Partnership Firm

Formation and Registration

Start your partnership on the right note with our formation and registration services:

Partnership Deed Drafting and Agreement: We draft a partnership deed defining roles, responsibilities, profit-sharing, and other essential terms for a clear agreement.
Partnership Firm Registration: Register your firm with the Registrar of Firms for legal recognition (optional but recommended).
Udyam Registration (formerly Udyog Aadhaar): Gain MSME benefits and subsidies with Udyam Registration.
Shop and Establishment Act Registration: Required for firms with physical offices or retail locations to ensure compliance.
Startup Registration (if applicable): Get registered under Startup India for tax benefits and funding opportunities for eligible businesses.

Licenses and Permits

Ensure your business operates within legal bounds with the necessary licenses and permits:

GST Registration: Essential for firms with turnover exceeding the legal limit or those involved in inter-state sales.
Trade License: Local registration for operating legally in your municipal area.
FSSAI License: Required for firms involved in food processing, handling, or distribution.
Trademark Registration: Protect your firm’s brand identity, including its name, logo, and symbol.
Pollution Control License: Necessary for firms impacting the environment (sector-specific).
Import Export Code (IEC): Required for firms involved in import or export activities.
Industry-Specific Permits: Obtain additional clearances like pollution board clearance if operating in manufacturing or other regulated sectors.

Financial Management and Accounting

Stay financially organized with our robust accounting and financial management services:

Bookkeeping and Accounting: Maintain accurate records with our regular bookkeeping services.
Finalization of Accounts: End-of-year processes, including trial balances, profit and loss accounts, and balance sheets.
Payroll Management: Efficient management of employee salaries, PF, ESI, and TDS on salaries.
Reconciliation of Accounts: Periodic bank, debtor, and creditor reconciliations.
Cash Flow and Budgeting: Regular cash flow analysis and budgeting to guide financial decisions.

Taxation and Compliance

Keep your firm fully compliant with tax regulations and avoid penalties:

Income Tax Filing: Annual filing of the partnership firm’s income tax returns.
GST Return Filing: Monthly or quarterly filing of GST returns, along with the annual return.
TDS Compliance: Proper deduction, payment, and return filing of TDS as per legal guidelines.
Advance Tax Compliance: Calculation and payment of advance tax based on applicable rules.
Professional Tax Registration and Compliance: Required in some states for both the firm and its employees.

Employee and Social Welfare Compliance

Safeguard your employees’ rights and comply with social welfare laws:

Provident Fund (PF) Registration and Filing: Register and manage PF contributions when employee strength crosses the statutory limit.
Employee State Insurance (ESI) Registration and Filing: Required for firms with eligible employee numbers.
Gratuity Compliance: Provide gratuity benefits to eligible employees as per legal mandates.
Bonus and Employee Benefits Compliance: Ensure compliance with statutory bonuses and employee welfare contributions.
Professional Tax Deduction for Employees: Deduct and file professional tax as per state regulations.

Loan and Subsidy Assistance

Access funding and subsidies to support your firm’s growth with our assistance:

Business Loan Assistance: Guidance on securing business loans from banks and financial institutions.
Mudra Loan Application: Financial support under the Pradhan Mantri Mudra Yojana for small businesses.
Government Subsidy Schemes: Assistance with government subsidies available to MSMEs.
Interest Subsidy under MSME Schemes: Benefit from interest subsidies on loans.
SIDBI or NABARD Assistance: Financial support from SIDBI or NABARD for small businesses and sector-specific needs.

Intellectual Property Protection

Safeguard your firm’s intellectual property to protect your unique offerings:

Trademark Registration: Secure your firm’s brand, logo, or trademark.
Patent Filing: For firms creating innovative products or processes.
Copyright Registration: For original content, including written works, media, or software.
Design Registration: Protect unique product designs from imitation.

Annual Compliance and Reporting

Keep up with annual requirements to maintain compliance and transparency:

Annual ROC Compliance Filing: Submit mandatory documents to the Registrar of Companies (for registered firms).
Annual Financial Statements Preparation: Prepare comprehensive statements for tax filing and auditing.
Audit and Financial Review: Mandatory audits for firms above a certain turnover to ensure compliance.
MSME Compliance Reporting: File periodic MSME reports to retain benefits if registered as an MSME.

Operational and Logistical Services

Streamline your operations with our support in logistics, utility setup, and crisis planning:

Utility Connection Assistance: Set up necessary electricity, water, and gas connections for your firm.
Cybersecurity and Data Protection: Compliance with data protection laws to safeguard customer information.
Business Insurance: Get coverage for property, liability, and health to mitigate business risks.
Crisis and Disaster Management Plan: Develop strategies for business continuity during emergencies.

With Zelta Consultancy, partnership firms receive expert support for all aspects of business setup, compliance, financial management, and growth. Our end-to-end services are designed to help your firm thrive in a competitive market. Reach out today to streamline your partnership operations!

Business Entity Compliance

Taxation & Financial Compliance

Labor Law & Employment

Documentation & Certification