Partnership Firm Registration

Partnerships present the involved parties with special challenges that must be navigated unto agreement. Overarching goals, levels of give-and-take, areas of responsibility lines of authority and succession, how success is evaluated and distributed and often a variety of other factors must all be negotiated. Once agreement is reached the partnership is typically enforceable by civil law, especially if well documented.

Partners who wish to make their agreement affirmatively explicit and enforceable typically draw up Articles of Partnership. It is common for information about formally partnered entities to be made public, such as through a press release ,a newspaper ads or public records laws.

 Proof of Identity for the entity (any one document):

1. Sales / Service Tax / Excise Registration
   
2. Registration under Shops and Establishment Act
   
3. PAN ID / IT return of the firm
   
4. Water / Electricity / Municipal Tax bill in the name of the firm
   
5. For entities less than two months old, a copy of the application made to the Regulatory Authority for starting new business. (Original approval should be produced within three month from opening the account.)
   
   Proof of Identity for the Individual / authorized signatories / all partners and delegates:
   
6. Passport / Photo PAN Card / Driving License / Voter's ID
   
   Proof of Address for the Sole Proprietor / All partners, signatories and delegates (any one):
   
7. Passport
   
8. Ration Card
   
9. Society Outgoing bill
   
10. Latest copy of Life Insurance Policy / Premium receipt
    
11. Latest Electricity Bill
    
12. Latest Telephone Bill (Landline / Mobile)
    
13. Voter's ID
    
14. Driving License

Other documents:

1. Partnership Deed for Partnership firms
   
2. Photographs of Sole proprietor / all Partners and authorized signatories
   
3. A Trade Credit Information report of the personal account of the Sole Proprietor or alternatively signature verification of the personal account of the sole proprietor from his existing bank and copy of the last six months statement of the personal account of the sole proprietor.
   
4. For entities less than two months old, copy of licence/permission granted by Local authorities and valid title/lease deeds of manufacturing and business premises.