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How to register a partnership firm

Gopal Sengar (CA STUDENT) (531 Points)

28 May 2011

hi plz help me

how to register a partnership firm

& how to get Tin No.

Two man working together trading activity

at the time of payment company say ur firm registered or not?

thanks for

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14 Replies

PARDEEP KUMAR AGGARWAL (PARTNER) (286 Points)
Replied 28 May 2011

Dear Gopal,

To register a partnership firm first of all you have to create a partnership deed which states all terms and conditions about capital, profit sharing ration, work responsibilities, situation for addmission of a new partner, retirement of a partner, death of partners etc etc. After it you have to get it registered you have to go to DIC (District Industries Centre) where you can get it registered after paying registration fees. For Delhi, you can apply online also for its registration. Another way is to get the deed notarized & file a TIN application with the VAT authorities of your area. They will inspect the location of the business and will seek for a guarantor. After that they will register you and will issue a TIN number. As far as VAT registration forms are concerned, you please either tell me the location or go directly to the VAT authorities of your area. This will solve your problem. After getting TIN number you will be considered as a Regd Dealer.

2 Like

CS Bijoy (Expert) (6394 Points)
Replied 28 May 2011

Make an application to the appropriate authority togather with a copy of Partnership Agreement and also the other required document, after satisfied the department will issue the Tin numberof your firm.

1 Like

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 28 May 2011

Originally posted by : Gopal Sengar
	hi plz help me how to register a partnership firm & how to get Tin No. Two man working together trading activity at the time of payment company say ur firm registered or not? thanks for

TIN word is used for two type of tax registrations

1) uneder state VAT act , VAT number is called as TIN, applicable for sales transactions, you have to get registered with VAT department of your state to get the TIN number.

2) under incometax act TAN is is called as TIN, used for tax deduction at source, you have to apply with NSDL online and send documents to NSDL with documents to get the same.

1 Like

RAJIV VIJ (Professional) (154 Points)
Replied 28 May 2011

Dear Gopal Sengar,

it is very easy to get TIN no. in delhi. in case of partnership you just need to prepare/collect following documents

1. form DVAT 4 and CST regn form duly filled

2. Form DVAT -12 ( detail of security submitted)

3 Partnership Deed copy

4. Address proof of office ( rent agreement, electricity bill, telephone bill)

5. Address and ID proof of all the partners

6 PAN no of the firm

7. PAN no. of the partners

8. for security following are the options

1 Bank gurantee in the name of Commissioner of DVAT A/c " your firm name"

2 Surety Bond from registered dealers 2 Nos X 50000 each

3 Cash deposit of Rs. 100000/-

4. Fixed deposit in the name of Commissioner of DVAT A/c " your firm name"

9. if you get passport of the partners and PAN of the firm notarised you will get the reduction of Rs. 10000/- each in sucurity to be deposited/submitted ( Rs. 10000 for Passport and Rs. 10000/- for PAN )

10. stamp paper of Rs. 500 for VAT and stamp of Rs. 25 for CST registration

3 Like

Aman Mehandi (Account Executive) (22 Points)
Replied 26 June 2011

anyone know the where is regisration office of Parnership firm in delhi?

amit shah (TAX EXECUTIVE) (34 Points)
Replied 10 June 2012

hi...

can anyone help me in firm registration in kolkata. it is engaged in real estate business.

kirtiraj poojary (operation manager) (21 Points)
Replied 16 October 2012

hiiii guys, i am plannig to open a TPA(third party admisnistrator), and there are two people,

i have to register for partership firm in mumbai,

so help me out with the procedure and individuals fees.

T.jay shankar (Student) (29 Points)
Replied 06 November 2012

Dear sir I want to apply for a PAN card for the Partnership firm and i also applied with relevant documents such as deed and trade licence to Karvy datamanagement centre. But when i tracked the status it is displaying the Registration number not provided. In the registration number column of PAN card i just filled the Trade licence registration number. Is it wrong? If wrong please help me sir what is the Registration number in case of Applying the PAN is the registration number of notary in partnership deed the registration number or what to do?