Partnership Firm Registration in Chennai

Smart auditor is the best consultant who provides Partnership firm registration in Chennai with the guidance of eminent professionals. We have extended our service wings in Adayar, Guidy, Mylapore, Saidapet, Porur, Purasaivakkam and Chromepet. We offer our services by following the updated rules and regulations of the Government. Smart auditor is a registered consultant and a trustable service provider who offer services at an affordable cost. Our primary objective is to satisfy the customers’ business expectations and to give 100% efficiency to reach the destination.

Two or more persons who work together is called partnership; a group of people working together is represented as partnership firm. Partners may share their profits and loss in an agreed ratio. The rules and regulations will be mentioned in the partnership deed. The partnership firm is registered under the partnership act 1932. In partnership firm, minimum 2 and maximum 10 members for a banking sector and 20 members for the non-banking sectors are requiring to start a partnership firm. Liability of a partner is unlimited and there is a contractual relationship between the partners. The registration process of partnership firm is easy and quite comfortable when compared to other form of business entities.

Documents required for Partnership Firm Registration
  • Partnership Deed
  • PAN card and Address proof of partners
  • Address Proof of firm
  • GST Registration documents
  • Identity proof of all partners
  • Current bank account

Documents Required for Partnership Firm Registration
  • Ability to file case against Third Parties
  • Power to file suit against co-partners
  • Ability to claim Set-off
  • Higher Credibility
  • Conversion of Entity
  • Less formal and fewer legal obligations
  • Easy to commence
  • Compared to sole trader ship, the burden of work is less
  • Better decision making
  • Unlimited liability