Registration of Partnership Firm in Maharashtra

Company Registration in Mumbai, GST Registration in Mumbai, GST Filing, LLP Registration in Navi Mumbai, Partnership Firm Registration in Andheri, Private Limited Company Registration in Bandra, Tax Baniya

A partnership firm is a business structure in which two or more people join forces to start a business and divide the profits according to a predetermined ratio.

Partnership Firm is registered under Partnership Act, 1932. 

A partnership firm is not a separate legal entity from its members; rather, it is a collection of their legal rights. It is simply the term given to the group of people who have come together to form it. 

Partnership Firms are made up of individuals who have entered into a business partnership with one another to carry on a business. The name under which their business is carried on is referred to as the “Firm Name.” Individual partners are referred to as “Partners,” while the entire partnership is referred to as a “Partnership Firm.”

Tax Baniya will help you in all your requirements regarding the registration of Partnership Firm and other formalities. Our Business advisors will give solutions to all your queries regarding Partnership Firm Incorporation and help you to take your decisions easily.

Tax Baniya started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly.

Tax Baniya is leading Company Registration Service Provider and acts as a Consultant in Mumbai, Navi Mumbai, Thane, Palghar 

Simple Pricing With Deliverables

Silver

Unregistered Deed
₹3,999
  • Time Line : 5 – 7 Days
  • Unregistered Deed
  • PAN Card
  • TAN
  • Udhyam Aadhaar

Gold

Registration of Existing Deed
₹6,999
  • Time Line : 5 – 7 Days
  • Application to RoF* in Form A
  • Converted Marathi Deed

Platinum

₹8,999
  • Time Line : 10 – 15 Days
  • Application to RoF* in Form A
  • Converted Marathi Deed
  • PAN Card
  • TAN
  • Udhyam Aadhaar
  • GST Registration

Diamond

₹19,999
  • Time Line : 10 – 15 Days
  • Application to RoF* in Form A
  • Converted Marathi Deed
  • PAN Card
  • TAN
  • Udhyam Aadhaar
  • GST Registration
  • Startup India DPIIT
  • Trademark Application

Registration Process

For Partnership Firm

Collect Checklisted Documents

Make Draft Deed

Execute Deed

Apply For PAN & TAN

Apply for PAN

Marathi Conversion of the Partnership Deed

Rof Form A

Fill Form A

Submit to RoF & Get Acknowledgement

Wait 3 – 5 years for Certificate

Get Rof Certificate

Get Details

Documents & Information Required

For Registration of Partnership Firm

Partnership Firm Details

  • Name of Firm
  • Significance of Firm Name
  • Object of Firm
  • Contributions
  • Ratio of Contributions
  • Address of Firm (Not older than 1 month) - Electricity Bill Or MTNL Bill or GAS Bill
  • No Objection on from Owner

Partners Details

  • Name of Partners
  • Address of Partners
  • Designation of Partners
  • Profit Sharing Ratio
  • Email id of Partners
  • Mobile Number of Partners
  • Photos of Partners
  • PAN Card of Partners
  • Aadhaar Card of Partners

Features

of Partnership Firm

Mutual Agency

All the Partners are Agents of each other and as well as of the Firm, & the liabilities of the Partners are not limited

Lesser Compliance

No Audit / Returns are required under Partnership Act on Annual Basis. Firm can also adopt presumptive scheme under Income Tax Act

Under Partnership Act

Form B
  • Change in principal Place / Nature of business / firm name - Within 90 Days
Form C
  • Opening and closing of branches
Form D
  • Change in the Name (Person/Limit ed Company) and Address of the Partner
Form E
  • Change in Constitution - Admission/ Retirement/ Dissolution/ Death of Partner/minor partner
Form F
  • Minor attaining majority and elects to become/ not to become a Partner

Under Income Tax Act

  • ITR In case Tax Audit is not required - 31st July of every year
  • In Case Tax Audit under Income Tax Applicable (Turnover Exeed 50/75 lacs in case of Professionals or 1/10 Crore for Others) - 30th September for Tax Audit Filing & 31st October for ITR Filing
  • Penalty For Non Filing of ITR – Rs. 1,000 to 5,000
  • Penalty for Non filing of Tax Audit Report - 0.5% of the turnover or the gross receipts subject to a maximum of Rs. 1,50,000