1. Preparation Before Registration
- Choose a unique name for the partnership firm.
- Draft a partnership deed signed by all partners.
- Ensure the deed includes business details, capital, and roles.
- Arrange for stamp paper of appropriate value as per state laws.
- Notarize the deed if required under local regulations.
2. Filling the Registration Application
- Fill Form 1 prescribed under the Indian Partnership Act, 1932
- Include firm name, business location, partner names, and joining dates.
- Submit the form to the Registrar of Firms of the concerned state.
- Attach a certified copy of the partnership deed.
- Ensure all partners sign the application as required.
3. Submission of Documents
- Submit Form 1 along with the partnership deed and fee receipt.
- Provide proof of business address, such as a rental agreement or utility bill.
- Include identity and address proof of all partners
- All documents must be submitted to the Registrar of Firms.
- Preserve acknowledgement for tracking and reference.
4. Review and Approval by Registrar
- The Registrar verifies the application and the enclosed documents.
- Corrections or clarifications may be requested if needed.
- Once satisfied, the Registrar approves the registration.
- The firm has been entered into the Register of Firms.
- A Certificate of Registration is issued upon successful approval.
5. Post-Registration Considerations
- Use the registered name and address for official communications
- Display the registration certificate at the business premises
- Amend the deed or re-register if there are major changes.
- Inform the Registrar about partner changes or dissolution.
- Maintain proper records as required under the Act.
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