Partnership Firm Incorporation

998399

*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.

Price 2999

Services covered :
  • Drafting of Partnership Deed
  • PAN and TAN Application
  • Registration of Partnership firm
  • GST Registration

Documents Required :
  • Notarised Partnership Agreement
  • Proof of Registered Address
  • The Proof of Office Should Be Latest
  • NOC from the Owner of Premises
  • Two Photograph, PAN Card, ID Proof & Address Proof of partners

FAQ ()

Question : Does the law prohibit a non-citizen to become a partner?
Answer : The Act does not prohibit a non-citizen from participating as a partner, subject to certain clearances from the Government.
Question : Can a minor become a partner?
Answer : The act prohibits a minor from entering into a partnership contract. However, he may be admitted to the benefits of partnership by an agreement executed through his guardian with the other partners and with the consent of all the partners.
Question : What is partnership at will?
Answer : According to the Act, when there is no mention about the duration of the partnership, or determination of the partnership, the partnership is considered ‘partnership at will’.
Question : Can a new partner be admitted to the partnership?
Answer : Yes. Generally a partner nominates the successor in case of retirement or death of that partner. The terms of the admission of a new partner are usually mentioned in the Partnership Deed. A new agreement entailing the new profit sharing ratio is required to be made.
Question : Can a partnership firm become a partner in another firm?
Answer : The firm cannot become a partner in another firm as a partnership firm is not a separate legal entity. However, a partner may be a partner in multiple corporations.