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This service is designed for a business owned by two or more partners, small businesses with multiple resources attributed by various parties, existing partnership firm that isn’t registered.
A business entity managed by two or more individuals is called a partnership firm. The partners come to a mutual decision upon a deed which will decide the operation of the business. The Partnership Incorporation plan provided by All India ITR is for new businesses as well as existing businesses who do not have an incorporation registration.
The incorporation of a partnership can take place either at the time of its launch or afterward. The partners of a business must file an application with the Registrar of Firms within the area where the business is located.
A business needs to provide the following information during the application for partnership registration:
It is highly important to note that the name of a partnership firm should not contain words that may imply or express the government’s approval or patronage unless consent has been given as such.
After the Registrar of Firms is fully contented with the application procedure and it has been duly complied with, a record will be made on the entry of the statement and Certificate of Registration will be issued.