Bizivalue

Follow us on :

Partnership firm in bangalore

From Any where in India. In just 3 Simple Steps

Fill the form!

Simply fill the given form to get started.

Call to discuss

Our expert will connect with you & prepare documents.

Get certificate

Get your Company Incorporation Certificate

Quick Enquiry

Register your company today

Complete Process

Overview

A partnership is a form of business which enables two or more persons to co-own an organization, and they agree to share the profits and losses of the company. Each member of such a business is called a Partner, and collectively they are known as a partnership firm.

In a partnership, every owner contributes something to the welfare of the firm. These can be in the form of ideas, property, money and sometimes a combination of all these. Owners of a Partnership share profits and losses in proportion to their respective investments.

Advantages

  1. Easy to get started
  2. Less formal with fewer legal obligations
  3. Sharing the burden
  4. Access to knowledge, skills, experience and contacts
  5. Better decision-making
  6. Privacy
  7. Prospective partners
  8. Easy access to profits
  9. Ownership and control are combined

Documents Required

Partnership Deed

Address Proof of Firm: Electricity bill, water bill, telephone bill, property tax bill, gas receipt, etc.

PAN Card of Partners

Address proof of partners Aadhar cards, Photo Passbook of running Bank accounts, driving licences, passports, gas connection proofs, or voter ID cards as proof of address

Compliances

Partnership firm compliance mainly includes filing of income tax return.Partnership firms having annual turnover of over Rs. 100 lakhs are also required to obtain a tax audit

In addition to the basic compliance, partnership firms may also be required to comply with TDS regulations, GST regulations, VAT / CST regulations, Service Tax regulations, ESI regulations and others.

Faqs

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Complete Process