Licenses Required

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 9

LICENSES REQUIRED

1. Partnership Registration
2. PAN Card
3. TAN No.
4. General MCD Trade License
5. Registration under Shops and Establishment Act.
6. GST Registration

1) Deed of Partnership
A Partnership Deed is a record in which the terms and conditions of the members of
a partnership are included. The Partnership deed consists of the following components
as below:
 Both Firm and Partners address as well as name.
 Nature of Business of the Firm.
 Commencement date of business or firm.
 The duration of Partners (whether for a project/ fixed period).
 Profit distribution ratio among the partners.
 Capital contribution from each partner.
The components specified above are the essentials that are needed in all partnership
deeds. If required, the partners may also cover any further clauses. Some of the
additional provisions which can be involved in the deed of the partnership are listed
here:
 Interest on Partners’ Loan, Partner’s Capital and Interest, if any.
 Commissions, Salaries, etc., if any, are chargeable for partners in the firm.
 The process of making accounts and audit arrangements.
 Division of responsibility and task, i.e. the powers, duties, and commitments by
all the partners in the firm.
 Rules and Regulations in case of retirement, death and admission of a partner.
Documents Required
To apply for partnership firm registration in Delhi, produce the following documents
along with the application.
 Form No.1 duly filled and affixed Rs.3 court fee stamp. 10th (delhi.gov.in)
 A photocopy of the Partnership deed on minimum stamp paper of Rs.200 if the
initial paid-up capital is nil, if not, then 1 % of the paid up capital.
 Ownership Proof of Principal Place (any one of the following)
 Registered document of the property
 Water bill.
 Electricity bill in the name of the property owner.
 Affidavit stating that all details in deed and documents are correct, on Rs.10
and Rs.5 Notary stamp.
 Rent agreement (If rented property).
 Residential proof of all the partners (any one of the following)
 Voter card.
 Passport.
 Driving Licence.
 Affidavit/NOC on Rs.10 and Rs.5 Notary stamp and ownership proof of other
places (if mentioned in Form no.1).
Note: All the above documents require an attestation from the Advocate Notary or
C.A. with the Registration number.

Partnership Firm Registration Procedure


To apply for the partnership firm registration certificate in Delhi, kindly follow the
steps given below:
Step 1: Approach the Concerned Registrar
The applicant has to approach the concerned Registrar with the application; affidavit
in a prescribed format along with all supporting documents needs to be submitted.
Note: Also download the Partnership Firm application form in the PDF from the
official website. 10th (delhi.gov.in)
Step 2: Complete the Details
Now, fill in all the mandatory details, such as Firm details and Partners of the firm.
Step 3: Submit the Application Form
Then attach all the supporting documents with the form and submit it to the office.
Step 4: Collect the Application ID
After submitting the form, collect your application I.D., and that can be applied for
future reference.
Step 5: Issuance of Certified Copies
The concerned authority, the Registrar, will process the Partnership firm Registration
request, and after successful verification, the Registrar will issue the documents.
2) PAN Application:
Visit this Sit: onlineservices.nsdl.com/paam/endUserRegisterContact.html
And apply,
depends upon the conditions and availability, it can be delivered within 20-25 Days.
The government charges a fee of Rs 1011.00 [ (Application fee + Dispatch Charges
Rs. 857) + 18.00% Goods & Service tax] for new PAN application. (APPROX).
3) Tax Deduction and Collection Account Number / TAN Card

Apply Online: Request For TAN (nsdl.com)


Application Procedure:

Acknowledgement

Payment

Who is eligible to make payment- Any Partner.


Submission of Document.

No Physical Card is made, simply a TAN no. is generated.


4) General MCD Trade License:
Available already. However, the same is expired as it is only valid upto 1 year.
Procedure for Renewal:
Login with Existing Registered No.
5) REGISTRATION UNDER SHOPS AND ESTABLISHMENT ACT

Visit this site:


Online Registration (labourcis.nic.in)
Click on Online Registration.
Fill out Details:

Choose Category as “Retail Trade or Business”.


Then a Registration Page will open:

STEP NO. 3: - Payment for Shop Establishment registration fees in delhi


@ 1800/- INR.

STEP NO. 4: - VERIFICATION


STEP NO. 5: - Issuance of certificate.
6) GST REGISTRATION.
 Eligibility for GST Registration: For Service Providers: Those with an
aggregate annual turnover surpassing Rs. 20 lakhs. For special category states,
this limit is Rs. 10 lakhs.

Visit this site: Goods & Services Tax (GST) | Registration


Fill out details.
Generate a TRN no.
Return to GST site, and use the TRN No. and fill out captcha and all the other
necessary details.
Upload the Following Documents:
 PAN card of the firm and all the partners
 Aadhar card of the authorized signatory
 Photographs of all the partners and the authorized signatory (in JPEG format,
maximum size – 100 KB)
 Bank account details of the firm
 Address proof of the principal place of business and the partners
 Partnership deed
 Proof of appointment of the authorized signatory
 In case of LLP, registration certificate or board resolution of LLP
After all this, EVC (Electronic Verification Code) will be sent to your Phone.
A Success message will be sent and Application Reference No. (ARN) will be
generated.
Track status, you’ll generally receive the GST No. within 7 Days.

You might also like