Most important thing while starting partnership firm is to decide terms and conditions of working and sharing. Therefore, among all partner there must be mutual agreement for each term before initiating process of registration for firm. Such Deed need to be print on Stamp paper or Franking is required.

Once all partners agreed with terms decided mutually, Experienced Partnership Firm Registration Consultant will prepare finalised partnership deed.

Finalised partnership deed need to notarised before legally authorised notary person. All Partners PAN and Identity need to attached with Deed. All Partner will sign before Notary.

After Notarisation of Deed, First we need to apply for PAN from Income Tax Department. Further, Bank account with name of partnership firm need to be open for doing financial transactions.

According to type of business activity and requirement partnership firm must obtain license & registrations. example, PSARA for Security Agency Business, Food License, Import Export Code, Goods and Services Tax Registration, etc

Partnership firm required to maintain books of account on compulsory basis. Also income tax return Filing is mandatory for partnership firm. thus partnership firm must file return on due time.