Partnership Firm Registration in Coimbatore
Partnership Firm Registration in Coimbatore is very crucial in the business . It is implemented through a broad array of support services by Earnlogic in various places of Coimbatore like Ukkadam, Sundarapuram, Pothanur, Selvapuram and in Kuniyamuthur. An investor and businessman can start his/her business in the form of a Partnership firm in Coimbatore. Earnlogic is committed in enabling people to start, manage and develop their small business successfully. We offer a platform wherein, setting up, managing and developing a small business is made simple and entrepreneur friendly. A partnership firm can be applied under the partnership act of 1932. It has limited liability and distinct personality. Our legal experts will provide guidance throughout the process of partnership firm registration.
Two or more individuals joins with a common idea of business by using the sources and funds together with the common objective of gaining money is called as Partnership. A partnership firm registration is the agreement between two or more persons. It should be noted that this sort of a deal can arise only from a contract and not from status. The partnership deed is an important deed of partnership firm registration in Coimbatore since it has the written details of duties and rights of the members for the partnership. The partnership deed may be oral or written. Oral does not contain any values. The partnership agreement is mainly to share profits and losses among the partners and the Limitation on the number of partners is not listed in the Partnership Act, 1932. The members of the Partnership firm must not exceed hundred as per the Companies Act, 2013.
Benefits of Partnership Firm Registration in Coimbatore
- It gives the ability to file case against third parties.
- Partnership firm Registration in Coimbatore provides power to file suit against co-partners.
- It offers the ability to claim the Set-off.
- Higher Credibility is given to Partnership firm when the registration is done.
- Conversion of Entity is possible.
Documents Required for Partnership Firm Registration
- Partnership Deed is required.
- PAN card and Address proof of partners is needed.
- Address Proof of the firm is required.
- Additional partnership firm registration documents is needed.
- GST Registration documents is required.
- Identity and Address Proof
- Registered Office Proof
Address and identity proof of all the shareholders and directors are required for incorporation. PAN card is mandatory for Indian nationals. Attested or notarised copy of passport must be submitted mandatorily for foreign nationals. Residence proof documents like bank statement or electricity bill must be less than 2 months old are required.
All companies must have a registered office in India. To prove access to the registered office, a recent copy of any of the utility bills like electricity bill or property tax receipt or water bill must be submitted. A copy of rental agreement.NOC from landlord is required to be submitted in case of a rented office or an ownership document should be produced.