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Partnership Registration
OnlineA Partnership Deed, an agreement is signed between two parties. These parties with their motive to make profit from a business Register themselves in Partnership Registration. Partnership Act, 1932 guides all the structure of ideal partnership firm. Apply for Partnership Registration online today, Get Legal Consultancy in India by professionals, Get *Consultancy, *Registration, *Paper Work, *Legal Protection, *Timely Delivery of Services.
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What is an Partnership Company
This type of business is built through a formal agreement between two or more partners. The main motive of this formal agreement is to get the partners to agree to the point to be the co-owners, distribution of responsibilities for running this organization and sharing of income and losses incurred to the enterprise. It's not a separate legal entity from its partners.
Merits of LLP Company Registration
- Less burdenAs the number of workers in the company has increased it leads to reduction of work load. The burden of work can be divided so that not only one person has to take all the load.
- Good decision makingAs there are other partners to give suggestions, it leads to better decisions for the company. This builds coordination
- CreativityMany creative heads could bring new ideas for the betterment and enhancement of the company.
Process of Registration of a LLP Company
- STEP 1: Application for the registration An application form has to be deposited to the registrar of firms for your particular state. This helps in situating the firm along with the fees. It should contain the details like name of the firm, the place for the business and any other place that may carry the business, the date of joining of partners, names and addresses of all the partners, duration of the firm.
- STEP 2: Name for the firmThe name of the firm should be selected under some conditions like the name should not be similar to any other existing firm. The approval of the name for the firm is under the registrar.
- STEP 3: Certificate of registration The name of the firm should be selected under some conditions like the name should not be similar to any other existing firm. The approval of the name for the firm is under the registrar.
- STEP 4: MOA and AOA MOA and AOA documents to be deposited to the ROC (Registrar of Company).
- STEP 5: File LLP agreement All these documents to be deposited to the SPICe form. SPICe stands for Simplified Proforma For Incorporating a Company Electronically. It should be attached with all the documents mentioned in above steps.
- STEP 6: Approval of name Registrar of Company provides the incorporation certificate.
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+91 85 8888 2144
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