As per Section 4 of the Indian Partnership Act: – “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.” A partnership firm is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed that may or may not be registered.
Proof of ownership or rent/lease of the location of your business.(e.g. Electricity Bill/ Water Bill or Rent/Lease/Leave and Licence Agreement of Business Place)
Copy of PAN Card of Partners
Copy of Aadhaar Card/ Voter identity card
Minimum 2 Partners
No fixed minimum Capital Requirement