Partnership CFO Horizon
Looking for Partnership Firm Registration?
Let CFO Horizon Handle it.
While we call you, get some insights into what you are getting into.
At CFO Horizon, we provide comprehensive accounting and compliance services designed to empower partnership firms like yours to thrive and succeed.
Decoding Partnership Firm
- A partnership firm is a dynamic business entity created by individuals who have come together to share profits and losses. It is ideal for small enterprises seeking simplicity and minimal regulatory compliance.
- In India, partnerships are widely prevalent due to their ease of formation and flexibility. According to the Indian Partnership Act 1932, the crucial criterion to commence a partnership is the finalization and execution of a Partnership Deed between the partners.
Unregistered Partnership: Know the Facts
It is important to note that unregistered partnerships have certain limitations under Section 69 of the Partnership Act.
Partners of an unregistered firm cannot file suits in court for enforcement of rights arising from contracts or the Partnership Act.
Allow us to fully protect your rights and enjoy the benefits of a Partnership Firm
Unlock the Benefits of Partnership
Ease of Setup
Partnership firms can be formed within 2 to 4 days with an unregistered deed.
Registering the deed provides additional benefits and safeguards.
Minimum Compliance
Enjoy a hassle-free business journey with minimal compliance requirements for most partnership firms.
Inexpensive Process
Our streamlined process involves minimal fees and paperwork tailored to the specific regulations of your country, state, or province of residence.
Fast Decision-Making
Partnership firms benefit from faster decision-making processes, eliminating the need for passing resolutions. Partners can undertake any business activity with the consent of fellow partners.
Sense of Ownership
As partners, you collectively own and manage the firm’s activities, fostering a strong sense of ownership and a common purpose.
Raising Funds
Partnership firms have the advantage of raising funds quickly compared to sole proprietorship firms, providing opportunities for growth and expansion.
Key Registration Services: Tailored to Your Needs
01
MSME Registration
Establish your partnership’s credibility by obtaining MSME or Udyog Aadhaar registration from the Ministry of Micro, Small, and Medium Enterprises.
02
Import Export Code
If your partnership engages in import or export activities, we can assist you in obtaining the Import Export Code (IE code) from the Directorate General of Foreign Trade (DGFT).
03
TAN Registration
Ensure compliance with the Income Tax Act by obtaining a Tax Deduction and Collection Account Number (TAN) if required for TDS deductions.
04
Shop & Establishment License
If your partnership firm meets the criteria, we can help you obtain the necessary Shop & Establishment license.
05
Current Account
Open a dedicated bank current account in the name of your partnership firm to streamline your financial operations.
06
PAN of Partnership Firm
We’ll assist you in applying for a PAN for your newly constituted partnership firm, enabling seamless financial transactions.
07
FSSAI Registration
For partnerships involved in selling or handling food products, secure FSSAI registration from the Food Safety and Standards Authority of India (FSSAI).
08
GST Registration
If your partnership firm crosses the GST turnover threshold, obtain GST registration to comply with the tax regulations. We’ll guide you through the process seamlessly.
Applicable Taxes and Annual Compliance
Our comprehensive services cover all aspects of tax and annual compliance, ensuring peace of mind and smooth operations:
GST Return
We handle the timely filing of your GST returns, keeping your partnership firm compliant with tax regulations.
Income Tax Return of Firm
Our experts prepare and file the income tax return of your partnership firm, ensuring accurate and timely compliance.
TDS Return
If your partnership firm is required to deduct TDS, we prepare and file TDS returns as per the Income Tax Act 1961.
Tax Audit and Financial Statements
We assist in tax audits as required by the Income Tax Act of 1961 and prepare accurate financial statements for your partnership firm.
Sale and Purchase Invoice Documentation
Our team ensures meticulous documentation of sale and purchase invoices, maintaining accurate financial records for your partnership firm.
Self-Assessment Tax
We guide you in calculating and paying self-assessment tax based on your partnership firm’s profits.
How to Get Started with Partnership?
Fill Form
Simply fill out the above form to get started.
Make Payment
No additional compliance in most cases
Our Expert Will Start the Process
Our expert will connect with you & advise on documents.
Documents Required
PAN Card and Address Proof
Submit the PAN card and address proof of all partners involved in the partnership.
Proof of Principal Place of Business
Provide the necessary documents establishing your partnership firm’s principal place of business.
Affidavit
Submit a specimen of an affidavit certifying the accuracy of the partnership deed and accompanying documents.
Application for Registration of Partnership (Form 1)
Complete and submit the application form for partnership registration.
Certified Original Copy of Partnership Deed
Include the certified original copy of the partnership deed, outlining the terms and conditions agreed upon by the partners.
Why CFO Horizon?
Startup Friendly
10k Business Registration & Counting
Affordable & Transparent
No Hidden Fee
Secure online payment
On-Time Deliver
We value time and hence would never miss a deadline
150+ Experts
A massive team of experts is just a call away!
100% Confidentiality
We maintain a high level of confidentiality of client information & information security management.
Live Status
You can track your Status of services live, which brings clarity and reliability to our system.
Our 20 Years of Experience Says
Companies that focus more on their business and outsource the Financial liabilities to us are more successful than those who went DIY.
Let CFO Horizon do what we’re good at, and You do what you are good at!