Partnership Firm Registration in Coimbatore
Partnership Firm registration in Coimbatore holds significant importance for businesses. Earnlogic extends comprehensive support services across various Coimbatore locations like Ukkadam, Sundarapuram, Pothanur, Selvapuram, and Kuniyamuthur. Entrepreneurs and investors can initiate their ventures in the form of a Partnership Firm, supported by our commitment to facilitating successful small business management and development.
Under the Partnership Act of 1932, a Partnership Firm can be established, offering limited liability and distinct entity status. Our legal experts ensure seamless guidance throughout the Partnership Firm registration process.
A Partnership emerges when two or more individuals pool resources and funds with a shared objective of generating profit. Online Partnership Firm registration in Coimbatore involves an agreement outlining the rights and duties of members. This partnership deed can be oral or written, with the latter being more comprehensive and definitive.
The agreement primarily dictates profit and loss sharing among partners. The Partnership Act, 1932, doesn't limit the number of partners, yet under the Companies Act, 2013, the member count should not exceed one hundred for a Partnership Firm.
Benefits of Partnership Firm Registration in Coimbatore
- Partnership Firm registration in Coimbatore empowers the ability to file cases against third parties and co-partners.
- It also grants the right to claim Set-off, enhancing credibility for the firm.
- Additionally, entity conversion becomes possible with Partnership Firm registration.
Documents Required for Partnership Firm Registration
For online Partnership Firm registration in Coimbatore, essential documents include:
- Partnership Deed
- PAN card and Address proof of partners
- Firm's Address Proof
- Additional partnership firm registration documents
- GST Registration documents
- Identity and Address Proof
- Registered Office Proof
Shareholders and directors need valid identity and address proof. Indian nationals must provide their PAN card, while foreign nationals require an attested passport copy.
Recent residence proof like a bank statement or electricity bill (not older than 2 months) is necessary.
Every company needs an Indian registered office. Proof includes recent utility bills (electricity, property tax, or water bill), a rental agreement copy, and NOC from the landlord for rented offices, or ownership documents for owned premises.