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

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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

Пікірлер: 321

  • @LabourLawAdvisor
    @LabourLawAdvisor3 жыл бұрын

    Hax to Save Tax: www.taxplanningforsalariedemployees.com 💸DEMAT Account: link.lla.in/Demat File ITR: link.lla.in/Tax

  • @nikhildureja2488

    @nikhildureja2488

    3 жыл бұрын

    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 жыл бұрын

    Plsss help and guide me ...I will be so thankful to you

  • @mirzaumar6858

    @mirzaumar6858

    2 жыл бұрын

    Could you tell me how unregister partnership firm apply for PAN

  • @rasheedquerishe

    @rasheedquerishe

    2 жыл бұрын

    @@mirzaumar6858 with the help of shop and established act certificate you can apply for PAN card

  • @chennabharghavkumar8671

    @chennabharghavkumar8671

    2 ай бұрын

    I'm an employee of a MNC company. Can I be as a silent partner in a partnership firm?

  • @successfulmanifester_2229
    @successfulmanifester_22295 ай бұрын

    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
    @roeydaz11 ай бұрын

    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.

  • @darshanparikh4136
    @darshanparikh41363 жыл бұрын

    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

  • @anandpawar8706
    @anandpawar8706 Жыл бұрын

    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

  • @raghavkapoor5663
    @raghavkapoor56633 жыл бұрын

    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

    Жыл бұрын

    Act mein 100 hai rule mein 50 to act prevail krega to 50 nhi 100 hoga

  • @nexterplayz882

    @nexterplayz882

    Жыл бұрын

    ​@@saubhagyasaxena8770 nhi bhai 50 hoga

  • @mulrajpatel180

    @mulrajpatel180

    Жыл бұрын

    Partnership firm me companies act kaha se aa gaya ?

  • @Adityasingh-vm6xc
    @Adityasingh-vm6xc3 жыл бұрын

    LLP and Pvt very nice video best video I understood everything 🙏🙏👍👍👍

  • @bhnuc
    @bhnuc3 жыл бұрын

    Aur to sab badiya tha par RAP to dil hi le gaya.😎

  • @dpcreations5881
    @dpcreations58812 жыл бұрын

    Sir best ever channel I see in my life Tq soo much sir

  • @ashwin0985
    @ashwin09852 жыл бұрын

    Very Good Information Sir, I found it very Educational & informative.

  • @ps.15_
    @ps.15_3 жыл бұрын

    As a company secretary student It is very easy to understand 😃

  • @Bhawana_Gourisariya

    @Bhawana_Gourisariya

    3 жыл бұрын

    Yehh...Same here...🤘😎

  • @ps.15_

    @ps.15_

    3 жыл бұрын

    @@Bhawana_Gourisariya are you in executive level

  • @Bhawana_Gourisariya

    @Bhawana_Gourisariya

    3 жыл бұрын

    @@ps.15_ ..yes

  • @ShubhamSharma-zj2fw

    @ShubhamSharma-zj2fw

    3 жыл бұрын

    Exactly 😅

  • @ps.15_

    @ps.15_

    3 жыл бұрын

    @@ShubhamSharma-zj2fw Cs rocks😎

  • @Jungkook_BTS__
    @Jungkook_BTS__2 жыл бұрын

    It was seriously Great...thanku so much sir...u doing great work 💜💐

  • @Rohit_Raut1
    @Rohit_Raut1 Жыл бұрын

    Thanks for Rap, it was epic enough 😂😂 I was feeling sleepy orr videos dekhte dekhte

  • @amankumarsha8936
    @amankumarsha89362 жыл бұрын

    wowwwww that was unexpecting bhut acha laga aaplo ka song ,🤗🤗🤗🤗🤗

  • @mukeshmanori7935
    @mukeshmanori79353 жыл бұрын

    Superb superb explanation.... Thanks👌👌

  • @accountanttraining.3071
    @accountanttraining.3071 Жыл бұрын

    What a Video sir, 🤩🤩 Thankyou soo much🙏 You clear my all doubt

  • @vishalmaheta7708
    @vishalmaheta77083 жыл бұрын

    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

  • @babyshachobe7632
    @babyshachobe7632 Жыл бұрын

    Thank you sir for giving valuable information 🙏🙏

  • @SameerAnsari-gh9sh
    @SameerAnsari-gh9sh Жыл бұрын

    Video part me bat diya hai, Very Nice.

  • @ananygoel1703
    @ananygoel17033 жыл бұрын

    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

  • @ShahzadKhan-qk2nn
    @ShahzadKhan-qk2nn2 жыл бұрын

    Well explained. Very good video

  • @pravinchoudhari4782
    @pravinchoudhari47823 жыл бұрын

    Excellent sir very knowledge video

  • @Creative_Gourav
    @Creative_Gourav2 жыл бұрын

    thank you sir for making this video 🙏🏻🙏🏻🙏🏻🙏🏻

  • @TheRepublicPress
    @TheRepublicPress Жыл бұрын

    Very good and useful information. Sir, please also make comprehensive video on Section 8, of Company Act.

  • @shekhjamsherali7486
    @shekhjamsherali74862 жыл бұрын

    Bhai Song kya jordar hai... Bantai diiss Karega 😀😀😀

  • @priyanshukhare6652
    @priyanshukhare66522 жыл бұрын

    Intro rap song was literally amazing 🤩

  • @somashankarmaradimani8333
    @somashankarmaradimani83333 ай бұрын

    Wow, Easiest Explanation 😀

  • @SagMahajan
    @SagMahajan Жыл бұрын

    Most comprehensive video found on this topic, have you made the video for dedicated for LLP later?

  • @gameaholic.official
    @gameaholic.official6 ай бұрын

    Two great rapper of the moon 😊😅❤ ; aaree aap galat profession me aa gaye aapko toh Eminem ko competition deta thaa 😊😅

  • @deepakpeety1773
    @deepakpeety17732 жыл бұрын

    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?

  • @kailashbhardwaj3278
    @kailashbhardwaj32782 жыл бұрын

    वेरी यूजफुल वीडियो सर

  • @sehrawat24
    @sehrawat242 жыл бұрын

    Superb video 👌👌

  • @art4u509
    @art4u5092 жыл бұрын

    Intro katai zahr

  • @AnuragYadav-tz1fz
    @AnuragYadav-tz1fz3 жыл бұрын

    Thank you ☺️☺️☺️

  • @YouAndImpact
    @YouAndImpact3 жыл бұрын

    Nice video 👌

  • @pravaratechnical761
    @pravaratechnical7616 ай бұрын

    Super information thanks LLA

  • @aavesh.bagwan
    @aavesh.bagwan9 ай бұрын

    What a video ❤️🤩

  • @Sharma-hd4gm
    @Sharma-hd4gm2 жыл бұрын

    Superb video

  • @pareshmetaliya6214
    @pareshmetaliya62142 жыл бұрын

    Please one video on compare between partnership firm vs proprietor with respect to tax based

  • @akshayraju6235
    @akshayraju62353 жыл бұрын

    Super do vedios on how to start all types of business firm mean each procedures

  • @sanjitraj6062
    @sanjitraj60622 жыл бұрын

    Rap was awesome

  • @yogeshgoyal7114
    @yogeshgoyal71142 жыл бұрын

    Best information

  • @kaustubhpatwari4440
    @kaustubhpatwari44402 жыл бұрын

    Yo yo yo The Rap Was Lit 🔥🔥😂

  • @paraharsh20
    @paraharsh203 жыл бұрын

    Superbbb

  • @RituRaj-yj2tg
    @RituRaj-yj2tg3 жыл бұрын

    Do more videos on business ideas, franchiese,2nd income source and online business on flipkart amazon etc😉

  • @arpitsharma009
    @arpitsharma0092 жыл бұрын

    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

  • @taniskanand9545
    @taniskanand95452 жыл бұрын

    VERY NICE VIDEO

  • @sunilgavade6580
    @sunilgavade6580 Жыл бұрын

    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 ай бұрын

    trading is considered as service-based business.

  • @sunilgavade6580

    @sunilgavade6580

    9 ай бұрын

    @@vishnuprasadreddyeng Praman Ji and Thanks for replying.

  • @good2food
    @good2food3 жыл бұрын

    Super Cool Content Make More Further!!!❤️

  • @cosmicadmissionsplacements3992
    @cosmicadmissionsplacements39923 ай бұрын

    Nice information

  • @21stCenturyLemonade
    @21stCenturyLemonade3 ай бұрын

    I got gold on KZread!! Thanks for the content. 500Crs 5 years. See yaaa

  • @amr35h
    @amr35h3 жыл бұрын

    Make video on how to move partnership firm into Pvt Ltd or LLP

  • @Avadhesh95
    @Avadhesh953 жыл бұрын

    Both partners are equal in llp or one can avail more benefit like becoming a director?

  • @ajaytirkey7777
    @ajaytirkey77772 жыл бұрын

    Thanks sir I want knowledge

  • @prameetraghuwanshi497
    @prameetraghuwanshi4973 жыл бұрын

    Can you share one for PVT. LTD also ?

  • @alauddinfirdus
    @alauddinfirdus2 жыл бұрын

    Rishabh Sir. I would like to know about LLP for startup. A-Z of LLP. It would be benefited large.

  • @RahulKaveeshwar
    @RahulKaveeshwar2 жыл бұрын

    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?

  • @madhanv2120
    @madhanv21203 жыл бұрын

    If it’s unregistered then u/s40(b),intrest salary bouns commission disallowed….there is a distinction in eyes of income tax act 1962

  • @jaiveer9306
    @jaiveer93063 жыл бұрын

    Ok thanks

  • @sapandream
    @sapandream Жыл бұрын

    Hahahaha 😂😂😂❤❤❤ kya gazaab Rap hai

  • @indiananimewatcher2493
    @indiananimewatcher24932 жыл бұрын

    Sir please discuss tax holiday in startups

  • @infoentertainment2343
    @infoentertainment2343 Жыл бұрын

    Thanks Sir

  • @Palrajeev25
    @Palrajeev25 Жыл бұрын

    Plz provide the link for the next lecture of this series ie how to incorporate llp

  • @AmarBhonsle1
    @AmarBhonsle13 жыл бұрын

    अनूप सर् 🙏🏻🙏🏻

  • @nishant205
    @nishant205 Жыл бұрын

    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

  • @AshishVerma-ii6kf
    @AshishVerma-ii6kf2 ай бұрын

    Thanku sir

  • @viveksinha5597
    @viveksinha55973 жыл бұрын

    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.

  • @jasonpinto5046
    @jasonpinto50463 жыл бұрын

    OPC next please 🙏🏻

  • @DemonBaba
    @DemonBaba2 жыл бұрын

    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

  • @gobaraGanesh
    @gobaraGanesh7 ай бұрын

    Thanks

  • @sumitism
    @sumitism Жыл бұрын

    5:42 I cannot find Sample Partnership Deed in description! Please help

  • @sunilgavade6580
    @sunilgavade6580 Жыл бұрын

    Financial Accounting and Management Accounting and Business Statistics and Corporate Finance are important subject please make some short vedeo

  • @DemonBaba
    @DemonBaba2 жыл бұрын

    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

  • @apoemadaywithkk4660
    @apoemadaywithkk46602 жыл бұрын

    If I go for sole proprietorship, but want to show a team on my website, does that work?

  • @Hashim_Ahmed
    @Hashim_Ahmed Жыл бұрын

    Only msme certificate enough for partnership firm ? Or I need to register separately somewhere

  • @sunilgavade6580
    @sunilgavade65809 ай бұрын

    For initial start-up going for Private Limited Company (PLC) or Partnership Firm is good ? Looking for your valuable inputs

  • @anubhavhire9690
    @anubhavhire96905 ай бұрын

    @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?

  • @mohammadzafar1536
    @mohammadzafar15362 жыл бұрын

    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

  • @rupaljain27
    @rupaljain2711 ай бұрын

    Doesn't GST help in getting tax credit back on assets like car, laptop,etc?

  • @MukeshMishra
    @MukeshMishra2 жыл бұрын

    Sb clear ❤️🇮🇳👍

  • @hemantsharma-qq5iq
    @hemantsharma-qq5iq2 жыл бұрын

    nice info

  • @traveller_dilse
    @traveller_dilse Жыл бұрын

    Mera gst already hai agar Mera turnover 20 lac se Jada nahi Hai to mujhe Nil return file karne se hoga kya pls reply

  • @garrysingh3337
    @garrysingh3337Ай бұрын

    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?

  • @lokeshkochar9881
    @lokeshkochar98813 жыл бұрын

    Please take next session on KZread instead of Instagram.

  • @LabourLawAdvisor

    @LabourLawAdvisor

    3 жыл бұрын

    Matlab?

  • @lokeshkochar9881

    @lokeshkochar9881

    3 жыл бұрын

    @@LabourLawAdvisor sunday wala session which you said in video. Where live quires will also be entertained. Please take tha on KZread

  • @vikasjain5808
    @vikasjain58085 ай бұрын

    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??

  • @rajputin5586
    @rajputin55863 жыл бұрын

    Respected Sir, Please make a video on PRIVATE LIMITED FIRM & guide us on this topic. ⚔Jay Hind !🇮🇳

  • @risabh_01
    @risabh_012 жыл бұрын

    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

  • @developeraj4795
    @developeraj47952 жыл бұрын

    We need detailed information on Private limited company , pleaseee

  • @SSBTECH670
    @SSBTECH670 Жыл бұрын

    sir without GST number k other states m product ko sell kar sakte hai.

  • @MohammedRiyaz3143
    @MohammedRiyaz3143 Жыл бұрын

    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.

  • @himanshupawar2610
    @himanshupawar2610 Жыл бұрын

    If I want to close my partnership firm how can I do that?

  • @DeepakVerma-oh1ki
    @DeepakVerma-oh1ki Жыл бұрын

    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

  • @khetibadi2024
    @khetibadi2024 Жыл бұрын

    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?

  • @shettyvarun1910
    @shettyvarun19102 жыл бұрын

    YUP , IAM IN CLASS 12 AND WE HAVE A SEPARATE CHAPTER ON PARTNERSHIP......

  • @haftavasuli7162

    @haftavasuli7162

    2 жыл бұрын

    True

  • @shivjayvolvloikar

    @shivjayvolvloikar

    Жыл бұрын

    Which stream?

  • @Shortvideo-sb8

    @Shortvideo-sb8

    Жыл бұрын

    @@shivjayvolvloikar in Biology stream LOL 😆😂😂😂

  • @shivjayvolvloikar

    @shivjayvolvloikar

    Жыл бұрын

    @@Shortvideo-sb8 😐😅 got it bro

  • @souvikbasak2523

    @souvikbasak2523

    Жыл бұрын

    Same from West Bengal 😊

  • @dsanrame268
    @dsanrame2682 жыл бұрын

    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......??

  • @paraharsh20
    @paraharsh203 жыл бұрын

    Cooooool

  • @SantoshKumar-iz4kc
    @SantoshKumar-iz4kc4 ай бұрын

    Sir proprietor ship firm ka proprietor apana alag se bhi return file Kar Sakata hain kya investment ka

  • @mirzaumar6858
    @mirzaumar68582 жыл бұрын

    Could you tell, how unregister partnership firm apply for PAN

  • @nutsnuts8652
    @nutsnuts865210 ай бұрын

    Can soleproprieter b converted into partnership or partnership firm converted to sole proprietorship???plz elaborate

  • @chetrajpandey8159
    @chetrajpandey81592 жыл бұрын

    Good

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