Ideal for Small-Medium Sized Businesses
Starting At Rs. 2,199 + registration fees
SAVE 40% COST..!!!
(Takes 2-8 days)
LLP Registration Online
Procedure For LLP Registration
You can operate your business under a Limited Liability Partnership in India online. We hold immense knowledge and expertise in LLP registration and help you in the following ways.
Complete our Partnership Form
You are required to fill the details in our simple online questionnaire and submit documents.
Verification of Documents
For further procedures, details provided by you will be verified by our experts.
Partnership Deed Drafting
Further after submitting your documents we shall draft your Partnership deed.
Apply for TAN & PAN
We will create all the required documents and file them with ROC on your behalf.
What is Partnership Registration ?
A Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and goals set out in the PartnershipDeed. Partnership registration is relatively easy and is prevalent among small and medium sized businesses in the unorganized sectors. Partnership Registration is done through Legalraasta.
For Partnership Registration, you must agree on a firm name and then establish a partnership deed. It is a document stating respective rights and obligations of the partners and to be valid it should be written and not oral. The terms of the Partnership Deed can be varied to suit the interests of the partners and can even be made contrary to the Indian Partnership Act, 1932 but if the Partnership Deed is silent on any point, then the provisions of the Act would apply.
Choose Partnership because
- Partnership registration is very easy.
- Partnership registration is inexpensive as compared to LLP.
- It has minimum compliance requirement.
Steps For LLP Registration
Step 1 :
All the above mentioned documents must besubmitted to the Registrar of firms of the state.
Step 2 :
A certificate of Registration is then issued, by the Registrar, and a copy should be given to all the partners.
Step 3 :
Also, a separate registration with the Income Tax department is to be done in order to avoid any future problems and must obtain a PAN card and a bank accountunder the name of Partnership firm.
Why Partnership Registration ?
Easy to establish
Audit not required
What is Partnership?
Partnership in the Corporate world refers to a relationship when two or more people decide to share the profits of a business carried on by them all or any of them acting for all.It’s generally done in legal terms. The percentage of ownership varies and depends on certain factors. Partnership firm thus is a firm which allows joint ownership of a business. There are certain rules and regulations that have to be followed while setting up a Partnership firm. Registering a partnership firm is not compulsory under the Indian Partnership Act, 1932 but only Maharashtra has made their registration compulsory. Further a partnership firm can be registered at any point of time i.e. even several years after formation. Registering or not registering a partnership firm has itsown advantages, but like a coin which has two faces, it definitely has its own disadvantages too. Described below in detail is how a partnership firm works and how can you register for partnership firm in India.
The partnership is relatively easy to start however, there are certain conditions and restrictions to be followed in setting them up. Also, according to Indian Partnership Act,1932, consent of all the partners in a partnership firm is required in fundamental matters (like admission of new partners, dissolution of the firm, conversion of the firm etc.) and a majority in other matters and there should be sharing of all the profits or losses made in the business. It also states that there has to be a legal contract that There are certainly more rules while setting up a Partnership firm, clearly stated in the Indian Partnership act,1932 and they should be followed strictly to avoid any severe actions made by authorities towards your firm.
Minimum Requirements for Partnership Registration
- Minimum 2 Partners
- No fixed minimum Capital Requirement