After sole proprietorship, the “Partnership Firm” is the second most popular business structure in India. Additionally, it should be noted that compared to LLPs, Partnership Firms require more registration because a DIN and DSC are not required. Additionally, an applicant must finish the process on the EGROOPS portal in order to create a Partnership Firm in Kerala.

Electronic Governance for Partnership Firms and Societies Registration is known as EGROOPS. It is a legitimate website where Kerala Societies and Partnership Firms can be registered online. In order to put into place a reliable registration system for Partnership Firms and Societies in Kerala, the EGROOPS was established. In this article, we will discuss how to register a Partnership Firm in Kerala.

What is Partnership Firm?

A Partnership Firm has a minimum of two individuals needed for the incorporation of registration as a business format. These individuals must all concur that they will manage corporate operations. Additionally, these people are referred to as Partners individually and as a partnership firm together.

Additionally, the Indian Partnership Act of 1932’s regulations control and administrate this company form, which is based on the concept of mutual agency.

Documents needed to Register a Partnership Firm in Kerala

The following are the documents needed to register a Partnership Firm in Kerala of all the partners:

• PAN Card
• Aadhar Card
• Driver’s License
• Passport
• Voter ID
• Sale deed in case the partner owns the place
• Rental agreement copy if on a rental basis
• Recent electricity bill which is not exceeding by 3 months

Information needed before Register a Partnership Firm in Kerala

The following is the basic information needed before Register a Partnership Firm in Kerala:

• The partnership firm’s name
• The Partnership Firm’s duration
• The firm’s principal place of business
• The name and address of any additional location being used for business operations
• Names and addresses of each partner’s home
• Date of Joining for every Partner

Procedure

The following are the steps to Register a Partnership Firm in Kerala:

Step 1:

Go to the EGROOPS home page^[1]. EGROOPS is an official website for registering a Partnership Firm in Kerala.

Step 2:

Click the “New firm registration” button on the right side of the EGROOPS homepage, then fill out the necessary fields.

Step 3:

To submit the form, click the submit button at the bottom of the form once the data feed is complete. After clicking the submit button, a number and password generated by the system will appear on your screen. The mobile and email addresses you provided while inputting the information will receive emails containing the same phone number and password.

Step 4:

Sign in at the EGROOPS website (by using the username and password provided in the 3rd step). You may access the application needed to register a partnership firm once you’ve logged in. Visit the link in the middle of the screen after starting the application to register a new Partnership Firm In Kerala.

Step 5:

Add the address and the selected name for the Partnership Firm in Kerala.

Step 6:

You must now enter the information for your partners and attach any required supporting papers. Four different partner types are accepted by the EGROOPS platform:

• Regular partner
• Holder of a power of attorney
• Minor companion and

The different information would need to be submitted depending on the type of partner selected. For normal/minor partners, the form must include their name, gender, age, address, contact information for their guardian, and other information.

A single person will be designated to represent the corporation in all legal proceedings in the event of a corporation. The information of the individual repping the company must be filled out in the section provided on the form. To add more partners to the firm, click the add partner button after you’ve completed the partner information form and uploaded the necessary files.

Step 7:

Once all Partners have been added, select “Add Business Place” to add the information for the company’s additional branches (if any).

Step 8:

After successfully updating the partner and place of business details and the necessary documents, you can pay the online registration fees for the partnership firm registration. Both online and offline methods of payment are accepted:

• payment order
• Payment in cash
• e-Payment
• Select the payment type that is most convenient for you and start the transaction.

Step 9:

A message verifying the payment and a reference number for later use will be sent to you after the money has been received. The same message will be sent to both your registered email address and mobile number. A Gazetted officer, a practicing attorney, an income-tax officer, an honorary magistrate, or a practicing chartered accountant must then certify the application.

The rejection of your application will still be visible on your EGROOPS account, so keep that in mind. The registered user can view the rejected application by logging into their EGROOPS account. The registered person must submit the application again after fixing the error.

Step 10: 

Click “Print Acknowledgement” to print the acknowledgment if the registration was successful. You may browse and download the PDF form for the firm registration certificate in the same place.

Conclusion 

In short, a person or applicant must go to the official EGROOPS website if they want to register a Partnership Firm in Kerala. Additionally, the applicant must have the documents confirmed by a registered attestation officer after submitting the documents and completing the registration process.

Thus, it is accurate to say that registering a Partnership Firm in Kerala is a difficult, exhausting, and physically taxing process that also requires professional support. Seek professional advice to register a Partnership Firm in Kerala by Bizadvisors Professional. You can also reach Bizadvisors.io for more information.

Read our article:Guide on Partnership Firm Registration in Uttar Pradesh