Partnership Firm Registration in Manipur

Overview

Eligibility Criteria Online Offline Why Vakilsearch FAQs Overview The procedure for formally registering a partnership business in the Indian state of Manipur is complex. It entails requesting a registration certificate under the Indian Partnership Act of 1932 from the Registrar of Firms. The registration guarantees that the business is acknowledged as a distinct legal entity and offers its partners legal protection. The procedure includes giving the Registrar of Firms the required paperwork, such as the partnership deed and partner identity confirmation.

Documents Required

• Details of the partners
• Nature of business
• Working of business
• Capital contribution
• The ratio of profits to be shared
• PAN card
• Aadhar card
• Driver’s license
• Passport
• Voter ID
• Sale deed of partner's own place
• Rental agreement copy
• Last 3 months electricity bill

Benefits

• Protection of Personal Assets: Partners' personal assets are protected in the case of any legal liability or debt
• Easier to Raise Funds: A registered partnership firm is more credible and can easily raise funds from banks and financial institutions
• Easy Transfer of Ownership: In case of a change in partners, the registration process makes the transfer of ownership easier
• Tax Benefits: Registered partnership firms are eligible for certain tax benefits and deductions.

Eligibility Criteria

• A partnership firm registration online must have at least two partners
• Partners must be at above 18 years of age
• Partners must be residents and citizens of India
• The company's name must be distinct
• All partners must sign a partnership deed
• The partnership deed online must be registered
• The company must conduct legitimate business operations.

Online

The process of opening a partnership firm is very easy. It involves registering your partnership firm under the Registrar of firms under the State Government. Vakilsearch can complete the registration in the following steps:

• Step 1: Talk to Our Experts

  Our team of company incorporation experts can clarify all your queries regarding the process. You can provide all the required documents directly to our experts.

• Step 2: We Will Prepare the Documentation

  • Our team will draft the partnership deed in 3 days
  • Apply for Permanent Account Number (PAN)
  • We will get the Tax Detection and Collection Account Number (TAN)
  • On request, we will also complete GST registration.

• Step 3: Partnership Firm Registration

  After receiving all the documentation, our experts will register your firm by filing the documents. The incorporation certificate will be provided after registration.

Offline

• Step 1: Fill out the application form completely, then submit it to the state's Registrar of Firms together with the required fees
• Step 2: Affix the apt documents to the form
• Step 3: Post verification the registrar will provide the incorporation certificate.

Why Vakilsearch

Vakilsearch is a trusted and reliable partner for partnership firm registration services in Manipur. Our team of experts is well-versed in the laws and regulations governing partnership firms and will work closely with you to ensure that your registration process is quick, hassle-free, and compliant with all legal requirements.