Licenses Required
Licenses Required
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.
Acknowledgement
Payment