Partnership Business Registration - India

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Business Registration | Partnership - India
Capibizo-partnership

Together to Win

A Partnership firm is a business entity created by persons who have agreed to share profits or loss of the business.

What is Partnership?

Partnerships are the preferred choice of business entity for small enterprises wherein two or more persons decides to contribute to a business and share the profits or losses. In India, Partnerships are widely prevailing because of their easy formation and minimal regulatory compliance.

The partnership serves as an answer to the needs of large capital investment, varied skills and sharing of risks. A partnership firm is ideal for small businesses that plan to remain small.

Choose the best package that fits you:

  • Standard
  • Classic
  • Premium
Standard Package include:
  • Preparation of Partnership Deed
  • Purchase of Stamp Duty paper^
  • GST registration
  • Free Limited offer -  Accounting Software*
  • Business bank account opening.
  • All inclusive of government fees

Fee: Rs. 5974/-*

Classic Package include:
  • Preparation of Partnership Deed
  • Purchase of Stamp Duty paper^
  • GST registration
  • 3 Month GST return filing
  • Online Payment Gateway
  • Free Limited offer -  Accounting Software*
  • Business bank account opening.
  • All inclusive of government fees

Fee: Rs. 7974/-*

Premium Package include:
  • Preparation of Partnership Deed
  • Purchase of Stamp Duty paper^
  • GST registration
  • 3 months GST filing
  • Trade Mark Registration
  • Free Limited offer -  Accounting Software*
  • Business bank account opening. All inclusive of government fees

Fee: Rs. 12,974/-*

Important Note:

  1. Free offer is subject to limited as per the terms and conditions of our associated partner
  2. ^Stamp Duty Paper cost payable by client at actuals
  3. Business Current Account is subject to terms and conditions of our associated bank.

*Terms & Conditions Apply. Tax as applicable.

Advantages
  • Easy Setup (Can start business and receive payment as no registration required)
  • Easy Compliance (Minimal requirement in terms of compliance)
  • Easy Dissolution (With no registration he can cease his business operations any time.)
Disadvantages
  • No Transferability (Any license or registration cannot be transferred to any other person or entity)
  • Liability (The proprietor held responsible for any loss or profit)
  • Fundraising (No fund raising from angel investors, venture capital firms )
  • Lifespan (Cease to exist with the proprietor)

Pay for what you want?

Standard

inclusive of Govt. fees
₹3974
2974 + GST
  • Proprietorship Registration
  • GST Registration
  • MSME Registration
  • Bank Account

Classic

inclusive of Govt. fees
₹6974
5974 + GST
  • Proprietorship Registration
  • GST Registration
  • MSME Registration
  • Bank Account
  • 3 Months GST Filing
Popular

Premium

inclusive of Govt. fees
₹12974
10,974 + GST
  • Proprietorship Registration
  • GST Registration
  • MSME Registration
  • Bank Account
  • 3 Months GST Filing
  • Trademark Registration

Various Registrations:

MSME Registration

Udyog Aadhaar registration can be obtained in the name of the business to establish that the sole proprietorship is registered with the Ministry of Micro, Small and Medium Enterprises (MSME).

GST Registration

GST registration must be obtained if the proprietor is selling goods or services. It is mandate for service providers having annual revenue above Rs.20 lakhs and for traders above Rs.40 lakhs.

TAN Registration

TAN registration must be obtained for the proprietor from the income tax department if the proprietor is making salary payments wherein TDS deduction is required.

Import Export Code

Import Export Code or IE code can be obtained from the DGFT in the name of the business – in case of a proprietorship business undertaking export and/or import of goods into India.

FSSAI Registration

Sale of food products or handling of food products, FSSAI registration must be obtained from the Food Safety and Standard Authority of India in the name of the proprietor.

Current Bank Account

A current account can be opened for a sole proprietorship through various banks in India. We assist you to get zero-balance current accounts.

Each proprietorship differs in terms of the functions, clientele and the mode of operations. Hence, a couple of the registrations mentioned above can be obtained.

Documents Required:

  • Identity Proof : PAN card of the Proprietor (if not available, we can help)
  • Address Proof : Passport / Drivers License / Election ID / Ration Card / Aadhar ID
  • Proof of Residence: Bank Statement / Electricity Bill / Phone Bill / Gas Bill not older than two months.

You may also consider:

capibizO is helping people to start and manage their business, at an affordable cost. We help the entrepreneur on the legal and regulatory requirements, and be a their business consultant throughout their success journey. 

We offer branding, marketing, and business consultancy services. capibizO is one of the leading ISO consultancy offering its services across the globe. 

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