To open the partnership firm

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virupaksh

virupaksh (Querist)

15 May 2009 hi,

we need to open the partnership firm so, what kind of registrations required ?

thanks

CA Parvin Ahuja

CA Parvin Ahuja (Expert)

15 May 2009 To start a partnership firm you have to execute a partnership deed on stamp paper. Afterwards if you wish you can get it registered under the Indian Partner ship Act.

Vipul J. Bhavsar

Vipul J. Bhavsar (Expert)

15 May 2009 The Partnership Deed is needed to be prepared. No registrations as such are required.
It is mutual understanding between the partners as regards the procedures to be followed if conflicts arise in future. It is always advisable and beneficial to get the Deed "Notarised" in order to be enforceable in the eyes of law.

Ankur Garg

Ankur Garg (Expert)

15 May 2009 i would suggest go for registration of ur firm to enjoy the benefits of regn.

Regards

CA Suresh Choudhary

CA Suresh Choudhary (Expert)

15 May 2009 Registration of partnership is not compulsory in india except maharashtra.
But i would suggest go for registration of ur firm to enjoy the benefits of regn.

Regards

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