Partnership is a traditional form of business constitution for businesses that are owned, run and organise by 2 or more than 2 People for profit. Partnership firms are relatively easy to start are is prevalent amongst small and medium sized businesses in the unorganized sectors. With the introduction of Limited Liability Partnerships in India, Partnership Firms are fast losing their prevalence due to the added advantages offered by a Limited Liability Partnership.
There are two types of Partnership firms, registered and un-registered Partnership firm. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages. Partnership firms are created by drafting a Partnership deed amongst the Partners and TaxAdvizer can help start a registered or un-registered Partnership firm in India.
Partnership Start-up | Drafting of Partnership Deed | Partnership Deed registration | Obtaining PAN & TAN |
TaxAdvizer will help you to start a Partnership firm in 5 to 10 working days. | TaxAdvizer Team will understand your business need and requirement and will draft the Partnership deed according to your mutual agreement among the Partners. | Based on your requirements, Our Team will help you register the Partnership Deed with the relevant authorities to make the Partnership a Registered Partnership Firm. | Based on the information the PAN and TAN application will be filed to the relevant authorities. |