Partnership
A partnership firm is formed when two or more individuals agree to carry on a business together and share profits. Registration under the Indian Partnership Act, 1932 is optional but highly recommended for legal enforcement of rights.
Price: ₹ 7,499/-
Timeline : 15 Days
Proprietorship
Benefits
✅ Right to Sue and Be Sued : Only registered firms can take legal action or enforce contract rights.
✅ Legal Enforceability of Partnership Deed : The terms agreed in the deed are legally binding and enforceable in court.
✅ Improved Credibility for Loans and Contracts : Banks, suppliers, and clients prefer dealing with registered firms.
✅ Eligibility for Government Tenders and Subsidies : Registration is mandatory for participation in most official schemes.
Proprietorship
Documents Required
✅ PAN Card of all partners
✅ Address Proof of partners (Aadhar, Voter ID, Passport, etc.)
✅ Firm Name and Address Proof (utility bill, rent agreement, NOC if rented)
✅ PAN Card of the Firm (to be applied separately)
Proprietorship
Deliverables
✅ Partnership Deed
✅ PAN of the Firm
✅ Firm Registration Certificate (if registered with the Registrar of Firms)