Partnership firm incorporation

Key Features of Partnership Firm –  2 Person Required as Partners. Partners share responsibilities and duties of the business. More capital can be brought into the business. Partners share responsibilities and duties of the business.

Disadvantages of Partnership Firm- Unlimited liability. Disagreement among the partners. Can not raise funds easily from investors. Less Features as Compare to LLP Formation with same cost of formation. Maximum 20 Members are allowed.

Registration process

• Choose partnership firm name; try selecting a name which doesn’t resemble with any existing business name.
• Partnership deed is drafted which suits your needs by legal and taxation experts. Partnership deed is registered with your state’s registrar of firms.
• Signed partnership deed or registered partnership deed can be used for application of PAN Card and opening bank accounts

Pricing

•  Standard – Contact for best prices

Standard prices includes partnership deed drafting and PAN & TAN application (Stamp duty charges extra on actuals)

• Premium – Contact for best prices

Premium prices includes services mention under standard pricing and registration of partnership deed in Delhi / Gurgaon