Partnership

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What is a Pertnership Firm?

A Partnership Firm is a type of business structure where two or more individuals come together to operate a business and share its profits and losses. In this structure, partners contribute capital, skills, or other resources and share the responsibilities of managing the business.

Minimum Requirment

1. At Least 2 Partners

2. Maximum 20 Partners

3. A Unique and Valid Name of the Firm

4. A Registered Office in the State

5. Partnership Deed

Benefits of Partnership:

1. legal recognition and Protection

2. easier Dispute Resolution

3. Enhance Credibility

4. Easier Conversion to other business structure

5. Easier Dispute Resolution

DOCUMENTS REQUIRED FOR PARTNERSHIP INCORPORATION:
  • Electricity Bill for registered office of the Firm
  • Identity proof of all partners of Firm( Self attested Adhar card/voter id/Driving Licence/Passport )
  • Residential proof( self attested Bank statement/telephone bill/gas bill/ phone bill)
  • Email id and Contact number of all Partners
  • Passport Size photo of all Partners
  • Partnership Deed

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