Partnership businesses are the most popular business constitution in the Indian scenario. The most popular form of business in Kerala is Partnership Firm, and thousand-plus partnerships are registered monthly at the Kerala EGROOPS portal. Partnership businesses/firms formed in India are under the control of “The Indian Partnership Act, 1932 “. All partnership firm businesses must have two or more partners, and it is a group activity to conduct commercial projects for profits for their partners. Online application for Partnership Firm Registration is made through the EGROOPS portal of Registrar of Firms, Kerala. A partnership firm may be registered or non – registered; there are no mandatory rules to register a partnership firm for its commencement of operations. A partnership is an understanding between two or more partners to achieve a common goal. Mainly partnership deeds are constituted for obtaining business / commercial goals. Get more information about Partnership Firm and its registration before entering the partnership deeds. Before doing the partnership activity, getting the best idea about the partnership business, statutory obligations, and other business affairs is essential.
PEAK Business Consultancy Services helps Partnership Firm Registration in Kochi, Ernakulam, and Kerala. We are the leading business registration consultants in Kerala. We incorporated over 300 start-ups as Partnership firms in Kerala and mostly in Kochi. We help entrepreneurs fulfill all the online procedures related to registering a Partnership firm in EGROOPS, Registrar of Firms, Kerala. Prepare Partnership deeds and register with the assistance of professional consultants of PEAK BCS. Connect us for service to get register businesses as a Partnership Firm.
The act describes the Partnership and partner as
“Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all
Persons who have entered into a partnership with one another are called individually “partners” and collectively “a firm,” and the name under which their business is carried on is called the “firm-name”
Deed drafting
One Time Professional Advisory
Price Exclusive of GST
Deed drafting
EGROOPS Registration ( Registrar of Firms)
One Time Professional Advisory
Price Exclusive of GST
EGROOPS Registration ( Registrar of Firms)
One Time Professional Advisory
Govt. Fees Includes
Price Exclusive of GST
Deed drafting & Printing
Stamp Paper Includes
PAN & TAN Application
MSME / Udyam Registration
Dedicated Professional Advisory – Registration & Compliance
Price Exclusive of GST
Deed drafting & Printing
Stamp Paper Includes
PAN & TAN Application
MSME / Udyam Registration
EGROOPS Registration ( Registrar of Firms)
GST Registration
Dedicated Professional Advisory – Registration & Compliance
Price Exclusive of GST
Deed drafting & Printing
Stamp Paper Includes
PAN & TAN Application
MSME / Udyam Registration
EGROOPS Registration ( Registrar of Firms)
GST Registration
6 Months- Dedicated Professional Advisory – – Registration & Compliance
Price Exclusive of GST
*All basic plans exclude Stamp charges and Deed Printing
** Maximum number of partners inclusive for all plans is 3, additional charges applicable for partners above 3 ( Plan 1 & 4 - Rs. 250 each, All others Rs. 750 each )
*All Prices are exclusive of applicable GST
Payment Terms :
Professional Plans - Pay in Advance
Assisted Plans - Pay advance as Stamp Charges + Govt. Fees + 50% of Professional Fees
Partnerships Firms in Kerala are registered under the registration department of the Government of Kerala. The registration department is one of the oldest departments in the state. The main objective of the registration laws is to provide proof of the documents’ dignity, promote the transaction, prevent fraud and transfer material, and provide security to the rights reserved in the event of loss or loss of original documents. The Department of Registration is the third rural resource source in the state exchequer after the sales tax and excise departments. Registration rules are not controlled by the regulator but rather by the principals.
For ease of doing business and simplifying the registration procedures of Partnership Firms and Societies, the department introduced a new portal known as EGROOPS (Electronic Governance for Registration of Partnership Firms and Societies). Every entrepreneur intent to register a partnership firm in Kerala must create a login in the egroops portal for online partnership firm registration at Ourtaxpartner.com to assist in registering a Partnership firm in Kochi, Kerala. We are consultants who help you to register a partnership firm in Kerala. Get connected with us to get free consulting services for Partnership Firm Registration.
“Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any acting for all.
Persons who have entered into a partnership with one another are called individually “partners” and collectively “a firm.” The name under which their business is carried on is called the “firm name.”
Indian Partnership Act of 1932 regulates and controls all partnership businesses in India. But the Partnership registration has come under the control of the concerned state government.
Where no provision is made by contract between the partners for the duration of their partnership or the determination of their partnership, the partnership is “partnership-at-will.”
Every partner is liable jointly with all the other partners and also severally, for all acts of the firm done while he is a partner.
Where, by the wrongful act or omission of a partner acting in the ordinary course of the business of a firm or with the authority of his partners, loss or injury is caused to any third party, or any penalty is incurred, the firm is liable therefor to the same extent as the partner.
The dissolution of a partnership between all the partners of a firm is called the “dissolution of the firm.”
Rs. 5000 stamp paper is required to register a partnership firm in Kerala. It will change State on State as per the prevailing stamp act in that State.
Partnership Firm Registration in Kerala has both online and Offline Processes.
First, we need to prepare a deed and register the partnership firm name, particulars of Partners, and Deed at Egroops (Electronic Governance for Registration of Partnership Firms and Societies).
Egroops is the official website for the online Registration of Societies and Partnership Firms in Kerala. Egroops is an online software system developed by the Centre for Development of Imaging Technology (C-DIT) for the effective registration of Societies to the public.
Ourtaxpartner.com is a leading business registration consultant in Kochi, Ernakulam, and Kerala. We provide the best service for Partnership Firm Registrations in Kerala. Call us to get the partnership firm registration service and related other compliances. Our office is located in Kochi, Ernakulam, and Kerala. Find us at Google Maps on https://g.page/Ourtaxpartner-com_Cochin?share
The minimum number of partners in a Partnership business is two, and the maximum number is 100 (previously, it was 50). A Partnership firm has no separate legal entity from its partners. So, each partner has unlimited liability, and partners’ assets also have legally liable against the Partnership debts and liabilities. All partners in the firm are entitled to participate in the management unless otherwise stated in the Partnership Deed. In a Partnership firm, a partner cannot transfer his interest without the consent of other partners. `A partnership firm can easily avail any trade name without pre-approval from the registrar of firms or similar authority. The Deed is the basic document and constitution of all partnerships; its daily affairs depend upon the clauses in the Deed. The partners of the firm or signatories of the Deed can decide the clauses that need to incorporate into the Deed apart from some basic requirements mentioned in the law.
In Kerala, Partnership firms are registered under The Registration Department of Kerala (Registrar of Firms, Kerala). For firms and society registration, the department introduced a new portal for partnership firm deed registration as an ease of doing business and simplifying the partnership firm registrations in Kerala, known as ” EGROOPS. ” Electronic Governance for Registration of Partnership Firms and Societies (EGROOPS) is the official website for the online Registration of Societies and Partnership Firms in Kerala. EGROOPS is an online software system developed by the Center for Development of Imaging Technology (C-DIT) for the effective registration of Societies and partnership firms to the public. Apply for online partnership firm registration in Form 1 after attesting the proper authority through the EGROOPS portal. After verifying the online Application in Form 1, The Registrar of the Firm issues the Partnership Registration certificate in FORM C with the Firm Registration Number, Date of registration, and Digitally signed by the Registrar of Firms, Kerala. The Registration fee for a partnership firm in EGROOPS is Rs. 500. Only online payment of fees is applicable
Subject to contract between the partners, the property of the partnership firm includes all property and rights and interest in a property originally brought into the stock of the partnership firm or acquired, by purchase or otherwise, by or for the partnership firm for the purposes and in the course of the business of the partnership firm, and also includes the goodwill of the business. Unless the contrary intention appears, property and rights and interest in property acquired with money belonging to the partnership firm are deemed to have been acquired for the partnership firm. All the affairs depend upon the clauses mentioned in the Partnership Deed. A partnership deed is the charter document/constitution of a Partnership firm. It is not mandatory to get register the partnership deed.
Subject to the contract between the partners, the property of the partnership firm shall be held and used by the partners exclusively for the business.
Egroops (Electronic Governance for Registration of Partnership Firms and Societies) is the official website for the online Registration of Societies and Partnership Firms in Kerala. Egroops is an online software system developed by the Centre for Development of Imaging Technology (C-DIT) for the effective registration of Societies to the public.
The services providing Egroops are New society registration and New firm registration. Society Status, Firm status. Download forms etc., can be done in Egroops.
1. ) According to the law to which he is subject, a person who is a minor may not be a partner in a partnership firm, but, with the consent of all the partners, for the time being, he may be admitted to the benefits of the partnership firm.
2. ) Such minor has a right to such share of the property and the profits of the partnership firm as may be agreed upon, and he may have access to, inspect and copy any of the accounts of the partnership firm.
3. ) Such a minor’s share is liable for the acts of the partnership firm, but the minor is not personally liable for any such act.
4. ) Such minor may not sue the partners for an account or payment of his share of the property or profits of the partnership firm, save when severing his connection with the firm, and in such case, the amount of his claim shall be determined by a valuation made as far as possible by the rules contained in section 48:
Provided that all the partners acting together or any partner entitled to dissolve the partnership firm upon notice to other partners may elect in a such suit to dissolve the partnership firm. Thereupon the Court shall proceed with the suit as one for dissolution and settling accounts between the partners, and the amount of the share of the minor shall be determined along with the partners’ shares
5. ) At any time within six months of his attaining majority or of his obtaining knowledge that he had been admitted to the benefits of partnership firm, whichever date is later, such person may give public notice that he has elected to become or that he has elected not to become a partner in the partnership firm, and such notice shall determine his position as regards the partnership firm:
Provided that, if he fails to give such notice, he shall become a partner in the partnership firm on the expiry of the said six months.
6. ) Where any person has been admitted as a minor to the benefits of partnership in a partnership firm, the burden of proving the fact that such person did not know such admission until a particular date after the expiry of six months of his attaining majority shall lie on the person asserting that fact.
7. ) Where such a person becomes a partner –
his rights and liabilities as a minor continue up to the date on which he becomes a partner, but he also becomes personally liable to third parties for all acts of the firm done since he was admitted to the benefits of partnership firm, and
his share in the property and profits of the firm shall be the share to which he was entitled as a minor.
8. ) Where such a person elects not to be to become a partner, –
his rights and liabilities shall continue to be those of a minor under the section up to the date on which he gives public notice;
his share shall not be liable for any acts for the partnership firm done after the date of the notice; and
he shall be entitled to sue the partners for his share of the property and profits by sub-section (4).
PEAK Business Consultancy Services is one of Kerala’s leading business registration consultants. We help startup businesses register a partnership firm in Kerala at a low cost with professional assistance. We help to register partnership firms in all towns and cities in Kerala like Ernakulam, Kochi, Thrissur, Palakkad, Malappuram, Kozhikode, Kannur, Wayanad, Kasaragod, Kottayam, Idukki, Alappuzha, Pathanamthitta, Kollam, Thiruvananthapuram. Anyone can find us on google at ” PEAK bcs. “