Registration of Firm / Documents Required
You can opt to register a Partnership Firm or Business in Pakistan. Partnership is provisioned and regulated under the Partnership Act, 1932. Owners of the Partnership Firm or Business are usually referred to as Partners. Minimum of 2 partners are required to form a Partnership Firm or Business. Partnership Firm or Business is usually recommended for persons who for a specific purpose, object and period are desirous to establish an entity.
Process of Partnership Firm Registration requires an application to be submitted to the respective District Registrar Firms in whose jurisdiction Partnership Firm is being established. Process of Partnership Firm Registration requires for submission of following documents:
- Partnership deed executed on non-judicial stamp elaborating rights and obligations of the partners against each other and any third party. All other necessary details are mentioned.
- Bank challan of prescribed Registration fee
- CNIC copies of all partners
- CNIC copies of witnesses.(02)
- Copy of all the above documents duly notarized by a notary public.
- Partners may have to physically appear before the Registrar Firms if required by him.
Registrar Firm process the application within 7 days after the application along with required documents for Partnership Firm Registration are filed with Registrar of Firms.
We at Accountax Centre assist our valued clients in process for Partnership Firm Registration before the Registrar Firms. We understand the concern of our valued clients and draft the partnership agreement to cover all the affairs of the partnership business and to secure the interest of our client. We on behest and sake of our client negotiate the terms and conditions of the partnership with the other partners.
Documents we require:
- Proposed name of your firm
- Nature and scope of business
- Full name and CNIC copies of partners
- Full name and CNIC copies of witnesses
- Investment amount by each partner
- Partnership Deed on non-judicial stamp paper worth Rs. 1,000/-
- Office address of the Partnership Firm
You may contact us in case if you have any questions regarding the process of partnership firm registration.