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Two Friends and a Business Idea? Time to Make It Official!

Two Friends and a Business Idea? Time to Make It Official!” 💼🖋️

💬 Client Question:
"We’re starting a business together. What’s the legal way to register a partnership firm in India?"
#PartnershipFirmIndia #BusinessRegistration #StartupIndia #LegalPartners #EntrepreneurshipIndia

📢 Short Answer:
Forming a partnership is more than a handshake and dreams. 🫱🫲 You need a Partnership Deed, PAN, and proper registration to avoid future drama and legal hiccups! 🎭📑
#PartnershipDeed #FirmRegistrationIndia #StartABusinessIndia #LegalStartupGuide

🧭 Steps to Register a Partnership Firm in India:
1️⃣ Draft a Partnership Deed:
📄 Mention partners, capital, profit-sharing ratio, roles, and duties
2️⃣ Get Deed Notarised or Registered (recommended):
✍️ Optional but preferred to register with the Registrar of Firms
3️⃣ PAN & Bank Account:
🏦 Apply for firm PAN and open a current account
4️⃣ Register under Shops & Establishments Act:
🏬 Especially required if operating commercially
5️⃣ Apply for GST (if applicable):
💰 Mandatory if turnover exceeds threshold
#StartupsIndia #LegalStructureBusiness #MSMERegistration #EntrepreneurLegalHelp

💡 Why Register a Partnership Firm?
✔️ Legal proof of existence
✔️ Clarity on rights, roles, & liabilities
✔️ Makes fundraising & loans easier
✔️ Builds business credibility
#BusinessStructureIndia #PartnershipVsProprietorship #RegisterYourStartup #StartupComplianceIndia

😂 Client: “Can we just do a verbal deal and trust each other?”
Lawyer: “Sure, if you also want to trust the judge when it all falls apart!” ⚖️👀

👨‍⚖️ LEXIS AND COMPANY assists in drafting airtight Partnership Deeds, getting firm registration, PAN, GST, and guiding you legally through your startup journey. Because every great business needs a great legal beginning! 🚀📋

📞 Need help registering your firm today?
Call: +91-9051112233
🌐 Website: https://www.lexcliq.com
#LexisAndCompany #LegalStartupSupport #Lexcliq #TrustedLegalAdvisorsSince2015 #PartnershipDeedDrafting #BusinessFormationExperts #RegisterYourBusinessIndia #StartupLawyersIndia #LegalHelpForEntrepreneurs

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