you legal rights.
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