Advantages

  • Easy to Start and Easy to Close.

  • Minimum 2 Partners and Max 20 Partners can join.

  • Flexibility to change Partners anytime.

  • More capital can be brought into the business.

  • Partners share responsibilities and duties of the business.

  • Get benefits of Tax by paying salary & Interest to Partners

Disadvantages

  • All Partners will be Responsible for their acts, Unlimited Liability.

  • Disagreement among the partners.

  • Can not raise funds easily from investors.

  • Limit of Maximum 20 Partners

  • Resources.

  • Less Credibility.

Registration
  • Choose the Partnership Firm Name

  • Prepare Partnership Deed (We will help you drafting the same)

  • Register Partnership Firm with the registrar of firms i.e is state wise.

  • Apply for PAN Card on the name of Partnership Firm.

  • Opening of Current Bank Account on the basis of PAN Card and Registered Partnership Deed.

 We Will arrange For You0

  1. Partnership Deed:

With more then 30 years of Experience we will help you in drafting your partnership deed, considering future requirements, resolving future general problems in Partnership, which will going top be Tax Effective, and considering other features. All Further Addendum Deed, Retirement Deeds, or Dissolution Deed will be taken care of if required.

  • PAN Card:

    After Formation of Partnership Deed, we will apply PAN card for your newly formed

  • Registration of Partnership Deed:

    Your Partnership Deed will get registered with Registrar of Firms of respective state.

  • Udyog Aadhar:

    Aadhar Card for your business issued by Ministry of Micro, Small & Medium Enterprises, Government of India. As like Your Own Aadhar, Aadhar card for your business will be issued, provided you own a valid Aadhar Card.

  • Shop & Establishment Act: Register under Shop & Establishment Act with Labour Department, Haryana with a nominal Fees.

  • CA Entity Certificate: We provide Certified Entity Certificate for Proprietorship Concerns.

  • Haryana Sales Tax (HVAT)/ CST Registeration:

    We will provide complete information and consultancy, if you require to obtain Sales Tax Registration, and will help you to obtain registration with Haryana VAT / Sales Tax and CST, and timely returns thereafter.

  • Service Tax

    We will provide complete information and consultancy, if you require to obtain Service Tax Registration, and will help you to obtain registration with Service Tax, and timely returns thereafter. We will arange both Single Premises Registration or Centralized Registration depending upon your requirement.

  • Excise

    We will provide complete information and consultancy, if you require to obtain Central Excise Registration, and will help you to obtain registration with Central Excise, and timely returns thereafter.

  • Goods & Service Tax

    As of Now, GST Constitution Amendment is passed by Rajya Sabha, we are in complete track of Same, and will be in a leading roll for our clients to enroll them with GST.We will provide complete information and consultancy, and will help you to obtain registration, and timely returns thereafter.