Partnership Firm at the best Price
We have already registered 10K companies in India!
LLP with Government- LLP Deed
- Notarization of LLP Deed
Get in Touch
Partnership Firm
Basic Information
To start a Partnership business, partners need to enter into an agreement which is popularly known as Partnership Deed. Different states impose stamp duty on the partnership deeds, it means while creating a partnership instrument (Deed) the partners must purchase stamp paper of appropriate value to be annexed with the agreement which is further be notarized. To bring more credibility to the document which is admissible under the law without any doubt the same can be registered as a document by filing the same before the registrar of documents. Minimum 2 person is needed to become partner of the firm. There is no minimum capital prescribed.
Why choose Partnership Firm?
Easy Formation- More Capital Available
- Combined Talent, Judgement and Skill
- Diffusion of Risk
- Tax Advantage
How it's Done??
- Complete our Query Form
- Submit your documents
- Deed draft
- GSTIN Number
Documents to be submitted?
ID Proof (PAN Card)- Address Proof 1(Voter ID/Passport/Driving License)
- Address Proof 2(Electricity Bill/Telephone Bill/Bank Statement)
- Aadhar Card
- 2 Photographs of each partners
What will you get?
- LLP Registration with Government
- LLP Deed
- Notarization of LLP Deed
Frequently Asked Questions
Partnership is an agreement between two or more people to share the profits of a business. The business can be carried on together by all the partners or any one partner representing the others. A partnership can be for a fixed period of time or it may be limited to a specific project or it may be dissolved at will.
- There must be an agreement between two or more persons.
- The agreement must be to share the profits of the business.
- All partners together, or any one, on behalf of the others must carry on the business.
The Partnership Act does not prohibit a non-citizen from joining an Indian partnership firm, subject to necessary clearances and permissions from satisfactory authorities in this regard.
Initial Capital Contribution is the initial amount in cash or kind contributed by the partners to start the business. Each partner doesn't need to contribute equally to the capital. Contribution is based on the agreement between the parties.
It is not compulsory for a partnership deed to be in writing. Partnerships can also be oral.
Partners must be major (above the age of 18), should be sane and should not be disqualified by law from entering into a contract.
Yes, a partner can transfer his interest in the business to an outsider, but only with the consent of all other partners.
A partnership firm can be dissolved in any of the following ways:
- By agreement.
- By compulsory dissolution.
- On the happenings of certain events.