Registration of partnership firm

This query is : Resolved

CA Himanshu Sharma (Querist)
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18 July 2013 dear sir
i am from jaipur (rajasthan)
i want to know what is the procedure for registration of partnership firm and and what is total cot for it

Rajat Poddar

Rajat Poddar (Expert)
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19 July 2013 A partnership firm can be registered whether at the time of its formation or even subsequently. You need to file an application with the Registrar of Firms of the area in which your business is located.

• Application for partnership registration should include the following information:

- Name of your firm
- Name of the place where business is carried on
- Names of any other place where business is carried on
- Date of partners joining the firm
- Full name and permanent address of partners.
- Duration of the firm

• Every partner needs to verify and sign the application

• Ensure that the following documents and prescribed fees are enclosed with the registration application :

- Application for Registration in the prescribed Form – I
- Duly filled Specimen of Affidavit
- Certified copy of the Partnership deed
- Proof of ownership of the place of business or the rental/lease agreement thereof

It may be noted here that the name of your partnership firm should not “contain any words which may express or imply the approval or patronage of the government except where the government has given its written consent for the use of such words as part of the firm’s name”.

Once the Registrar of Firms is satisfied that the application procedure has been duly complied with, he shall record an entry of the statement in the Register of Firms and issue a Certificate of Registration.

MEHUL SHAH

MEHUL SHAH (Expert)
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19 July 2013 You first need to draft a partnership deed. If you need a format, then you can mail me the names of partners along with address and, profit sharing ratio at mehul@raseshca.com and I shall send you the partnership deed.

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