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?
More Capital Available
Combined Talent, Judgement and Skill
Diffusion of Risk
What will you get?
LLP Registration with Government
Notarization of LLP Deed
How it's Done?
Duration: The duration for the whole process will be minimum 15 days.
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.
OCapital is the initial amount in cash or kind contributed by the partners to start the business. It is not necessary for each partner to contribute equally to the capital. Contribution is based on the agreement between the parties.