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A to Z of Partnership Firm | Registration, Compliances, Partnership deed | Business Basics #3 

Labour Law Advisor
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Are you planning to start a new partnership firm? This comprehensive video will guide you through the process and highlight the essential documents and prerequisites you need to be aware of.
Starting a partnership firm involves several legal and procedural steps. In this video, we will cover the key aspects you must consider before starting this business venture.
This video will provide a step-by-step guide on how to start a partnership firm.
Chapters:
00:00 Introduction to partnership
02:03 Partnership Firm Kaise Bayne?
02:28 Who can become a partner?
03:27 Number of Partners?
03:45 How to decide on Firm Name
04:41 How to make Partnership Deed
07:07 Documents Required for Partnership firm
08:10 Registered vs unregistered partnership
11:26 Capitalization of partnership firm
14:30 Taking Money Out of partnership firm
17:47 Profit share of partnership firm
18:51 How to Alter Partnership Deed?
20:27 Compliances for partnership firm
27:21 Dissolution of partnership firm
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Business Basic Episode #01 | Which business entity to choose? : • How to start a Busines...
Business Basic Episode #02 | Proprietorship: • Proprietorship Firm Fu...
Business Basic Episode #03 | Partnership: • A to Z of Partnership ...
Business Basic Episode #04 | HUF: • Save 2x Tax with HUF |...
Business Basic Episode #05 | Pvt. Ltd.: • PVT LTD Anoop Bhatia
Business Basic Episode #06 | OPC: • Is "One Person Company...
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#LLA #businessBasics #Partnershipfirm

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22 июл 2024

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Комментарии : 321   
@LabourLawAdvisor
@LabourLawAdvisor 3 года назад
Hax to Save Tax: www.taxplanningforsalariedemployees.com 💸DEMAT Account: link.lla.in/Demat File ITR: link.lla.in/Tax
@nikhildureja2488
@nikhildureja2488 3 года назад
I am asking out of the video question but main apki rti pe video dekhi ..mujhe huda department ko rti likhni hai to us video main apne wo passport ke liye rti lagayi to main uski acc likh sakta hu?
@nikhildureja2488
@nikhildureja2488 3 года назад
Plsss help and guide me ...I will be so thankful to you
@mirzaumar6858
@mirzaumar6858 2 года назад
Could you tell me how unregister partnership firm apply for PAN
@rasheedquerishe
@rasheedquerishe 2 года назад
@@mirzaumar6858 with the help of shop and established act certificate you can apply for PAN card
@chennabharghavkumar8671
@chennabharghavkumar8671 2 месяца назад
I'm an employee of a MNC company. Can I be as a silent partner in a partnership firm?
@successfulmanifester_2229
@successfulmanifester_2229 4 месяца назад
Millions of trillions of thanks to you man ... For last 2-3 months I was meeting people to get the answers but got right answers here on your channel only.
@roeydaz
@roeydaz 11 месяцев назад
My son is due to enter into a partner ship and my CA explained this to me yesterday, but now thanks to your video lesson it is crystal clear. Thank you sir.
@anandpawar8706
@anandpawar8706 Год назад
Aap log bahut achha kam kar rahe h,main thodi der pahle mandeep ki video dekhi ab aapki,paisa to hr koi kama hi leta h pr aap ek tarah ka paropkar kr rahe,meri aapki team ko shubhkamnaye,jay hind
@darshanparikh4136
@darshanparikh4136 3 года назад
Need to correct on a point No. Of partners 10 and 20 criteria is old one and new one is 50 for any business. No. of partners is given in Companies act and not in partnership act
@raghavkapoor5663
@raghavkapoor5663 3 года назад
As per Section 464 of Companies Act, 2013; read along with Rule 10 of Companies (Miscellaneous) Rules 2014, the maximum number of partners in a partnership firm can be 50.
@saubhagyasaxena8770
@saubhagyasaxena8770 Год назад
Act mein 100 hai rule mein 50 to act prevail krega to 50 nhi 100 hoga
@nexterplayz882
@nexterplayz882 Год назад
​@@saubhagyasaxena8770 nhi bhai 50 hoga
@mulrajpatel180
@mulrajpatel180 Год назад
Partnership firm me companies act kaha se aa gaya ?
@Adityasingh-vm6xc
@Adityasingh-vm6xc 3 года назад
LLP and Pvt very nice video best video I understood everything 🙏🙏👍👍👍
@dpcreations5881
@dpcreations5881 2 года назад
Sir best ever channel I see in my life Tq soo much sir
@ashwin0985
@ashwin0985 2 года назад
Very Good Information Sir, I found it very Educational & informative.
@Rohit_Raut1
@Rohit_Raut1 Год назад
Thanks for Rap, it was epic enough 😂😂 I was feeling sleepy orr videos dekhte dekhte
@amankumarsha8936
@amankumarsha8936 2 года назад
wowwwww that was unexpecting bhut acha laga aaplo ka song ,🤗🤗🤗🤗🤗
@Jungkook_BTS__
@Jungkook_BTS__ 2 года назад
It was seriously Great...thanku so much sir...u doing great work 💜💐
@accountanttraining.3071
@accountanttraining.3071 Год назад
What a Video sir, 🤩🤩 Thankyou soo much🙏 You clear my all doubt
@vishalmaheta7708
@vishalmaheta7708 3 года назад
Plz, make your next video on Provide information about the *trust for school*. very informative and interesting. please please HIGHLY Request Thank you Rishabh Sir🙏🙏, Anup Sir 🙏🏻🙏🏻 , and your Team
@mukeshmanori7935
@mukeshmanori7935 3 года назад
Superb superb explanation.... Thanks👌👌
@ananygoel1703
@ananygoel1703 3 года назад
Gst is mandatory for making inter state sales even when turnover kimit is not reached... and also if we take services mandatory under reverse charge
@SameerAnsari-gh9sh
@SameerAnsari-gh9sh Год назад
Video part me bat diya hai, Very Nice.
@bhnuc
@bhnuc 3 года назад
Aur to sab badiya tha par RAP to dil hi le gaya.😎
@ps.15_
@ps.15_ 3 года назад
As a company secretary student It is very easy to understand 😃
@Bhawana_Gourisariya
@Bhawana_Gourisariya 3 года назад
Yehh...Same here...🤘😎
@ps.15_
@ps.15_ 3 года назад
@@Bhawana_Gourisariya are you in executive level
@Bhawana_Gourisariya
@Bhawana_Gourisariya 3 года назад
@@ps.15_ ..yes
@ShubhamSharma-zj2fw
@ShubhamSharma-zj2fw 3 года назад
Exactly 😅
@ps.15_
@ps.15_ 3 года назад
@@ShubhamSharma-zj2fw Cs rocks😎
@babyshachobe7632
@babyshachobe7632 Год назад
Thank you sir for giving valuable information 🙏🙏
@Creative_Gourav
@Creative_Gourav 2 года назад
thank you sir for making this video 🙏🏻🙏🏻🙏🏻🙏🏻
@pravinchoudhari4782
@pravinchoudhari4782 3 года назад
Excellent sir very knowledge video
@deepakpeety1773
@deepakpeety1773 2 года назад
Thanks, this was helpful... Need some more clarity on cash transactions i.e. Sec 44AD; didn't understand that 6/8% slabs. Would you pls elaborate on this or direct me to links where i can get this info?
@ShahzadKhan-qk2nn
@ShahzadKhan-qk2nn 2 года назад
Well explained. Very good video
@TheRepublicPress
@TheRepublicPress Год назад
Very good and useful information. Sir, please also make comprehensive video on Section 8, of Company Act.
@SagMahajan
@SagMahajan Год назад
Most comprehensive video found on this topic, have you made the video for dedicated for LLP later?
@RahulKaveeshwar
@RahulKaveeshwar 2 года назад
after an active partners demise when adding another working partner based on goodwill to run the show how should one execute this smartly when the business is of silent partner and HUF?
@shekhjamsherali7486
@shekhjamsherali7486 2 года назад
Bhai Song kya jordar hai... Bantai diiss Karega 😀😀😀
@Avadhesh95
@Avadhesh95 3 года назад
Both partners are equal in llp or one can avail more benefit like becoming a director?
@nishant205
@nishant205 Год назад
What are the steps to modify partners profit sharing ratio. Can it be done anytime during the year or at the starting of financial year
@arpitsharma009
@arpitsharma009 2 года назад
Bhai Very Nice Information, Can 2 People Make Partnership Deed in Audio Or Video Conference. Each Side (entity) will keep a Copy of recording for there reference Anytime. Can All Discussions recording kept by both sides can be Considered as Legal if they declare it in their Firm's official Documents keeping Recording in CD/DVD signed by all Partners in their Office in a Locked Case having two keys(both required to open it). Please check and Reply
@mohammadzafar1536
@mohammadzafar1536 2 года назад
Sir kya pesticide aur seed ka bade paimane ya wholesale ka kaam karne ke liye partnership firm ka registration kara sakte hain? Jabki agriculture department license sirf us ek person ke naam issue karta hai
@sunilgavade6580
@sunilgavade6580 9 месяцев назад
For initial start-up going for Private Limited Company (PLC) or Partnership Firm is good ? Looking for your valuable inputs
@apoemadaywithkk4660
@apoemadaywithkk4660 2 года назад
If I go for sole proprietorship, but want to show a team on my website, does that work?
@viveksinha5597
@viveksinha5597 3 года назад
How to exit partnership firm if the other partners not mutually agreeing and there is nothing specific mentioned in the deed about exit??? There is some dispute between the partners and one partner doesn't want to continue. How to exit?? Please help sir.
@DemonBaba
@DemonBaba 2 года назад
Great i just want to know kya partnershipfirm ko trading and investing ke liye use kar sakte hai like I'm trader and investors but for huge volume trading my CA told me to get corporate accounts and trade over their if you want to trade in crores now I'm confuse in partnership firm , corporate accounts / company
@risabh_01
@risabh_01 2 года назад
I have a query , I have already two Proprietorship firm registered under my name and my sister who is willing to be my partner under a XYZ Company, so is it possible to open a partnership firm and carry all the 3 different business separately and file the tax to the government. Please show some light to me
@sumitism
@sumitism Год назад
5:42 I cannot find Sample Partnership Deed in description! Please help
@Palrajeev25
@Palrajeev25 Год назад
Plz provide the link for the next lecture of this series ie how to incorporate llp
@rupaljain27
@rupaljain27 10 месяцев назад
Doesn't GST help in getting tax credit back on assets like car, laptop,etc?
@MohammedRiyaz3143
@MohammedRiyaz3143 Год назад
Thnk u so much for this video. I want to ask u here First it was partnership firm after disputes one partner left and now there is only one person. So now I want to change ith constitution from partnership to proprietorship need to change PAN also.
@kailashbhardwaj3278
@kailashbhardwaj3278 2 года назад
वेरी यूजफुल वीडियो सर
@priyanshukhare6652
@priyanshukhare6652 2 года назад
Intro rap song was literally amazing 🤩
@DeepakVerma-oh1ki
@DeepakVerma-oh1ki Год назад
Sir,merit partnership firm he,and Hum new 1996 men partnership registration form A & B certificate kiya Hua he jo ki manual he,kaya co taan bhi valid he? Kaya phir se lene li jaroorat to nahi ? Please guide kar dijiye.thanks
@sehrawat24
@sehrawat24 2 года назад
Superb video 👌👌
@pareshmetaliya6214
@pareshmetaliya6214 2 года назад
Please one video on compare between partnership firm vs proprietor with respect to tax based
@vikasjain5808
@vikasjain5808 5 месяцев назад
Hi, I want to know if I notarized a partnership deed in other state and my firm will start working in other state. Is it possible??
@garrysingh3337
@garrysingh3337 Месяц назад
For multiple different business like making videos for social media platform on food, travel etc. AND digital services like web designing and web development; do we need to make separate firms? separate proprietorships, separate partnerships?
@art4u509
@art4u509 2 года назад
Intro katai zahr
@somashankarmaradimani8333
@somashankarmaradimani8333 3 месяца назад
Wow, Easiest Explanation 😀
@Hashim_Ahmed
@Hashim_Ahmed Год назад
Only msme certificate enough for partnership firm ? Or I need to register separately somewhere
@SantoshKumar-iz4kc
@SantoshKumar-iz4kc 4 месяца назад
Sir proprietor ship firm ka proprietor apana alag se bhi return file Kar Sakata hain kya investment ka
@khetibadi2024
@khetibadi2024 Год назад
thank you for nice informaton. I have a question regarding prop and partnership firm. Can a person who is neither in a government job nor in a private job but availing salary from a Research project or working as a researcher in an institutional research project?
@aniruddhaaarbatti7688
@aniruddhaaarbatti7688 Год назад
Hi sir, Currently I am running business in proprietorship with GST registration. And if I want to switch it in partnership firm what should I do. Thanks.
@pravaratechnical761
@pravaratechnical761 6 месяцев назад
Super information thanks LLA
@madhanv2120
@madhanv2120 3 года назад
If it’s unregistered then u/s40(b),intrest salary bouns commission disallowed….there is a distinction in eyes of income tax act 1962
@akshayraju6235
@akshayraju6235 3 года назад
Super do vedios on how to start all types of business firm mean each procedures
@nutsnuts8652
@nutsnuts8652 10 месяцев назад
Can soleproprieter b converted into partnership or partnership firm converted to sole proprietorship???plz elaborate
@traveller_dilse
@traveller_dilse Год назад
Mera gst already hai agar Mera turnover 20 lac se Jada nahi Hai to mujhe Nil return file karne se hoga kya pls reply
@UnscriptedAkash
@UnscriptedAkash 5 месяцев назад
Kya mai proprietorship firm ke end mai "Inc." Suffix add kr skte hai?
@superholybook1132
@superholybook1132 24 дня назад
Sir humare partnership firm hai but me us partnership firm se experience le k individual firm kar sakta hun kya
@himanshupawar2610
@himanshupawar2610 Год назад
If I want to close my partnership firm how can I do that?
@alauddinfirdus
@alauddinfirdus 2 года назад
Rishabh Sir. I would like to know about LLP for startup. A-Z of LLP. It would be benefited large.
@Sharma-hd4gm
@Sharma-hd4gm 2 года назад
Superb video
@divyanshugupta37
@divyanshugupta37 5 месяцев назад
Hello team LLA, thanks for putting out this series. I wanted to know if I am living with my parents in the house jointly owned by them then we my father creates his HUF, and if my partnership firm with my mother can come in agreement with each other i.e. can our partnership firm give rent to my father's HUF? would appreciate a reply. Thanks
@anubhavhire9690
@anubhavhire9690 5 месяцев назад
@LabourLawAdvisor Thank you making this amazing video! I have a basic question: Suppose A & B are 50-50% partners in a firm XYZ So A & B can claim salary and profit both in their own firm? Also the tax paid by A & B are only on the salary and not the the profit share? Is this correct?
@YouAndImpact
@YouAndImpact 3 года назад
Nice video 👌
@AnuragYadav-tz1fz
@AnuragYadav-tz1fz 3 года назад
Thank you ☺️☺️☺️
@mirzaumar6858
@mirzaumar6858 2 года назад
Could you tell, how unregister partnership firm apply for PAN
@MyFamilyVideoBuniadpur
@MyFamilyVideoBuniadpur Год назад
Resp sir/madam, I don't have password for login to site of registration of partnership firm. I have user ID but don't have password and there is no any option like forget password/reset password. How can I get my password please help me...
@yogeshgoyal7114
@yogeshgoyal7114 2 года назад
Best information
@snehasishghosh7039
@snehasishghosh7039 Год назад
Is it possible to form a partnership firm without any capital of the partners?
@AyeshaKhan-nr1sf
@AyeshaKhan-nr1sf 11 месяцев назад
I'm starting a poultry farm and doing tie up as contract farming with company and will give our service where expected income is around 40 lakhs annual so should I start as proprietor or partnership, please confirm
@SSBTECH670
@SSBTECH670 Год назад
sir without GST number k other states m product ko sell kar sakte hai.
@YashTilakAwasthi
@YashTilakAwasthi Год назад
I can’t find sample partnership deed in the description?
@azazsanghar1014
@azazsanghar1014 Год назад
we have partnership firm and our net income of firm is 4 lacs still we have to pay tax?
@taniskanand9545
@taniskanand9545 2 года назад
VERY NICE VIDEO
@thecatshow2324
@thecatshow2324 2 года назад
Hamare Pass Proprietorship Ka GST number hai , Ab hame Same GST number Ko Partnership me Convert Karna hai to ho sakta hai ........ Please Reply Sir.
@travelwithjatin2709
@travelwithjatin2709 7 месяцев назад
Partnership firm company open kiya ho to kya bank "Business Loan" ke ready hoga Process kya rahega?
@problopper
@problopper Год назад
Can Anyone explain if paidup capital is required to open a partnership firm
@DemonBaba
@DemonBaba 2 года назад
Can u make video on those who want to trading in huge volumes and heavy portfolio and portfolio management services , private equity firm and assets management thanks
@sunilgavade6580
@sunilgavade6580 Год назад
Informative video and initial requirements very well explained Once they settled both the partner then go for Private Limited GST is mandatory for 20 lacs for Services GST is mandatory for 40 lacs for manufacturing GST is mandatory for what is the limits lacs for Trading or Merchandising
@vishnuprasadreddyeng
@vishnuprasadreddyeng 9 месяцев назад
trading is considered as service-based business.
@sunilgavade6580
@sunilgavade6580 9 месяцев назад
@@vishnuprasadreddyeng Praman Ji and Thanks for replying.
@paraharsh20
@paraharsh20 3 года назад
Superbbb
@EntertainerShreyans
@EntertainerShreyans 2 года назад
What Licence to be take in partnership firm for raising funds from public @ 7-8% returns and investment those in shares and mutual funds as well as giving loan to any one else in the market, where I will get 12-15% returns
@TheInfographicsHub
@TheInfographicsHub 2 года назад
There is no sample of partnership deed format? Can you please add?
@RituRaj-yj2tg
@RituRaj-yj2tg 3 года назад
Do more videos on business ideas, franchiese,2nd income source and online business on flipkart amazon etc😉
@manass3801
@manass3801 Год назад
Sir I have a question about how to register a Indie gamming company and which type to choose from??
@aavesh.bagwan
@aavesh.bagwan 9 месяцев назад
What a video ❤️🤩
@avijitmajhi6821
@avijitmajhi6821 3 года назад
Hlw Sir, I want to start my manpower recruitment agency. So which entity is good for me. I want to run my business for long term.
@aikagyan999
@aikagyan999 2 года назад
I install quick payroll but facing problem in registering,..
@aksingh1180
@aksingh1180 3 года назад
Thanks sir, EPF par vedio banao kaise withdraw kar sakte hai ,kaise hum apna mobile number change kar sakte in EPF ACCOUNT me Kitne ways se hum kar sakte epf withdraw offline or online,pura prosses btana
@AshishVerma-ii6kf
@AshishVerma-ii6kf 2 месяца назад
Thanku sir
@sanjitraj6062
@sanjitraj6062 2 года назад
Rap was awesome
@cosmicadmissionsplacements3992
@cosmicadmissionsplacements3992 3 месяца назад
Nice information
@navokumarsardar
@navokumarsardar 2 года назад
SIR MERA 1 PROPREITERSHIP KE UNDER ME COMPANY HAI, AUR MERE FRIND KAA BHI , AUR HUM DONO APNE APNE BUSINESS KO RUN KARTE HUYE 1 NEW PARTNERSHIP FIRM OPEN KARNA CHAHTE HAI, TO KYAA YE CHEEZ POSSIBLE HAI? AGAR HAI TO KYAA PROCESS HAI ? HUM DONO KE PASS KHUD KAA GSTIN NUMBER HAI PEHLE SE HI TO KYAA PARTNERSHIP FIRM ME ALAG SE TAXATION HO SAKTA HAI?
@amitagarwal5949
@amitagarwal5949 2 года назад
Agar koi partner's new aa raha hai to 2000 ka stamp dubara lagega kya
@dsanrame268
@dsanrame268 2 года назад
can father and son open partnership firm......?? actually I want to do business on my father premises which is on Pagdi system...so that premises occupier is my father...for saving transfer fees to Landlord i want to open partnership firm with my father in profit sharing ratio 90 :10....is it okay to do that......??
@21stCenturyLemonade
@21stCenturyLemonade 3 месяца назад
I got gold on RU-vid!! Thanks for the content. 500Crs 5 years. See yaaa
@avishakaushik4945
@avishakaushik4945 6 месяцев назад
Is current account necessary since the beginning, for partnership business??
@mulrajpatel180
@mulrajpatel180 Год назад
Can partnership firm have different address like company ? Place of business is different and registered office is different
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