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A partnership firm is a collaborative effort where individuals join forces as partners to run a business. The name they use for their operations is called the firm name. To create a partnership firm, you need at least two people. Unlike a company, a partnership firm doesn’t have a separate legal identity; it’s essentially a collective term representing the individual partners. The registration process happens under the Registrar of Firms within the relevant jurisdiction.
We at JLNR & Co, a Chartered Accountant firm have the expertise in setting up partnership firms. We provide the following services –
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Registration of the partnership firm
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Reconstitution/amendments to the firm
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Dissolution of partnership firm
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Preparing and Maintaining books of accounts as per Statute both offline and online
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Prepare deep-dive financial analysis for profit optimization on profitability, cost control, DuPont analysis, Economic value added, ABC, scorecard, pricing strategies, and cash flow management.
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File Income Tax returns for the firm and its partners
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Tax consultation, both Income Tax and GST
In case you need assistance in setting up a partnership firm in Bangalore, please write to support@jlnrco.com or call +91 76766 15955
Are you not looking for LLP’s ? Click below to find other forms of entity registration:
Other registration required after registration of partnership firm depending on business :
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GST Registration
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Registration under the Shops and Establishment Act
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Profession Tax Registration
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MSME | Udyog Aadhaar Registration
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Employee Provident Fund Registration (PF Registration)
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Employee State Insurance Registration (ESI Registration)
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STPI Registration or Non-STPI Registration
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Import Export Code (IEC)
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Trade License from local authority
