Process of registration for partnership
The Partners are required to finalise the terms between them like the profitability ration and other important points which is to be entered into the Partnership Deed.
The application form of the partnership is filled in prescribed form with the regional Registrar of Firms with prescribed Fees.
After submitting the documents and payment of the registration fee, the Registrar issues a Certificate of Incorporation.
Once the Certificate of Registration is issues by the Registrar, one must apply for the PAN of Partnership Firm.