Registering a partnership firm in Kanpur is simple and can be completed online through the Uttar Pradesh RFSC portal (uprfsc.gov.in). Follow these steps carefully to complete your registration smoothly:
Step 1: Choose a Unique Name for Your Partnership Firm
Start by selecting a unique name for your partnership firm. Ensure the name:
- Reflects the nature of your business
- Is not identical to any existing firms in Uttar Pradesh
- Avoids restricted, misleading, or government-related terms
Prepare 2–3 alternatives before final approval to prevent delays caused by rejections.
Timeline: 1–2 days
Step 2: Draft the Partnership Deed
Once the name is approved, draft a partnership deed that includes:
- Names and addresses of all partners
- Business objectives, scope, and nature
- Capital contributions of each partner
- Profit-sharing and loss-bearing ratios
- Roles, duties, and rights of each partner
- Duration of the partnership and partner entry/exit terms
The deed must be executed on non-judicial stamp paper, and notarization is recommended. Although oral partnerships are recognized under the Indian Partnership Act, 1932, a written deed is necessary for registration. All partners must sign it in the presence of witnesses.
Timeline: 2–3 days
Step 3: Apply for the Firm’s PAN Card Online
Next, apply for a firm PAN card online throughNSDL or UTIITSL portals (pan.utiitsl.com). This PAN card is essential for tax compliance, filing returns, and opening a firm bank account.
Timeline: 7–10 working days
Step 4: Fill Registration Application (Form 1)
After receiving the PAN card, download Form 1 from the Uttar Pradesh RFSC portal (uprfsc.gov.in). Fill in:
- Firm name and business details
- Principal office address in Kanpur
- Names and addresses of all partners
- Start date of each partner in the firm
Ensure all partners or authorized representatives sign the form before submission.
Timeline: 1 day
Step 5: Submit Documents to the RFSC
Once Form 1 is completed, submit the following documents to the RFSC:
- Signed and notarized partnership deed
- Registration fee payment
- Copy of the firm’s PAN card
- Proof of office address (rent agreement, utility bill)
- PAN and address proof of all partners
- Affidavit confirming all details are correct
Double-check all documents to avoid delays in registration.
Timeline: 1–2 days
Step 6: Receive the Registration Certificate
After verification, the Registrar issues the Certificate of Registration with a unique firm number. This certificate proves your firm is legally registered in Kanpur.
Timeline: 10–15 days
Step 7: Open a Current Bank Account
Finally, use the PAN card and registration certificate to open a current bank account in the firm’s name. This account is required for all business transactions and financial management.
Timeline: 1–2 days
Registration of your partnership firm in Kanpur is valid for the lifetime of the business. Any changes in partners or firm details must be updated with the Registrar.
Note: You can also register a partnership firm via the Nivesh Mitra portal, Uttar Pradesh’s single-window portal, which is integrated with the Registrar’s backend system.
Register your partnership firm in Kanpur with RegisterKaro for smooth, fast, and fully compliant registration. Contact us to start today!