Partnership Firm Registration in Chennai
Earnlogic, a leading service provider, offers Partnership Firm registration in Chennai with a team of skilled professionals. Our services extend across Triplicane, Vadapalani, West Mambalam, KK Nagar, Velacherry, and Mylapore. Compliant with government norms, our services align with regulatory standards.
A Partnership Firm allows one or more individuals to easily initiate a business, outlined in the partnership deed. Governed by the Partnership Act, 1932, partners divide profits based on agreed ratios. For banking, 2 to 10 members, and for non-banking, up to 20 members are required. Partnerships operate on a contractual relationship with unlimited liability.
Online Partnership firm Registration in Chennai is straightforward compared to other procedures. Earn Logic ensures a swift and punctual registration process.
Documents required for partnership firm registration
To have online Partnership Firm registration, you'll need:
- Original Partnership Deed
- PAN card of the Partnership firm
- Address proof agreement/NOC from the owner
- Attested address and ID proofs of all partners
- Certificate affirming the accuracy of provided details
- Authorization letter if a third-party assists in registration
- Signed Form 1 (for online registration)
- Acknowledgement slip for fee payment.
These documents are necessary for the partnership firm registration process.
For incorporation, you'll need:
- Identity and address proof for all directors and shareholders. Indian nationals require PAN cards. Foreign nationals need notarized passport copies.
- Recent residence proof (e.g., bank statement, electricity bill) dated within 2 months.
- Registered Office Evidence
- All companies must have an Indian registered office.
- For proof, submit a recent utility bill (electricity, property tax, or water) or a rental agreement. If rented, include a NOC from the landlord; for owned premises, provide ownership documents.
These documents are vital for the Partnership firm registration online in Chennai.
Benefits of Partnership Firm Registration
- Right to sue third parties.
- Ability to sue co-partners.
- Exclusive set-off claims, unavailable for unregistered partnerships.
- Enhanced credibility for registered partnership firms.
- Option for entity conversion.
These are the advantages that come with registering a partnership firm in Chennai.