- Self-attested copy of PAN card of Partners and Firm
What is ROF?
A Partnership Firm is a type of a business structure where two or more individuals manage and operate a business and agree to share profit and loss according to the terms and objectives Setout in the Partnership Deed.
A Partnership Firm is owned, managed, controlled and operated by an Association o People with an objective of earning profit.Partnership firms are relatively easy to start with and are favorite amongst small and medium-sized businesses in the unorganized sectors.
For Partnership Registration, you must agree on a firm name and then build up a partnership deed. It is a document expressing particular rights and commitments of the partners and to be substantial it should be written and not oral.
Documents Required For ROF Registration.
- Self-attested copy of Address Proof of Partners
- Utility Bill as Business Address Proof
- Rent or lease Agreement of Business Address (if place is rented)
- NOC from the owner of Business Place (if place is rented)
- Notarized Original Partnership Deed
- Notarized photos of Partners
- Application form in the prescribed format
- Any other documents as required by the Registrar
Steps
Of ROF.
Step 1All the previously mentioned records must be submitted to the Registrar of firms of the state
Step 2An authentication of Registration is then given, by the Registrar, and a duplicate should be given to all the accomplices
Step 3Likewise, a different enrollment with the Income Tax office is to be done to maintain any future problems and should get a PAN card and a bank account under the name of the Partnership firm
Benefits of Registration of Partnership Firm.
Why Partnership Registration?
Relatively Inexpensive
Minimal Compliance
Easy to establish
Audit not required
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Account
Details:
Account Holder: Form E Services
Account Number: 50200058593908
IFSC: HDFC0000101
Branch: Yagnik Road - Rajkot - Gujarat
Account Type: Current
Virtual Payment Address:9825444036@hdfcbank