Why Should a Partnership Firm be Registered?
Partnership registration becomes common if you begin a business with other persons as partners. The partnership deed is vital for new ventures. Let us take a look at the procedure and needs for partnership deed along with certain benefits.
How to register a partnership deed
Create a partnership agreement.
Notarize the partnership agreement that has been drafted
The Registrar of Firms must verify the agreement
Pay the required filing fee
Procedure:
A Partnership Firm is registered under the local Registrar of Firm (RoF). The format may change from state to state. Therefore, let us see the common format of the agreement(online):
A Drafting of Partnership Deed must be drafted under the Indian Partnership Act, 1932.
After the deed being verified by the professional...