Partnership firm registration in tamilnadu
Registrar of firms chennai south
Registrar of firms tamilnadu login!
Important steps for partnership registration?
Partnership registration starts with the preparation of a partnership deed and following other steps to register the firm, in this article, we have given the sequential process for partnership deed registration in Chennai.
Briefly, there are three parts to partnership firm setup and registration, it starts with the preparation of the partnership deed, partnership deed registration with the registrar of the firm, and application for PAN and TAN number.
What is a partnership deed?
A partnership deed is a legal document drafted as per the Partnership Act 1932, it is the primary document that contains terms of partnership business, nature of business, profit sharing ratios, etc.
While drafting a partnership deed the provisions of the Income Tax Act 1961 regarding remuneration to partners, and interest should be considered.
For partnership deed preparation, a minimum of two partner data is required, all the partners should be Indian citizens and should have attained the age of 18 as of the date of admission to the partnership firm.