Hello folks, through this post you will get information regarding “How To Register Partnership Firm”. Key details regarding partnership firm registration are:- Image result for Partnership Firm Registration

  • Partnership firms in India are governed by the Indian Partnership Act, 1932.
  • As per section 4, registration of partnership deed is optional. So you can start your business without any registration.
  • Minimum Two Partners Required (Solvent & Major as per India Law)
  • Maximum 20 Members are allowed.

Step wise process for starting business as a unregistered partnership firm:-

  • Choose Partnership Firm Name.
  • Prepare Partnership deed on stamp paper, formats are available on many sites. 
  • Stamp paper value must be Rs 200 or One percent of the contribution amount mentioned in proposed Partnership deed.
  • Sign and Notarized the deed.
  • Apply for PAN.
  • Open bank account with schedule bank.
  • Take necessary registrations as per your business requirements.
  • As per our suggestions you can go for theses registrations:- (A) GST (B) IEC (C) TAN (D) PF & ESI (E) MSME
  • Every legal requirements completed after this. Now you can run business easily.

Steps involve for registration of Partnership Deed

  • Form No. 1 (Application for registration under Partnership Act)
  • Original copy of Partnership Deed, signed by all partners.
  • Stamp paper value must be Rs 200 or One percent of the contribution amount mentioned in proposed Partnership deed.
  • Copy of Aadhaar Card of all partners.
  • Affidavit declaring intention to become partner.
  • Rental or lease agreement of registered office with NOC.
  • Utility Bill of registered office.
  • All documents must be attested by advocate/ notary/ CA/ Gazetted officer with seal.
  • Two Witness

Process involve to proceed in department

  1. Visit the official website of the Revenue Department: www.revenue.delhi.gov.in Related image
  2. Select Appointment Management Service for E-Sub Registrar office.
  3. Take the appointment for visit to Sub-Registrar by filling requisite information.
  4. Visit the reception at the appointment date & time along with the appointment slip and sms.
  5. Visit the facilitation counter in the hall when your token no. is called.
  6. Present your documents to facilitator. Upon clearance by facilitator, wait for your turn for presentation before sub-registrar along with all the partners and witnesses.
  7. After acceptance of documents, proceed to the biometric division for finger printing and photographs. Collect the receipt on completion of registration process.
  8. Collect the documents after 3-4 days between 3 pm to 5 pm at delivery counter.
  9. Un-notarized partnership deed not older than 4 months i.e. within 4 months partnership deed should be registered otherwise it will be time-barred. If you have not registered your partnership deed within 4 months of its execution, in that case you have to prepare new partnership deed from the current date and get it registered with the sub-registrar.Each page (both side -front and back) of the partnership deed must be signed by each partner.
  • As per market trend professionals are charging Rs 7500 to 10000 for this assignment. (Only for reference)
  • Government fees are vary case to case and state to state.
  • In Delhi Rs 1100 paid through demand draft.