Step 1: name approval
The applicant before initiate the registration process, should get the name approval from the central government, because once the business reaches success we can avoid certain legal issues.
Step 2: Draft a partnership deed
In partnership firm drafting a deed is must, in this document they mentioned the sharing ratio and the objective and certain legal records in it
Step 3: Applying a PAN card in the partnership name
Need to apply PAN card in the name of partnership firm to the income tax department, applying PAN is the requirement to fulfil the obligation of the taxes
Step 4: filing a registration application:
In this section we have to mention the details about the company, the business nature and the commencement of the business
Step 5: submit the required documents:
For further steps we have to submit the required documents to register the partnership firm
Step 6: certificate from the registrar:
After examine the documents, the registrar issue the documents. The firm will be recorded in the register of firms.