start partnership business

Aadil (Querist) 12 February 2011 This query is : Resolved
i am going to start the business,
so plz help to me with the legal processor.
i want to know that what thing should we have to make first i.e partnership deed or R.O.C or something else
plz help to solve out my query as soon as possible.

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Y V Vishweshwar Rao (Expert) 12 February 2011
You have to execute a Deed of Partnership - it will be prepared by Your local Area Chartered Accountant by taking care of Taxation!

Kirti Kar Tripathi (Expert) 12 February 2011
I agree with Mr. Rao.

malipeddi jaggarao (Expert) 14 February 2011
ROC is no way concerned if you establish a Partnership firm. As Mr.YVV Rao rightly pointed contact a CA who can do everything. The partnership can be registered with Registrar of firms and registration is optional.

M V Gupta (Expert) 14 February 2011
I would like to add taht though registration of the Firm is optional, it is always advisable to register the Firm with the Registrar of Firms as non registartion of the Firm would result in legal bar to the firm from filing suits or other legal proceedings in courts to recover its dues etc.

Aadil (Querist) 14 February 2011
thanks a lot to all

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