Partnership Firms are ideal for very small businesses. We at MYDBIZ offer Partnership Firm Registration at Rs 5,999/- all-inclusive.
A Partnership firm is a registered or an unregistered entity which is formed with two or more persons to run the day-to-day activities of the business and share the profits or losses as per their Profit Sharing Ration (PSR) mentioned in the Partnership Agreement.
Types of Partnership:
As per the Indian Partnership Act, 1932, there are two types Partnership entities, namely:
1. Registered Partnership and
2. Unregistered Partnership
Advantages of a Partnership Firm:
Partnership Firms have very few requirements in terms of filings and compliances. Some of the other advantages are as follows:
Disadvantages of a Partnership Firm:
Partnership Deed Drafting
Partnership Deed Notarization
PAN & TAN Registration
Everything From the Smart Plan +
Udyog Aadhaar (MSME) Registration
Partnership Deed Registration
Assistance in Current Account Opening
Everything From the Relax Plan +
GST Return Filing For 3 Months
TDS Return Filing For 3 Months
One Application For Trademark Registration
MYDBIZ is the market leader in Partnership Firm Registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete a proprietorship registration is 6-7 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.
For more information, feel free to contact us at email@example.com or call us at +91 9632 993 993.