A Partnership firm is an organization which is formed with two or more persons to run a business with a view to earning a profit. Each member of such a group is known as a partner and collectively known as a Partnership firm. These firms are governed by the Indian Partnership Act, 1932.
For initiating a Partnership firm, a minimum of 2 members are required and the maximum limit is 10. A written agreement which is known as “Partnership Deed” is signed between the partners. It is not necessary to register under a Partnership firm, but Partnership firm registration provides various benefits to the partners.
How to register a Partnership firm
Step 1
Visit Online Partnership firm registration website.
Step 2
Enter the details which have to provided in the application form.
Eg:
- Type of user
- Appellation
- Full Name of the applicant (In order)
- Contact details
- Email address
- Correspondence address
- Account details with Login credentials
Step 3
Once you enter all the required details complete the “CAPTCHA” code and click on “Register”
- Form A
Below mentioned is the procedure to apply for Form A
Step 1
In the ‘Firm Management’ Tab, click on Raise Form A.
Step 2
The applicant has to enter details like Partnership name, Business Address, etc. in the application form.
Step 3
By clicking on ‘Add Partners’, the applicant can add partners. The details of the partners should be entered.
Step 4
The required documents have to be scanned and attached with the application form.
Step 5
By clicking on the Submit tab, the online procedure is completed.
The above-mentioned procedure for Partnership registration is important to grow your business. Further Business accounting hassles can be taken care of by EZOTO Software – By Downloading this Billing Software you would be able to manage invoice, accounting, credit, inventory, customers, etc and fulfill all your accounting needs.
